Turnkey income living in Glenlily, close to schools and main routes. Reliable tenants deliver R18,000/month; practical two-bedroom, one-bath apartment with open parking.
Turnkey Investment Opportunity in Glenlily – Income-Generating Apartment
This well-maintained 2-bedroom, 1-bathroom apartment in the sought-after suburb of Glenlily presents an exceptional opportunity for investors looking to secure a property with immediate returns.
Sold as an ongoing concern, the apartment comes with reliable tenants already in place, generating a steady rental income of R18 000 per month. This makes it a hassle-free, turnkey investment from day one.
The apartment offers a comfortable and practical layout, with two well-sized bedrooms, a neat bathroom, and a functional living space designed for easy everyday living. Its location in Glenlily ensures convenient access to major routes, schools, and essential amenities, enhancing its long-term rental appeal.
Whether you're expanding your property portfolio or entering the investment market, this income-generating unit is a rare find that combines stability, convenience, and solid returns.
Faaghir Rasdien is a representative of Real Estate Power CC T/A Real Realty
Listed for sale at R1,095,000
How does this home’s price compare with similar properties?
Price comparison based on 12 similar-sized 2-bed homes.
Insight
Priced close to the local median, and inside the typical range across Parow.
Compared with 12 similar homes (17 listings) across Parow.
Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
Around R717k typical in Parow Central (small sample of 3).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Parow Central is a bustling, centrally located urban hub that offers residents convenient access to essential services, major transport routes, and a diverse range of local commercial amenities.
