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
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