Spacious Double-Erf Home with Established Rental Income – Parow Valley
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 month
Whether you’re 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 Designed
The 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 Units
Set 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 month
• Side unit – R4,400 per month
These units contribute steady income while maintaining privacy from the main residence.
Rear Section – Additional Income Hub
The second half of the erf is well utilised and contributes significantly to the overall rental return.
Workshop Tenants
• Carpenter – R3,000 per month
• Mechanic – R5,300 per month
(Both operating on prepaid electricity)
Residential Units
• Unit 1 – R2,400 per month
• Unit 2 – R2,400 per month
• Unit 3 – R1,300 per month
• Unit 4 – R1,300 per month
The mix of residential and workshop tenants creates diversified income streams and enhances overall income stability.
Zoning & Compliance
While 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 Versatility
This is more than just a home — it’s a large-scale property offering:
A comfortable main residence
Multiple established rental units
R22,300 monthly income (excluding the main house)
Rare double-erf size
Income diversification
Long-term growth and development potential
A versatile opportunity in Parow Valley, suited to both owner-occupiers and investors seeking strong returns with future upside.
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Disclaimer
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