11 Bedroom House in Parkhill Gardens
THE INVESTMENT IN A NUTSHELL
The property comprises 6 income-generating units, currently occupied by long-term tenants:
1 x 3-bedroom unit
3 x 2-bedroom units
2 x 1-bedroom units
R35,800 current monthly rental income
100 occupancy
Prepaid electricity installed in all units
Borehole on site, reducing reliance on municipal water
Professional rental management through Property Plus Rentals
Established tenant base and consistent rental collection
10 YEARS OF PROVEN INCOME HISTORY
One of the property''s strongest investment advantages is its established rental history.
As the managing agents, we have 10 years of income history on file, providing a valuable track record for investors assessing the property''s performance.
Serious investors can request access to the available income history, current lease agreements and a detailed projection of potential future returns, allowing you to make an informed investment decision based on actual performance rather than speculation.
WHY THIS PROPERTY
Immediate cash-flow potential from six occupied units
Established rental demand due to the strategic location
Long-term tenant profile supporting income stability
Low-maintenance income infrastructure
Prepaid electricity assisting with utility management
Borehole providing an additional sustainability advantage
Professional rental management already in place
Potential for rental growth and future value enhancement
Potential development upside for an investor looking to add units or implement value-enhancing improvements, subject to the necessary approvals
Contact us today to receive a detailed income history, current lease agreements, and a personalized ROI forecast.
Property details
- Listing number T5036324
- Property type House
- Listing date 8 Apr 2025
- Land size 2 335 m²
- Rates and taxes R 4 800
Property features
- Bedrooms 11
- Bathrooms 6
- Lounges 6
- Dining areas 4
- Garage parking 6
- Pet friendly