Lucrative Investment Opportunity: Income Generating House, Avondale Parow

RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Welcome to this spacious and strategically located 6-bedroom house in Avondale, Parow, where the proximity to hospitals, businesses, CPUT, and the University of Western Cape makes it an ideal location for rentals to students or working individuals, ensuring an excellent stream of income.
The main house comprises 5 bedrooms and a loft of 60 square meters, which serves as a dormitory with its own bathroom and shower. Additionally, there is a generously sized communal kitchen/dining area, laundry facilities, and a comfortable TV room. There is also a bathroom with a separate toilet to service the rooms on the lower level.
For added flexibility, there's a separate entrance garden flatlet, ideal for the owner to reside on the property while generating income from the main house. Alternatively, an investor can rent out the flatlet for even more income potential. There is an opportunity to purchase the furniture, making it even more convenient for those looking to start renting immediately.
This property is well maintained, located in a safe neighborhood with an active neighborhood watch, offering peace of mind to both occupants and investors alike. Ample parking further enhances the convenience and attractiveness of this investment opportunity.
Offered on a joint exclusive mandate.

# Parking: 5
Rates And Taxes: 967
Has Garden
Property Reference #: 2213930

Agent Details:
Vida van der Merwe
RE/MAX LIVING
Head Office:
76-82 Kloof Street, Gardens, 8001
Sea Point
7599

RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.