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Ravensmead, Ravensmead, Parow, Western Cape
R 1 480 000
This high-performance erf in Ravensmead offers a unique triple-income opportunity, featuring three renovated, independent dwellings on a single property. The main residence is a spacious 3-bedroom house featuring modern large-format tiling and premium finishes, suitable for an owner-occupier or high-end rental. The second dwelling is a private 2-bedroom flatlet featuring dedicated front and back gardens, providing complete tenant privacy. The third unit is a modern 1-bedroom studio characterized by sleek designer black fixtures and contemporary cabinetry, providing an immediate turnkey solution for rental income. Strategically located on Pinedene Street, the property is centrally positioned between the Parow and Tygerberg business hubs, ensuring high rental demand. All units have been fully upgraded with subway-tiled kitchens, black tapware, and glass-enclosed showers, requiring no immediate capital expenditure. With a projected monthly rental yield of R22,500, this property is designed for rapid equity growth and bond coverage. This asset represents a precision acquisition for serious investors seeking a high-yield, multi-dwelling portfolio in a primary growth node of the Northern Suburbs.
Estimated monthly repayment
R 13 976
on a R 1 332 000 bond over 20 years at 11.25%
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Ravensmead, Ravensmead, Parow, Western Cape
Area view — the exact address is shared on enquiry.
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