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Parow, Parow, Parow, Western Cape
R 1 095 000
Turnkey Investment Opportunity in Glenlily Income-Generating ApartmentThis well-maintained 2-bedroom, 1-bathroom apartment in the sought-after suburb of Glenlily presents an exceptional opportunity for investors looking to secure a property with immediate returns.Sold as an ongoing concern, the apartment comes with reliable tenants already in place, generating a steady rental income of R18 000 per month. This makes it a hassle-free, turnkey investment from day one.The apartment offers a comfortable and practical layout, with two well-sized bedrooms, a neat bathroom, and a functional living space designed for easy everyday living. Its location in Glenlily ensures convenient access to major routes, schools, and essential amenities, enhancing its long-term rental appeal.Whether you''re expanding your property portfolio or entering the investment market, this income-generating unit is a rare find that combines stability, convenience, and solid returns.Faaghir Rasdien is a representative of Real Estate Power CC TA Real Realty Show more Show less
Estimated monthly repayment
R 10 340
on a R 985 500 bond over 20 years at 11.25%
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Parow, Parow, Parow, Western Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Dylan Ramaphosa
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