2 Bedroom Apartment For Sale in Parow

Property description

This 43 m sq apartment with a single garage is now available in the popular Ray Court complex,close to transport ,amenities and shops.

This unit is currently being let out as student accommodation and has been renovated to suit investors looking at multiple accommodation.

Currently the unit is occupied by 4 students (NSFAS accredited) each paying R3500 per month and the garage is being let out for R700 per month thus the total rental on this property is R14 700pm!!

This property is profitable from day one and certainly worth a look for smart investors looking at fantastic returns.