PRICE REDUCED
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore
House For Sale in Parkmore

House For Sale in Parkmore

R2,750,000

Monthly Bond Repayment R27,455.44
Calculated over 20 years at 10.5% with no deposit.

Web Ref JRL30095
Monthly Rates R3,100

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

Pets Allowed No
Interior
Bathrooms 3
Kitchen 1
Reception Rooms 2
Furnished No
Exterior
Security Yes
Domestic Accomm. 7
Pool No
Scenery/Views Yes
Sizes
Land Size 991m²
-26.096176, 28.036728999999998
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