INVESTMENT OPPORTUNITY IN GLENLILLY, PAROW

R 2,995,000

Can I afford this?
7 months ago394 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Parking:Covered
Description
Looking for an exceptional property with great rental potential? Look no further!

Introducing our latest listing in the heart of Parow:
A spacious double-storey property divided into two generous flats - one that's two-bedrooms and one that's three-bedroom, each boasting a lounge area, a full kitchen and bathroom. In addition, there's a separate 1-bedroom flat let with its own lounge, kitchen, bathroom, and convenient under cover parking bay.

Key Features:
- Ideal Investment: Enjoy a steady stream of rental income and good tenants from this well-maintained property, making it an excellent investment opportunity.
- Prime Location: Situated centrally in Parow, it offers easy access to the main roads, public transport, and all essential amenities.
- Private Entrances: Each flat has its own separate entrance and stoep, providing residents with their own space and privacy.
- Secure and Gated: The fully fenced yard and secure gates ensure safety and peace of mind for both residents and property owners.
- Ample Parking: With enough space for approximately four vehicles behind the gates, parking will never be a hassle.
- Convenience at Your Doorstep: Just a short walk away from Voortrekker Road and all the essential shops and services you require.

Erf size: 498 m
Rates per month: R800

Don't miss out on this incredible opportunity to invest in a versatile property with multiple income streams. Contact us today to schedule a viewing and explore the potential this property has to offer.

Property Reference #: RL3860

Agent Details:
Charl Schoeman
Buyers Choice CC T/A NS Property Services
57 Darwin Road
Kraaifontein
7570

Id Subtitle 1235104893
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Estimated monthly repaymentR 32,458
Total property loan amountR 2,995,000
Total interestR 4,794,687
Total repaymentR 7,789,687
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Buyers Choice CC T/A NS Property Services
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