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Parow North, Parow North, Parow, Western Cape
R 1 200 000
SOLELY FOR INVESTMENT – CURRENTLY TENANTED This well-maintained 2-bedroom, 1-bathroom apartment presents an excellent opportunity for investors looking for a secure, income-generating property with an existing tenant. The apartment offers a bright and spacious open-plan living and dining area, modern finishes and plenty of natural light. The kitchen features ample built-in cabinetry, generous worktop space and a dedicated space for a dishwasher. Both bedrooms are well-sized and fitted with built-in cupboards, while the bathroom offers the convenience of both a bathtub and shower. The well-managed Waikiki complex offers a secure and comfortable lifestyle, with one allocated covered parking bay, additional visitor parking, a sparkling communal swimming pool, braai facilities and an on-site laundromat. Located in Parow North, the property is conveniently positioned close to schools, shopping centres, medical facilities, public transport and major access routes, making it an attractive location for both tenants and investors. Property Features: 2 Bedrooms with built-in cupboards 1 Bathroom with bath & shower Renovated kitchen Open-plan living & dining area 1 Allocated covered parking bay Visitor parking Communal swimming pool Communal braai facilities On-site laundromat Secure complex with remote/app access Currently occupied by a tenant – ideal investment opportunity Utilities: Water and electricity for tenant's account. Pets: No pets permitted. An ideal opportunity to secure a well-positioned investment property in a popular Parow North complex, with rental income already in place.
Estimated monthly repayment
R 11 332
on a R 1 080 000 bond over 20 years at 11.25%
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Parow North, Parow North, Parow, Western Cape
Liivra AI market value
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Listed by
Ayanda Zuma
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