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Cravenby, Cravenby, Parow, Western Cape
R 3 350 000
Exclusive Mandate - Price Negotiable Exceptional Investment Opportunity in a Prime Location Unlock the potential of this versatile 357m² property, ideally suited for student accommodation, young professionals, or postgraduate tenants. With the possibility of accommodating approximately 20 tenants, this property offers excellent income-generating potential in a sought-after area. The property currently features: 4 spacious bedrooms A generous open-plan lounge and dining area Fireplace in Lounge A separate TV/family room A large garage with space for up to 4 vehicles 2 bathrooms plus a separate guest toilet, with the option to add an additional shower A practical scullery Spacious Kitchen 1000 Litre Water Tank Satelite Dish CCTV Fully Burglar Barred An exceptionally modern and spacious kitchen featuring a central island with an induction stove, ample built-in cupboards, and designated space for multiple refrigerators. Kitchen tops are made of Ceasar Stone One of the property`s standout features is its flexibility. The existing layout provides 8 spacious living areas that can be converted into additional bedrooms, allowing an investor to maximise rental returns and tailor the property to their accommodation strategy. Located in a well-established area where several privately owned student accommodation facilities are already operating successfully, this property is perfectly positioned to meet the growing demand for quality rental accommodation. Whether you are looking to expand your investment portfolio or enter the student housing market, this property presents a rare opportunity with substantial growth potential. Contact me today to arrange a private viewing and explore the possibilities this exceptional investment has to offer.
Estimated monthly repayment
R 31 635
on a R 3 015 000 bond over 20 years at 11.25%
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Cravenby, Cravenby, Parow, Western Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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