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R1,080,000
$59,048
£45,613
€54,244

2 bedroom apartment for sale in Parklands

2 Beds
1.5 Baths
Parklands Gem

Discover an incredible investment or residential opportunity in Parklands, Western Cape, with apartments priced between R1,080,000 and R1,395,000. Located at 2 Hallwell End, this exceptional complex offers unmatched convenience, close to major amenities, medical facilities, and bus routes. It’s the perfect choice for both investors and first-time buyers.

The development features several units available on the ground and second floors, catering to a variety of needs. You can choose between 2-bedroom or 3-bedroom apartments, each with 1.5 bathrooms. Some units also include garages, providing added convenience. The location is ideal, with fitness centers, shops, and hospitals just a stone's throw away, ensuring a lifestyle of comfort and accessibility.

This property is a great option for first-time buyers looking to own a home in a highly sought-after area or for investors aiming to secure long-term rental income. The apartments are offered unfurnished, giving you the opportunity to create a personalized living space. Tenant occupancy in some units guarantees immediate returns on investment.

Fully furnished 2-bedroom apartments in Colchester Park have the potential to achieve rental returns of up to R14,500 per month, while standard 2-bedroom units typically bring in around R8,000 per month. Although specific rental data for 3-bedroom units in Colchester Park is limited, comparable properties in nearby Parklands East generate approximately R13,500 per month.

Colchester Park stands out as a prime investment opportunity with its diverse rental income potential. Whether you’re targeting high-yield, fully furnished units or more affordable rental options, the area delivers consistent returns in a desirable location.

This property offers the perfect balance of a modern urban retreat and a lucrative investment. Don’t miss this exceptional opportunity—contact us today to arrange a viewing and unlock the potential of these outstanding apartments!

Property Type
Apartment
Bedrooms
2
Bathrooms
1.5
Living Area
1
Reference
7002001-75602
Estimated monthly costs
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R11,147
Home loan repayment
R11,147
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R0
Property history
Listed for sale at R1,080,000
24 Mar 2025
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