R 2 200 000 | 21 bed property for sale in parkhill gardens

Property Description

If you are looking for investment property, look no further. With a passive income this property is worth it. The property comes with: Main house - 7 Bedrooms, main bedroom is en suite and one full bathrooms, fourteen(14) - income generating rooms NB THE PROPERTY IS being REZONED TO RES 3 ?Current rezoning proposal: up to two storeys building with at most 11 two bedroom apartments allowable. This can generate approximately 70k per month in that area with decent apartments. currently the property is making \-R30000 The property is fully tenanted at the moment. With enough parking space. Looking for something for extra income this is an obvious tick on the bucket list. NB THE PRICE IS NEGOTIABLE


Property Details

Purchase Price R 2 200 000

Type of PropertyHouse

Last Updated29 Jul 2025

Rooms

Bedrooms21

Bathrooms4.5

Property Location

Similar Property in nearby suburbs

Agent

khodani kwinda

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