Clarendon Mews Parow, Cape town, Western Cape

Priced from R399,900 No transfer fees.

Deposit - Only R5, 000.00

Rent Subsidy from Completion Feb 2011 to Feb 2013!

This development is situated in a popular area with great rental demand and close to all amenities.

Parow Valley really is one of the most convenient suburbs to reside in. Parow Valley has great shopping centres such as the Parow Shopping Mall, Shoprite Park, top primary and secondary schools for your convenience, places of worship, entertainment and night life for the outgoing and very popular chain stores like Woolworths, Edgars and Foschini for the shopping fanatics. All of your shopping needs can be catered for and you will spend many hours simply strolling through the massive malls which inhabit this stunning area.

A unique investment opportunity as transfer/completion will only take place in early 2011 so you will start accumulating great capital growth from now until the development is completed in 2011, you only start paying your bond payments when the development is complete and registered in your name in 2011.

1 bedroom units selling at R399,900.00 with monthly rentals of R3250 plus R1000 a month rental subsidy from the developers for 24 months. R4250 monthly rental income.

2 bedroom duplex selling for R 499, 900.00 with monthly rentals of R4100 plus R1000 a month rental subsidy from the developers for 24 months. R5100 monthly income.
Excellent location, walking distance to Parow Shopping Centre and Shoprite Park - close to railway station, public transport and schools.