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R3,550,000 | 11 Bedroom Freehold For Sale in Parkhill Gardens

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R3,550,000

Monthly Bond Repayment R35,442.48
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R4,800

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.

Features

11
6
6
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
6
Kitchen
6
Reception Rooms
10
Furnished
No
Exterior
Garages
6
Security
No
Parkings
6
Pool
No
Sizes
Land Size
2,335m²
STREET MAP
STREET VIEW
-26.2392398, 28.1830184
Antoinette Mitchell
Antoinette Mitchell
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