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R 1 095 000
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2 Bedroom Apartment in Parow Central

2 1 1 69 m²

Turnkey Investment Opportunity in Glenlily Income-Generating Apartment

This well-maintained 2-bedroom, 1-bathroom apartment in the sought-after suburb of Glenlily presents an exceptional opportunity for investors looking to secure a property with immediate returns.

Sold as an ongoing concern, the apartment comes with reliable tenants already in place, generating a steady rental income of R18 000 per month. This makes it a hassle-free, turnkey investment from day one.

The apartment offers a comfortable and practical layout, with two well-sized bedrooms, a neat bathroom, and a functional living space designed for easy everyday living. Its location in Glenlily ensures convenient access to major routes, schools, and essential amenities, enhancing its long-term rental appeal.

Whether you''re expanding your property portfolio or entering the investment market, this income-generating unit is a rare find that combines stability, convenience, and solid returns.

Faaghir Rasdien is a representative of Real Estate Power CC TA Real Realty

Property details

  • Listing number T5434476
  • Property type Apartment
  • Listing date 23 Mar 2026
  • Floor size 69 m²
  • Rates and taxes R 136
  • Levies R 1 600

Property features

  • Bedrooms 2
  • Bathrooms 1
  • Lounges 2
  • Open parking 1
  • Family TV room

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