House for sale
Flexible living and earning in Glenlily, Parow — ideal for investors or extended families, with five 1-bedroom flatlets plus a subdivided main house offering four bedrooms.
INVESTMENT OPPORTUNITY! HOUSE FOR SALE IN GLENLILY, PAROW!
Looking for a property with excellent rental income potential? This versatile property in GlenLily, Parow, offers a fantastic opportunity for investors or extended families seeking additional income.
The main house has been subdivided into two separate sections, each offering 2 bedrooms, providing a total of 4 bedrooms across the main residence. Both sections offer practical living arrangements, making this property ideal for dual occupancy or rental opportunities.
Adding even more value are 5 x 1-bedroom flatlets, each fitted with built-in cupboards, creating further opportunities to generate rental income.
Current total rental income= R50 000 per month. Excluding utilities.
Property Features:
Main house divided into 2 separate sections
2 bedrooms per section (4 bedrooms in total)
5 x 1-bedroom flatlets
Built-in cupboards in the main house and flatlets
Ample parking space on the property
Automated access gates
Multiple potential rental income streams
Conveniently located in Glenlily, Parow
Whether you`re looking to expand your investment portfolio, generate additional monthly income, or accommodate an extended family, this property offers plenty of possibilities.
Don`t miss out on this income-generating opportunity!
Contact me today for more information or to arrange a viewing.
Listed for sale at R3,295,000
Wide price range across Parow
Prices vary widely across Parow, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Parow (R2.9M–R18M).
Market depth
16 similar homes
17 listings across Parow
140 days
Median time on market
Medium inventory
Active across Parow
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Glenlilly is a well-established and centrally located residential neighborhood in Parow, offering families and professionals convenient access to major transport routes, schools, and essential urban amenities.
