4 Bedroom House in Parow North

SOLE MANDATE: This excellent investment opportunity is situated in the sought-after suburb of Parow North, offering approved consent use for a creche with a maximum capacity of 29 children.

The current owners operate an established creche business from the property, charging approximately R3,000 per child per month, providing a solid and proven monthly income stream for an investor or owner-operator.

Additional Income Stream:

The property includes a separate bachelor apartment currently generating R7,500 per month, adding further value and income potential.

A major benefit of this property is that a buyer can subsidise their bond repayments using the existing income, while having the option to work from home through the creche operation or an alternative business setup.

Main house features:

4 bedrooms or 3 beds and study

1.5 bathroom toilet, bath, basin plus separate shower

Lounge

TV room

Kitchen Dining area

Double garage

Double carport

Creche:

Inside play area

Separate entrance from side street.

Outside play area

Jungle gyms

Additional features:

Bachelor apartment plus ensuiteR7,500 pm rental income

Swimming pool requires TLC

Parking and storage

This property is ideal for:

Investors seeking a reliable income-generating asset

Owner-occupiers wanting to live on-site while earning an income

Entrepreneurs looking to work from home

Buyers wanting a property with consent use already in place

Located in a family-oriented area with strong demand for childcare facilities, this property offers a rare opportunity to combine residential living with ongoing income.

Contact me to arrange a private viewing and to discuss the income potential in more detail.