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R1,150,000
$62,021
£49,838
€59,511

4 bedroom house for sale in Avondale

4 Beds
1 Bath
351m²
Reduced
Four-bedroom Semi-detached House In Avondale, Parow – Perfect Family Home Or Prime Investment Opportunity

This property offers incredible versatility, functioning either as a family home or a high-yield investment. Currently converted into five rentable rooms, the home boasts an impressive 12.5% rental yield, with significant potential for even greater returns.

Highlights:

Easily Reconfigurable: While currently set up as five rentable rooms, the house can be effortlessly restored to its original four-bedroom layout, ideal for family living.

Exceptional Rental Potential: Situated in a high-demand area for room rentals, this property guarantees a steady stream of tenants.

Opportunity for Expansion: The spacious grounds provide ample space for additional rooms, offering an excellent opportunity to further boost income.

Flexible Tenant Arrangements: Rooms are rented on a month-to-month basis, with no fixed leases, allowing the new owner complete freedom to renovate or reconfigure as needed.

Buyer-Friendly Terms: The owner is open to accommodating buyers with financing. With a large deposit, the buyer can move into part of the property and continue earning an income from the rented rooms, should they choose not to use them all for personal purposes.

Whether you're looking to create your dream family home or expand your property portfolio, this house is a rare find in a prime location.

Property Type
House
Bedrooms
4
Bathrooms
1
Stand Size
351m²
Living Area
1
Open Parking
2
Uncovered Parking
Yes
Garden
Yes
Reference
2351138
Estimated monthly costs
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R12,066
Home loan repayment
R12,066
Utilities
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R0
Property history
Listed for sale at R1,350,000
24 Jan 2025
Price reduced by 14.8% to R1,150,000
29 Jan 2025
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