Glenlilly · House For Sale
6 Bedroom House For Sale in Glenlilly
- R 2,695,000
- 6 bd
- 4 ba
- 696 m²
LB2 Zoned Parow Multi-Let ideal for student accommodation
The Investors Dream! Incredible Multi-let investment opportunity in Parow ideal for student accommodation generating up to R37 800 rental income per month!
With 6-bedrooms and Local Business (LB2) Property Zoning Permissions, this investment offers the opportunity for a variety of business income streams.
The main dwelling comprises 5 bedrooms (including a unit with its own separate entrance) and an additional unit at the back of the property.
Further Expansion:
There is a unique opportunity to convert two large living rooms into bedrooms (one having its own separateentrance.)Water lines are in a reasonable distance and can be fitted for this purpose.
There is ample opportunity to expand and add 2 - 3 more units at the back of the property. This estimates a further revenuegeneration of R15 000 per month.
This property can be sold with all kitchen appliance included to the value of around R 155 000 (for the appliances only)
6 Bedrooms
4 Bathrooms
3 Lounges
3 Kitchens
Laundry
10 Carports
Zoning Rights Offer Opportunity For:
Student Accommodation
Air BnB
Guest House
Short Term Rentals
Family Home
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Glenlilly, Parow
- Price
- R 2,695,000 · Get Pre-Qualified
- Price per m²
- R 3,872
- Floor Size
- 225 m²
- Erf Size
- 696 m²
- Bedrooms
- 6
- Bathrooms
- 4
Map & Nearby
Price Trends · Glenlilly, Parow beta
Select filters to see average property values
The current average sales price for a 4 bedroom property in Glenlilly on ImmoAfrica.net is R 2,084,100
The current average sales price for a 3 bedroom property in Glenlilly on ImmoAfrica.net is R 1,673,625
The current average sales price for a 5 bedroom property in Glenlilly on ImmoAfrica.net is R 2,316,167
The current average sales price for a 1 bedroom property in Glenlilly on ImmoAfrica.net is R 715,000
The current average rental price for a 1 bedroom property in Glenlilly on ImmoAfrica.net is R 6,675
The current average sales price for a 2 bedroom property in Glenlilly on ImmoAfrica.net is R 956,667
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Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | R 715,000 | R 6,675 |
2 Bed | R 956,667 | |
3 Bed | R 1,673,625 | |
4 Bed | R 2,084,100 | |
5 Bed | R 2,316,167 |
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | R 15,316 | |
2 Bed | R 7,835 | |
3 Bed | R 4,443 | |
4 Bed | R 4,614 | |
5 Bed | R 4,418 |