4 Bedroom House For Sale in Parow

Property description

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.