Glenwood
R2,975,000 Web Ref 1348768
PROPERTY FEATURES
10 Bedrooms | 5 Bathrooms | 2 Reception Rooms | 1 Family Room | 1 TV Room | 1 Dining Room | 1 Lounge | 1 Study | 1 Store Room | 1 Flatlet | Security | Kitchen | House Levels | Laundry Room | Aircon | 5 Carports | 4 Parking Spaces | Patio
Investment - student accommodation - formally a church
Sole Mandate. Zoned Residential/Business, this versatile and well-maintained property presents an investment opportunity. The property offers an impressive 507m² under roof on an 856m² stand and consists of 3 separate buildings. The main building features a large open-plan hall with excellent potential to be converted into student accommodation. The second building offers a spacious multi-purpose hall, three bedrooms, a lounge, dining area, kitchen, office facilities, and ample storage space. The upper level accommodates the living and office areas, while the lower level includes 8 toilets, 3 showers, a kitchen, office space, and additional storage areas that can easily be converted into further accommodation rooms. An extensive covered patio connects the two buildings, creating a functional communal area ideal for gatherings, study spaces, or recreational use. This property offers potential for conversion into a profitable business.

ERF Size 823 m²
Building Size 507m²
Rates R10 per month
Priscilla Pillay pris.pillay@rawson.co.za
Priscilla Pillay
c. 0812614691