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R6,200,000

R6,200,000

700m² Bed & Breakfast For Sale in Glenwood
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Fantastic position!!

Web Ref. CL7160
Land size 2889.00 m²
Floor size 700.00 m²
Monthly Bond Repayment
R56,713.83
Selling as going concern.

Zoned commercial,this grand home is ser on +/-3000 sq.m. of land in the most exclusive part of Upper Glenwood.

The main home offers 5 bedrooms, 2 lounges, study, massive kitchen with 2 pantries, laundry, lots of secure parking, great for entertaining, outdoor bar and pool area.

Substantial rental income from four 1 bed room units on the property, covering a R3 000 000 bond.

Serious seller ready to move on.

Please call for private viewing today!

Operating in terms of a franchise agreement with TYSON PROPERTY HOLDINGS (PTY) LTD

Features

Zoning
Commercial
Interior
Airconditioning
Exterior
Security
Sizes
Land Size 2,889 m²
Floor Size 700 m²
Additional Amenities
current rental income R30 000 p.m. from 4 units, excluding main house, 3 wendy huts, wine cellar, jungle gym, trampoline, curtains in main house included,diningroom set neg
Listing Info
Date Listed 27-07-18
Time Listed 13:39

Glenwood, Durban

Queensburgh has grown in popularity mainly because of its great location, it includes as many as ten suburbs. Situated south west of the City of Durban it is centrally located to the southern industrial suburbs and Pinetown’s industrial areas and just a short drive from the Pavilion shopping centre, Pinetown, Chatsworth, central Durban. Accessibility to the main highways is good with the M7/ N2 /N3 highways all being within easy reach. The Queensburgh area developed when early settlers wanted to escape from the humidity of the coast and so they headed to the inland hills. In 1924 four residential suburbs in the area being Malvern, Escombe, Northdene and Moseley combined to form the town of Malvern. In 1952 to celebrate the...
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