Investor’s Dream! Lucrative Multi-Tenanted Property with High Yield Potential!
Harcourts Certified & Transparent Non-Distressed Auction Platform! Bidding to start from R1 400 000! Live Modern Auction! Auction date: 6 March 2025 unless sold prior! All offers are encouraged. To stop the auction, you can submit a loan or cash offer at any time before the auction. The Seller has chosen to use Harcourts Auctions' Non-Distressed Auction Platform for Serious Sellers.
This exceptional investment opportunity features 8 spacious bedrooms, 3 well-maintained bathrooms, and a shared kitchen with internationally imported finishings, making it an ideal rental property for steady cash flow. - Fully Tenanted: Generate passive income from day one with existing tenants already in place. - Spacious Layout: Well-designed rooms with a mix of private and communal spaces for tenant comfort. - Modern Features: Recently updated interiors with stylish finishes, ensuring tenant satisfaction and retention. - Secure & Well-Maintained: Fitted with burglar bars and secure access to ensure safety. - Prime Location: Situated close to Tygerberg Hospital, Tygerberg Campus and Settlers High school. With multiple income streams, low vacancy rates, and strong rental demand, this property is an absolute goldmine for investors looking to expand their portfolio.
Don’t miss out—contact us today!
- No Buyers Premium (no Auctioneers fee) - seller to pay the commission - Full Finance Options Available - Offers Accepted before Auction Day - All property reports, available on request - Seller to arrange compliance certificates and rates clearance certificates for buyer - Regular open hours to view before the auction - The seller has a Non-Disclosed Reserve Price - Opening bid R1 400 000!
Introduction
Parow is a vigorous and varied community situated in the Northern Suburbs of Cape Town, that has a rich history and advantageous location. Parow is ideal for families, professionals and retirees as it combines suburban peace with urban amenities. Whether you are contemplating moving or just looking around, Parow offers an extraordinary living environment.
A Brief History of the...
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Market value
AUCTION
Offers from
R1,400,000
Offers for this listing must be made in R100,000 increments. More Info
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
