R 2 500 000

10 Bedroom House in Parlock

10 6 636 m²

Income-Generating 5-Unit Property With Monthly Returns of R26 000 R41 000

Jazmax Estate Agents is proud to present this outstanding investment property located in the popular suburb of Hippo Road. This freestanding, three-level building features five rental units, four of which are fully tenanted and generating stable income. The fifth unit is partially completed and requires fixtures and fittingsoffering excellent potential to increase your rental returns once finished.

Additionally, the property includes a leased advertising billboard with prime visibility overlooking the busy N2 freeway, providing a valuable supplementary income stream.

Ideally positioned with easy access to major transport routes, this high-exposure property offers strong investment potential and long-term growth.

A key highlight of this property is its strong income-generating potential the combined rental income from the tenanted units, together with the leased advertising billboard, is sufficient to cover the average monthly home loan repayment, making this an exceptional pay-for-itself investment opportunity.

Investors can expect returns of between R26 000 and R41 000 per month.

Unit 1 Top Floor:

Open plan lounge & dining room, kitchen, 3 Bedrooms, main ensuite, general bathroom, balcony

Unit 2 Middle Floor:

Lounge, kitchen, 2 Bedrooms, general bathroom.

Unit 3 Middle Floor:

Lounge, kitchen, 2 Bedrooms, general bathroom.

Unit 4 Ground Floor:

Lounge, open plan dining room and kitchen, 1 Bedroom, general bathroom.

Unit 5 Ground Floor Incomplete:

Requires fixtures and fittings. Great potential to complete as a rental unit.

Open plan lounge and kitchen, 1 Bedroom, general bathroom.