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6 Bed House in Parkmore

R 8 500 000

6 Beds

6.5 Baths

1 Garages

Can I afford this?

Land Area 992 m² Rates R 4000 Levy R 1000

Investment Opportunity: Airbnb-Ready Property with Income-Generating Billboard in Exclusive Parkmore

Discover this exceptional property in the heart of the prestigious Parkmore neighborhood, offering an unparalleled opportunity for savvy investors. Situated within walking distance to Benmore Gardens and in a secure, boomed area, this versatile property boasts three fully furnished, air-conditioned cottages - two 1-bedroom apartments and one studio - each meticulously designed and Airbnb-ready.

The property''s common areas are perfect for guests seeking relaxation and leisure, featuring a state-of-the-art gym, an inviting pool house, and a sparkling swimming pool. The main house, requiring some TLC, is a spacious 3-bedroom residence with two en-suite bedrooms, a third bedroom with a separate bathroom, a cozy fireplace, and generous living, dining, and kitchen areas. An office space dedicated to Airbnb administration and staff quarters ensure smooth operation and management of the rental business.

Parking is plentiful, with one garage, two covered parking bays, and three open parking spots available for residents and guests. The property also benefits from a 10-year billboard lease facing Sandton Drive, generating approximately R15,000 per month. Remarkably, this billboard does not obstruct or intrude on the property, providing a passive income source without compromising privacy or aesthetics.

Safety and security are top priorities, with full Wi-Fi-enabled cameras, electric fencing, and an intercom remote gate system in place. This unique property offers not only an attractive rental income from the well-appointed cottages but also a steady revenue stream from the billboard lease, making it an ideal investment for those looking to capitalize on the thriving Parkmore area.

Don''t miss out on this rare opportunity to acquire a versatile, income-generating property in one of Sandton''s most sought-after neighborhoods. Schedule a viewing today and envision the limitless potential this property has to offer!