Property description
Prime Investment Opportunity in Parkhill Gardens – Multi-Income Property with Development Potential
Seize this rare opportunity in the sought-after suburb of Parkhill Gardens. Whether you're an investor, developer, or smart homeowner, this versatile property offers multiple income streams, expansion options, and exceptional return potential.
Main Residence – Spacious & Rental-Ready
Set on a larger-than-average erf, the main home features:
3 generously sized bedrooms
2 bathrooms
Formal lounge + separate family TV room
Covered patio for outdoor relaxation
Modern kitchen
Perfect for owner-occupancy or immediate rental income.
Flatlet 1 – Income Generator with Private Access
This fully self-contained unit offers:
Private entrance
2 bedrooms
Full bathroom
Open-plan kitchen, lounge & dining area
Ideal for long-term rentals, Airbnb, or extended family accommodation.
Flatlet 2 – En-Suite Studio or Office Space
Located at the rear, this standalone unit includes:
Toilet, shower, and basin
Flexible use as a bachelor flat, home office, or gym
A great third income stream or live-work solution.
Extras & Lifestyle Features
Triple garage + covered carport for ample secure parking
Sparkling swimming pool
Well-kept outdoor space to attract quality tenants
Development Potential – Land to Grow
Expansive vacant land on the property
Possibility to build additional cottages or subdivide (subject to council approval)
Zoned Residential – offering long-term growth and increased income potential
Approved Plans
Investment Highlights
3 separate living units = multiple income opportunities
Live in one, rent out the others
Desirable area with strong tenant demand
Space to develop and add value over time
Don't miss this high-potential, income-generating gem in Parkhill Gardens. Contact us today for a private viewing.
- Pool
- Flatlet
- Patio
- Security Features
- Pets Allowed
- Laundry
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
