4 Bedroom House for sale in Parow North

SOLE MANDATE: This excellent investment opportunity is situated in the sought-after suburb of Parow North, offering approved consent use for a creche with a maximum capacity of 29 children. The current owners operate an established creche business from the property, charging approximately R3,000 per child per month, providing a solid and proven monthly income stream for an investor or owner-operator. Additional Income Stream: The property includes a separate bachelor apartment currently generating R7,500 per month, adding further value and income potential. A major benefit of this property is that a buyer can subsidise their bond repayments using the existing income, while having the option to work from home through the creche operation or an alternative business setup. Main house features: * 4 bedrooms or 3 beds and study * 1.5 bathroom (toilet, bath, basin plus separate shower) * Lounge * TV room * Kitchen / Dining area * Double garage * Double carport Creche: * Inside play area * Separate entrance from side street. * Outside play area * Jungle gyms Additional features: * Bachelor apartment plus ensuite(R7,500 pm rental income) * Swimming pool (requires TLC) * Parking and storage This property is ideal for: * Investors seeking a reliable income-generating asset * Owner-occupiers wanting to live on-site while earning an income * Entrepreneurs looking to work from home * Buyers wanting a property with consent use already in place Located in a family-oriented area with strong demand for childcare facilities, this property offers a rare opportunity to combine residential living with ongoing income. Contact me to arrange a private viewing and to discuss the income potential in more detail.