R1,480,000
R1,480,000
3 Bedroom Freehold For Sale in Ravensmead
3
Bedrooms
2
Bathrooms
4
Parkings
Ref. RLS997678
Land 324.00m²
Floor 146.00 m²
Monthly Repayment
R14,528.32
Shamim Singh
Shamim Singh Property Practitioner Seeff Goodwood PPRA Registered | FFC 202635012750000
Monthly Levy R0.01
Special Levy R0.01
Monthly Rates R475
Total R475.02

Triple-Income Investment: Main House + 2 Flatlets in Ravensmead

Web Ref. RLS997678
This high-performance erf in Ravensmead offers a unique triple-income opportunity, featuring three renovated, independent dwellings on a single property. The main residence is a spacious 3-bedroom house featuring modern large-format tiling and premium finishes, suitable for an owner-occupier or high-end rental. The second dwelling is a private 2-bedroom flatlet featuring dedicated front and back gardens, providing complete tenant privacy. The third unit is a modern 1-bedroom studio characterized by sleek designer black fixtures and contemporary cabinetry, providing an immediate turnkey solution for rental income.

Strategically located on Pinedene Street, the property is centrally positioned between the Parow and Tygerberg business hubs, ensuring high rental demand. All units have been fully upgraded with subway-tiled kitchens, black tapware, and glass-enclosed showers, requiring no immediate capital expenditure. With a projected monthly rental yield of R22,500, this property is designed for rapid equity growth and bond coverage. This asset represents a precision acquisition for serious investors seeking a high-yield, multi-dwelling portfolio in a primary growth node of the Northern Suburbs.

Features

Interior
3 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
Exterior
4 Parkings
2 Flatlets
Pet Friendly
Security
Sizes
Land Size 324 m²
Floor Size 146 m²

Ravensmead, Parow

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Finance

Monthly Repayment
R0,00
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