2 Bedroom House in Parow Valley

Spacious Double-Erf Home with Established Rental Income Parow Valley EXCLUSIVE SOLE MANDATE -Situated in Parow Valley, this rare double-erf property offers the ideal combination of comfortable family living and strong, established rental income.Rental units excluding main house: R22,300 per monthWhether youre a family looking to offset your bond or an investor seeking immediate cash flow, this property presents a well-balanced opportunity.Main Residence Comfortable & Well DesignedThe main home offers a practical, flowing layout suited to both everyday living and entertaining.Two generously sized bedrooms:A spacious main bedroom complete with a walk-in closet and private en-suite bathroom featuring both a bath and shower.A second bedroom that is impressively large and comfortably accommodates full bedroom furnishings.A second bathroom with shower, conveniently positioned for guests and family.A welcoming open-plan lounge that flows seamlessly into the kitchen.A natural dining area positioned between the lounge and kitchen.A modern kitchen finished in clean white tones, fitted with a central island and a separate scullery to keep the main space neat and organised.The overall feel is open, bright, and functional.Outdoor Space & Front Rental UnitsSet on a double-sized erf, the property enjoys a spacious backyard with ample room for outdoor living, future improvements, or further development potential. A covered outdoor area provides a comfortable space to relax or entertain.Positioned separately from the main home are two income-generating units:Nutec unit R2,200 per monthSide unit R4,400 per monthThese units contribute steady income while maintaining privacy from the main residence.Rear Section Additional Income HubThe second half of the erf is well utilised and contributes significantly to the overall rental return.Workshop TenantsCarpenter R3,000 per monthMechanic R5,300 per monthBoth operating on prepaid electricityResidential UnitsUnit 1 R2,400 per monthUnit 2 R2,400 per monthUnit 3 R1,300 per monthUnit 4 R1,300 per monthThe mix of residential and workshop tenants creates diversified income streams and enhances overall income stability.Zoning & ComplianceWhile business activities are currently conducted on the property, the zoning remains Single Residential. Prospective buyers are advised to conduct their own due diligence regarding business rights, consent use, and compliance requirements.A Property with Real VersatilityThis is more than just a home its a large-scale property offering:A comfortable main residenceMultiple established rental unitsR22,300 monthly income excluding the main houseRare double-erf sizeIncome diversificationLong-term growth and development potentialA versatile opportunity in Parow Valley, suited to both owner-occupiers and investors seeking strong returns with future upside. Show more Show less

Parow Valley, Parow Valley, Parow, Western Cape

Area view — the exact address is shared on enquiry.

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