2 Bedroom Flat in Parklands
INVESTOR SPECIAL: Stable High-Yield Opportunity
SOLE MANDATE
Secure a reliable investment in the heart of Parklands. This ground-floor corner unit offers an immediate, consistent return with a long-term tenant who has called this property home for the last nine years. Perfectly positioned for privacy and convenience on Parklands Main Road, this unit is a true diamond in the rough for a seasoned investor.
The Investment Opportunity
Established Stability: Take over a reliable tenancy with a 9-year track record.
As-Is Sale: The property is being sold as a fixer-upper.
No Immediate Renovation Required: The current tenant is comfortable and settled, allowing a new owner the flexibility to renovate in the future to significantly increase capital value.
Priced to Sell: Reflects excellent value-add potential and the current cosmetic state of the interior.
Property Highlights
Ultimate Privacy: A corner unit layout ensures neighbors on one side only and zero foot traffic passing your windows.
Massive Private Terrace: Features a large, high-walled courtyard accessible via sliding doorsa blank canvas for future value-add like artificial lawn or an entertainment zone.
Open-Plan Flow: The kitchen and lounge flow seamlessly toward the outdoor terrace, creating a great sense of space. The kitchen includes a freestanding electric stove and oven.
Functional Footprint: Two bedrooms with built-in cupboards.
Secure & Convenient: Includes a sliding security gate, high complex perimeter walls, controlled access, and secure parking behind gates.
Ground Floor Advantage: No stairs, offering easy access and long-term tenant appeal.
Additional Features
Strategic Location: Easy access to local amenities and public transport MyCity Bus along Parklands Main Road.
Secure parking is included behind the complex''s high-security gates.
Property details
- Listing number T5460926
- Property type Flat
- Listing date 17 Apr 2026
- Floor size 47 m²
- Rates and taxes R 170
- Levies R 1 050
Property features
- Bedrooms 2
- Bathrooms 1
- Lounges 1
- Access gate
- Patio
- Security post