About this property

Exclusive Mandate! New to Market! Spacious family home, or for the keen Investor, as this property has multiple flatlets plus a massive workshop that could be converted to additional flatlets. This amazing property has great income generating potential This well-positioned Parow Valley property offers excellent space, flexibility and income potential on a large erf of approximately 850m² The main house features 3 spacious bedrooms, large kitchen with dining area, spacious lounge , a family bathroom with bath and basin, and a separate toilet Ideal for comfortable family living, while still offering plenty of opportunity to add your own touch A major attraction is the additional accommodation, consisting of 3 studio flatlets, each with open plan kitchenettes, bedrooms and ensuite bathrooms. These can be used for extended family, guests, or as an excellent source of additional rental income One of the standout features of this property is a arge building previously used as a workshop with 3 phase electricity. This generous space opens up many possibilities. It could be used as a workshop, storage area, garage, hobby space, home business premises, or potentially converted into further rental accommodation, subject to the necessary approvals. For developers, investors or creative buyers, this space offers exciting potential to unlock additional value and create another income stream The spacious grounds at the back further add to the appeal, offering room for parking for 10 + vehicles, outdoor living, future improvements or possible development options. With its large erf, multiple flatlets and versatile workshop space, this property is ideal for large families, investors, developers, or buyers looking for a property with several possible uses Conveniently located close to major routes, public transport, amenities and situated in a family friendly neighbourhood, this is a property with space, flexibility and long-term potential Key Features Large erf of approximately 850m² Main house with 3 bedrooms, spacious lounge, large kitchen with dining area, bathroom and separate toilet 3 studio flatlets with open plan kitchenettes, bedrooms, and en-suite bathrooms Large workshop/building Parking for multiple vehicles Prepaid electricity in the main house and Flatlets and 3 phase electricity in the workshop Close to public transport and all amenities This lovely property is not to be missed Contact us today for an exclusive viewing Pre-approved clients with a valid certificate will be considered when scheduling to view. Should you require assistance in gaining pre-approval, please feel free to contact us & we will assist you at no charge Disclaimer - While every care has been taken in the marketing material used for this property listing, we cannot be held responsible for any errors and omissions (E&OE) which may occur Registered with the PPRA