Located in the heart of Parow, this unique property offers a fantastic opportunity for both investors and extended families. With two income-generating flatlets and ample living space, this home can serve as a profitable rental property or be converted into a spacious residence for a large family.
The main home features:
Tiled entrance leading to a generously sized main bedroom with wooden floors. Second bedroom with cement floors and en-suite bathroom. (shower, toilet & basin)
Third bedroom with wooden floors.
Fourth bedroom with cement floors and en-suite bathroom. (shower, toilet & basin)
Fully tiled kitchen
Family bathroom with shower, toilet and basin.
Flatlet 1:
Tiled bedroom with kitchenette and en-suite bathroom.
Flatlet 2:
Spacious tiled bedroom with kitchenette and en-suite bathroom. Both flatlets are generating rental income.
Additional Features:
Large backyard — ideal for outdoor entertaining, future expansion, or additional parking.
Two prepaid water meters (one for main home and one for flatlets).
Prepaid electricity for each room and both flatlets — easy to manage utility costs.
Wellpoint water supply plumbed into toilets — helps reduce water bills.
Investment Potential:
Combined monthly rental income of R21,700 — immediate cash flow for investors.
Family Living Potential:
Flexible layout makes this an ideal home for extended families or guests, offering privacy and comfort with plenty of space.
Don’t miss this rare opportunity to secure a property with so much potential! Whether you’re looking to expand your investment portfolio or create a large family home, this versatile property ticks all the boxes.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
