House in Parkmore

Discover a property designed to maximize rental income and cater to dual-purpose functionality. This building offers excellent versatility, making it ideal for fitness entrepreneurs and student accommodation investors.

Features of the Property:

Front Section

Welcoming reception area and office

2 gym studios for fitness and wellness businesses

Functional kitchen, bathroom, and water closet for studio convenience

Parking space for up to 8 vehicles

Rates: R3,100

Rear Section Student Accommodation

7 spacious rooms, perfectly suited for long-term student rentals with an average lease of 3 years

Shared amenities, including kitchen, living, and dining areas

3 bathrooms, 3 water closets, and 2 separate access gates to distinguish gym studio users from student tenants

Alternative Investment Option:

Convert the two gym studios into four extra student rooms, boosting rental income

This property is not just an investment, it''s a strategic asset for investors looking to grow and diversify their portfolios.