SOLE MANDATE: This excellent investment opportunity is situated in the sought-after suburb of Parow North, offering approved consent use for a creche with a maximum capacity of 29 children.

The current owners operate an established creche business from the property, charging approximately R3,000 per child per month, providing a solid and proven monthly income stream for an investor or owner-operator.

Additional Income Stream:

The property includes a separate bachelor apartment currently generating R7,500 per month, adding further value and income potential.

A major benefit of this property is that a buyer can subsidise their bond repayments using the existing income, while having the option to work from home through the creche operation or an alternative business setup.

Main house features:

* 4 bedrooms or 3 beds and study

* 1.5 bathroom (toilet, bath, basin plus separate shower)

* Lounge

* TV room

* Kitchen / Dining area

* Double garage

* Double carport

Creche:

* Inside play area

* Separate entrance from side street.

* Outside play area

* Jungle gyms

Additional features:

* Bachelor apartment plus ensuite(R7,500 pm rental income)

* Swimming pool (requires TLC)

* Parking and storage

This property is ideal for:

* Investors seeking a reliable income-generating asset

* Owner-occupiers wanting to live on-site while earning an income

* Entrepreneurs looking to work from home

* Buyers wanting a property with consent use already in place

Located in a family-oriented area with strong demand for childcare facilities, this property offers a rare opportunity to combine residential living with ongoing income.

Contact me to arrange a private viewing and to discuss the income potential in more detail.

1 properties for sale in Parow North, Parow

R 3,750,000

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