Avondale, Parow, Western Cape ID 1153750
House
1.0
4
100m2
330m2
Discover this adaptable four-bedroom property in Avondale, Parow, currently reconfigured into five rentable rooms. With an impressive rental yield of 12.5%, this home presents an excellent opportunity for families seeking a renovation project or investors aiming to maximize returns. Key Features: Versatile Layout: Designed as a four-bedroom house, the property is currently divided into five rentable rooms. It can easily be restored to its original layout, making it ideal as a spacious family home.Strong Rental Demand: Located in a high-demand rental area, the property ensures a steady income stream. Expansion Potential: The generously sized plot offers room for additional units, enhancing the property’s income potential further. Flexible Tenancy Options: All rooms are rented on a month-to-month basis, providing flexibility for new owners to reconfigure, renovate, or implement their preferred plans without long-term lease obligations. Purchase Terms: This property is available to cash buyers only, with a large deposit securing the sale. Financing options may be arranged by the current owner if required. Whether you’re looking for a comfortable family home or a high-yield investment, this property offers exceptional value and versatility in a prime location.
eXp Realty
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