Investor Opportunity – Upgraded Bachelor Unit in High-Demand Parow Location
updated on Mar 26, 2026
R 450 000

WEB REF: 763934

Property Summary
  • Selling Price R 450 000
  • Property Type Apartment
  • Floor Size 30 m2
  • Monthly Levy R1852.00


Description

Investor Opportunity – Upgraded Bachelor Unit with Immediate Rental Income This well-maintained bachelor apartment offers a solid income-generating investment in a high-demand rental area in Parow, ideally positioned on the N1 side of Voortrekker Road. Located in a secure, access-controlled building with a 24-hour manned entrance, the property provides the safety and convenience tenants look for, supporting consistent occupancy. Investment Highlights: Current rental income: R4,595 per month Situated in a high-demand rental node with excellent transport access Upgraded unit compared to others in the building – improved tenant appeal Prepaid electricity and water – streamlined management Secure building – attractive for long-term tenants Unit Features: Kitchen with built-in cupboards Tiled bathroom with bath, basin, and toilet Open-plan bedroom/living area with laminated flooring and built-in cupboards Financial Overview: Levies: R857 per month Special Levy: R995 per month Parking available to rent (subject to availability and body corporate rules) This is an excellent option for investors seeking an affordable entry point with immediate rental income in a consistently performing area.

Additional Features
      Property Address

      Fairfield Estate, Parow, Western Cape

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