Penthouse Apartment for Sale in Glenwood R850,000 (Market Value R1,100,000)
A Rare Find with Breathtaking City, Bluff, and Harbour Views!
Welcome to your perfect haven in the heart of Glenwood, one of Durbans most peaceful and convenient suburbs. Just a stones throw from top schools, universities, colleges, hospitals, and shopping centres, and only a short drive from the beach this home offers both lifestyle and investment value.
Located on the 8th floor, this 130m east-facing penthouse unit captures panoramic views of the City Centre, Bluff, and coastline stretching as far as the eye can see.
Property Features:
2 spacious bedrooms with built-in cupboards and parquet flooring
1 full bathroom (with shower-over-bath and plumbing for a front loader)
Separate toilet
Large open-plan lounge and dining area
Massive 51m tiled balcony with potential to extend living space or build a bachelor unit (Body Corporate approval required)
Fully fitted kitchen
Prepaid electricity
Air conditioner, Wi-Fi connection point & DSTV dish (fully wired)
Total size: 130m (Living 79m + Balcony 51m)
Building Features:
Well-maintained complex with 24-hour manned security & full CCTV coverage
Secure parking available (R175 per bay via Body Corporate)
Monthly Costs:
Municipal Rates & Waste: R1,385.03
Levy: R3,736.78
Reserve Fund: R869.62
Parking: R175.00 (per bay)
Estimated Renovation Costs (Optional):
Bathroom: R20,000
Kitchen: R20,000 (plus optional second bathroom)
Drywalling for third bedroom: R9,000
Investment Potential:
Market value sits at R1.1 million, offering instant equity and room to add value by extending the balcony into extra living space or a rental bachelor unit perfect for student accommodation or an additional income stream.
Location Highlights:
Close to Davenport Square, Glenwood Village, schools, and major hospitals
Easy access to transport routes and the beach
This property is priced to go ideal for couples, families wanting a low-maintenance lifestyle, or savvy investors seeking high rental potential.
Contact Senzo Nzama