R 1 590 000 | 2 bed property for sale in oakglen

Spanish Oaks – Secure 2-Bedroom Townhouse in Oak Glen Erf Size: 207m² | Layout: 2 Bedrooms, 1 Bathroom Nestled in the secure and sought-after neighborhood of Oak Glen, this charming 2-bedroom townhouse offers both a fantastic investment opportunity and an ideal starter home for families. Property Features: Spacious Living: Enjoy an open-plan lounge perfect for relaxation, paired with a conveniently located kitchen designed for seamless movement throughout the home. Pet-Friendly Garden: The enclosed garden accommodates medium-sized pets and offers potential for personal touches or decorative landscaping. Functional Amenities: The bathroom features a bath/shower combo, basin, and toilet, while both bedrooms come with built-in cupboards. Convenient Extras: Includes an enclosed undercover parking space and a backyard area ideal for laundry or additional storage needs. Location Benefits: Positioned in the heart of Oak Glen, this townhouse offers: Close proximity to Old Paarl Road for easy commutes. Access to nearby restaurants and schools, enhancing tenant appeal. A secure and tranquil environment within a developed and stable neighborhood. Why Invest in Spanish Oaks? Immediate Income: The property comes with an established tenant generating a reliable rental income of R9,500/month. High ROI Potential: With minimal upkeep required and consistent demand in the Cape Town market, this property is a profitable addition to your portfolio. Capital Growth: Located in a grown area, you can anticipate steady appreciation in property value over time. Whether you're an investor seeking long-term gains or a homeowner starting your journey, this property checks all the boxes. Don’t miss out on this opportunity! Contact us today to schedule a viewing or for more details. Rent PM: R9,500 ROI: 6.65% RVR: 0.59%