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.