7 Bedroom House For Sale in Parkhill Gardens
R2,100,000
8 Haley Avenue
Monthly Bond Repayment R22,034.38
Calculated over 20 years at 11.25% with no deposit.
Web Ref No JRL25932
Look no further than this perfect investment property!!
This investment property generates a monthly income of R29,000 and offers exceptional potential for further development - Inside, the main house is divided into seven rental rooms, including a main bedroom with an en-suite bathroom and a separate shared bathroom for the other tenants.
Outside, there are 14 additional rental rooms, contributing to the property's substantial income. The house is currently undergoing rezoning to Residential 3. Under Residential 3 , it will allow the buyer to develop up to 11 two-bedroom, two-story units. This is an excellent opportunity for investors seeking a property with strong existing returns and the potential for significant growth through development.
The property is situated close to schools, shopping centers, and public transport, ensuring high tenant demand.
Outside, there are 14 additional rental rooms, contributing to the property's substantial income. The house is currently undergoing rezoning to Residential 3. Under Residential 3 , it will allow the buyer to develop up to 11 two-bedroom, two-story units. This is an excellent opportunity for investors seeking a property with strong existing returns and the potential for significant growth through development.
The property is situated close to schools, shopping centers, and public transport, ensuring high tenant demand.
Features
Bedrooms 7
Bathrooms 2
Land Size 19m²
Pets Allowed Yes
Monthly Rates R1,800.00
Bathrooms 2
Land Size 19m²
Pets Allowed Yes
Monthly Rates R1,800.00
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