R 1 950 000
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3 Bedroom House in Parkhill Gardens

3 2 3 1 764 m²

Discover the Perfect Family Sanctuary in Parkhill Gardens

Prime Investment Opportunity in Parkhill Gardens Multi-Income Property with Development Potential

Seize this rare opportunity in the sought-after suburb of Parkhill Gardens. Whether you''re an investor, developer, or smart homeowner, this versatile property offers multiple income streams, expansion options, and exceptional return potential.

Main Residence Spacious & Rental-Ready

Set on a larger-than-average erf, the main home features:

3 generously sized bedrooms

2 bathrooms

Formal lounge separate family TV room

Covered patio for outdoor relaxation

Modern kitchen

Perfect for owner-occupancy or immediate rental income.

Flatlet 1 Income Generator with Private Access

This fully self-contained unit offers:

Private entrance

2 bedrooms

Full bathroom

Open-plan kitchen, lounge & dining area

Ideal for long-term rentals, Airbnb, or extended family accommodation.

Flatlet 2 En-Suite Studio or Office Space

Located at the rear, this standalone unit includes:

Toilet, shower, and basin

Flexible use as a bachelor flat, home office, or gym

A great third income stream or live-work solution.

Extras & Lifestyle Features

Triple garage covered carport for ample secure parking

Sparkling swimming pool

Well-kept outdoor space to attract quality tenants

Development Potential Land to Grow

Expansive vacant land on the property

Possibility to build additional cottages or subdivide subject to council approval

Zoned Residential offering long-term growth and increased income potential

Approved Plans

Investment Highlights

3 separate living units multiple income opportunities

Live in one, rent out the others

Desirable area with strong tenant demand

Space to develop and add value over time

Don''t miss this high-potential, income-generating gem in Parkhill Gardens. Contact us today for a private viewing.

Property details

  • Listing number T4919733
  • Property type House
  • Listing date 15 Jan 2025
  • Land size 1 764 m²
  • Rates and taxes R 1 780

Property features

  • Bedrooms 3
  • Bathrooms 2
  • Lounges 2
  • Dining areas 1
  • Garage parking 3
  • Flatlets
  • Pet friendly
  • Laundry
  • Patio
  • Pool
  • Security post

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