4 Bedroom House For Sale in Glenwood

R1,350,000

Monthly Bond Repayment R13,705.59
Calculated over 20 years at 10.75% with no deposit.

Web Ref No TPR24135

Developers Dream

Prime Opportunity Near UKZN

Once a grand four-bedroom home, this property now presents an exceptional redevelopment opportunity. Although the interior was damaged by fire, the external walls remain intact, offering a solid starting point for restoration or redevelopment.

* **Zoned for Medium Density Housing** – Ideal for building a new residential complex.
* **Generous Land Size** – 996 sqm with drive-in access for up to four vehicles.
* **Secure Double Garage** – Unaffected by the fire.
* **Strategic Location** – Within walking distance to UKZN, making it perfect for student accommodation (subject to relevant approvals).
* **Municipal Rates** – R1710.15 per month.

Whether you choose to restore the existing structure to its former elegance or start fresh with a new development, this rare find offers boundless potential. Bring your vision, expertise, and creativity to transform this property into something remarkable.

Features

Bedrooms 4
Security Yes
Bathrooms 1
Recep. Rooms 2
Garages 2
Land Size 996m²
Carports/Parkings 4
Pets Allowed Yes
Monthly Rates R1,710.15