7 Bedroom Property for Sale in Parow Valley R1 400 000. 04 Aug 2025

Property features

R1 400 000
7 Bedrooms
4.0 Bathrooms
1 Living Room/s
Garage for 1 car/s
Outside Parking for 5 car/s
Rates R939 pm
Staff Quarters
No Pets
Security Estate

Property Details

Harcourts Certified & Transparent Non-Distressed Auction Platform! Live Modern Auction Bidding to start from R1 400 000 upwards! Auction date: 4 September 2025, unless sold prior! Pre-auction standard offers are welcome. To stop the auction, you can submit a loan or cash offer at any time before the auction. The Seller has chosen to use Harcourts Auctions' Non-Distressed Auction Platform for Serious Sellers. This recently renovated 7-bedroom, 4.5-bathroom property offers a proven income model with strong short- and long-term rental potential. Currently operating as a guesthouse, the property is cash flow positive, with additional space for further income expansion. Operated as a guesthouse with rooms rented at R400 per night Wendy house tenant currently pays R2,500/month (month-to-month lease) Potential to convert two additional outbuildings into rentable rooms, expanding to 9 total bedrooms Prepaid electricity meter (main house) + sub-meter (external), ideal for tenant control Single water bill from Council, simplifying utilities 7 fully usable bedrooms, 4.5 bathrooms Recently renovated, minimizing upfront capital expenditure 150L geyser installed 2 months ago Electric fencing provides security for guests and tenants Multi-tenant infrastructure is already in place Scalable income model Ideal for first-time investors, portfolio expansion, or passive income seekers Contact us today to request financial projections or to arrange a viewing. No Buyer's Premium (no Auctioneer's fee) - seller to pay the commission - Full Finance Options Available - Offers Accepted before Auction Day - All property reports, available on request - Seller to arrange compliance certificates and rates clearance certificates for the buyer - Regular open hours to view before the auction - The seller has a higher Non-Disclosed Expectation Price - Opening bid R1 400 000!