7 Bedroom House For Sale in Parow

Property description

Harcourts Certified & Transparent Non-Distressed Auction Platform! Live Modern Auction
Bidding to start from R1 400 000 upwards!
Auction date: 4 September 2025, unless sold prior!
Pre-auction standard offers are welcome. To stop the auction, you can submit a loan or cash offer at any time before the auction.
The Seller has chosen to use Harcourts Auctions' Non-Distressed Auction Platform for Serious Sellers.

This recently renovated 7-bedroom, 4.5-bathroom property offers a proven income model with strong short- and long-term rental potential. Currently operating as a guesthouse, the property is cash flow positive, with additional space for further income expansion.
Operated as a guesthouse with rooms rented at R400 per night
Wendy house tenant currently pays R2,500/month (month-to-month lease)
Potential to convert two additional outbuildings into rentable rooms, expanding to 9 total bedrooms
Prepaid electricity meter (main house) + sub-meter (external), ideal for tenant control
Single water bill from Council, simplifying utilities
7 fully usable bedrooms, 4.5 bathrooms
Recently renovated, minimizing upfront capital expenditure
150L geyser installed 2 months ago
Electric fencing provides security for guests and tenants
Multi-tenant infrastructure is already in place
Scalable income model
Ideal for first-time investors, portfolio expansion, or passive income seekers

Contact us today to request financial projections or to arrange a viewing.

No Buyer's Premium (no Auctioneer's fee) - seller to pay the commission
- Full Finance Options Available
- Offers Accepted before Auction Day
- All property reports, available on request
- Seller to arrange compliance certificates and rates clearance certificates for the buyer
- Regular open hours to view before the auction
- The seller has a higher Non-Disclosed Expectation Price
- Opening bid R1 400 000!