Property Details

The Investors Dream! Incredible Multi-let investment opportunity in Parow ideal for student accommodation generating up to R37 800 rental income per month! With 6-bedrooms and Local Business (LB2) Property Zoning Permissions, this investment offers the opportunity for a variety of business income streams. The main dwelling comprises 5 bedrooms (including a unit with its own separate entrance) and an additional unit at the back of the property. Further Expansion: There is a unique opportunity to convert two large living rooms into bedrooms (one having its own separate entrance.) Water lines are in a reasonable distance and can be fitted for this purpose.  There is ample opportunity to expand and add 2 - 3 more units at the back of the property. This estimates a further revenue generation of R15 000 per month. This property can be sold with all kitchen appliance included to the value of around R 155 000 (for the appliances only) 6 Bedrooms 4 Bathrooms 3 Lounges 3 Kitchens Laundry 10 Carports Zoning Rights Offer Opportunity For: Student Accommodation Air BnB Guest House Short Term Rentals Family Home