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 ref # 4466


R 2 200 000 (131 343 EUR*)

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± 500 m2
± 280m2
R 450  / m

Stunning 200 sqm 6 bedroom house in Fairfiekd Estate in Parow

New release in popular Fairfield Estate, Parow. This property is situated close to schools, shopping centres, easy access to the N1, churches, hospitals, etc.

The property offers a novel opportunity to the appropriate investor who wishes to aquire an investment portfolio that is self-funding (i.e. cover a 100% bond + municipal rates from rental income).

Situationally this property individually offers a spacious two bedroomed flat,
a one bedroomed flat and
three bachelor flats.

Each of these mentioned units have their own entrances, kitchens & bathrooms making them ideal for individual accommodation.

Alternatively another situational option for investment would be to utilise this property as a three bedroomed, three bathroomed home, using the one and two bedroomed flats as augmentation-income to supplement bond repayment.

Patently, the permutations available to any investor with imagination is quite flexible with regard to investment potential. #Currently the property is occupied by reliably-paying tenants, with all units occupied, making a potential sales transaction for the pure investor, seamless. The property also has a Jo-Jo water butt, pre-paid electricity meters and a pre-paid water meter.

  • Consisting of 6 bedrooms with b.i.c
  • 5 bathrooms - 4 en-suite and 1 main
  • Dining area
  • lounge
  • Large fully fitted kitchen
  • Property is fully walled
  • Wooden Floors ( Japanese bleech in passage and bedrooms )
  • Rest is tiled
  • Alimiium windows

  • Main house has 3 bedrooms and 2 separate flatlets has 1 and 2 bedrooms ...

  • Total rental income of R 22 000 ......PERFECT FOR ANY INVESTOR ....

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