House for sale
Live central and earn rental income in Parow Central with flexible dual-living: two-bedroom main house plus two private flatlets generating R7,500/month; secure gated carport, near transport.
?? Income-Generating Property with Dual Living Potential – Parow Central R1 500 000
This income-generating property offers a rare opportunity to own a two-bedroom main house with two separate bachelor flatlets, each with its own private entrance, making it ideal for investors or homeowners looking to subsidies their bond.
The main residence features a spacious lounge, a modern designer kitchen with contemporary finishes, two comfortable bedrooms, and a well-appointed bathroom. The home is move-in ready and designed for easy, practical living.
Adding exceptional value are two independent flatlets, currently generating a combined monthly rental income of R7,500. This provides immediate cash flow and makes the property a smart, high-demand rental asset.
Key Highlights:
?? 2-bedroom main house
?? 2 separate flatlets with private entrances
?? Monthly rental income of R7,500
?? Automated gate, secure carport & fully walled
?? Pet-friendly
?? Centrally located in Parow Central, close to transport and amenities
Whether you’re an investor or a buyer seeking additional income, this property delivers comfort, security, and financial return in one solid investment.
?? Contact me Rafeeqah , or what'sep today to arrange a viewing.
YOU SNOOZE YOU LOSE!
Listed for sale at R1,400,000
Price increased by 7.1% to R1,500,000
Compared with 62 active listings in Parow.
Insight
Priced 65% below the local median — and below the typical range for Parow.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. 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.
Similar properties pricing
Market depth
62 listings
Similar homes town-wide
161 days
Median time on market
Many similar homes
Active across Parow
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 exceptional convenience, affordable housing options, and easy access to major transport routes across the Northern Suburbs of Cape Town.