House For Sale in Parkmore
R2,950,000
Monthly Bond Repayment R30,449.56
Calculated over 20 years at 11% with no deposit.
Web Ref No JRL30095
Student Accommodation and Gym Studio Investment Opportunity
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.
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.
Features
Security Yes
Bathrooms 3
Recep. Rooms 2
Dom. Accom. 7
Land Size 991m²
Monthly Rates R3,100.00
Bathrooms 3
Recep. Rooms 2
Dom. Accom. 7
Land Size 991m²
Monthly Rates R3,100.00
Agent Contact Details
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