R 3 550 000
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11 Bedroom House in Parkhill Gardens

11 6 6 2 335 m²

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

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