R670,000

R670,000

1 Bedroom Apartment For Sale in Glenwood
1
Bedrooms
1
Bathrooms
Print

"Instant Income, Timeless Charm"

Web Ref. DPR25208
Land size 657.00 m²
Floor size 51.00 m²
Monthly Bond Repayment
R6,577.01
The Ultimate Glenwood Starter-Pack: Style Meets Income
Step into a beautifully clean, light-filled 1-bed, 1-bath sanctuary. Featuring a modern, high-end kitchen and an oversized lounge perfect for relaxing, this apartment isn't just a home—it’s a smart financial asset.
For the Investor: High-demand area with a reliable tenant already in place. Start collecting R6,200/pm from day one with zero vacancy gap.
For the First-Time Buyer: Let the tenant pay your bond while you build equity in Durban’s most charming suburb.
At a monthly rental of R6,200, this property offers an impressive estimated ROI of ~11.1% (based on a R670k purchase price), making it a goldmine for investors and a bond-clever move for first-time buyers.
Monthly Levy R1,094
Monthly Rates R630
Total R1,724

Features

Interior
1 Bedroom
1 Bathroom
1 Kitchen
1 Lounge
Exterior
Security
Scenery / Views
Sizes
Land Size 657 m²
Floor Size 51 m²
Additional Amenities
24 Hour Access
Air Conditioner
Alarm System
cctv
Borehole
Listing Info
Date Listed 30-04-26

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.