NEW
Web Ref RL20485
R4,300,000
Monthly Bond Repayment R44,384.10
Calculated over 20 years at 11.0% with no deposit.
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Monthly Rates
R3,251.30
R3,251.30
Exceptional Investment Potential in Sought-After Parktown North!
This unique property offers a rare opportunity to acquire a meticulously converted residence, now comprising four individual, stylish cottages. Perfect for rental income, Airbnb, or a combination of both.
Property Highlights:
Diverse Rental Portfolio: Three cottages are currently tenanted, providing immediate income.
On-Site Management Potential: A fourth, self-contained studio flatlet is ideal for staff accommodation, facilitating seamless property management.
Cottage 1: A spacious 2-bedroom, 2-bathroom cottage featuring an open-plan lounge, dining area, and kitchen.
Cottage 2: A comfortable 2-bedroom, 1-bathroom cottage with an open-plan lounge, dining area, and kitchen.
Cottage 3: A trendy double-storey cottage with 1 bedroom, 1.5 bathrooms, and an open-plan lounge, dining area, and kitchen.
Cottage 4: A studio flatlet with a bedroom, kitchenette, and bathroom.
Ample Parking: Five covered parking bays, plus additional open parking spaces.
Prepaid Electricity: Streamlined utility management.
Prime Location: Minutes from Rosebank, Hyde Park, and the Gautrain, offering unparalleled convenience.
Investment Advantages:
High rental demand in a prestigious area.
Flexible usage options (long-term rentals, Airbnb).
Potential for significant return on investment.
Well-maintained and modern units.
Don't miss this exceptional opportunity to own a versatile and profitable property in Parktown North. Contact us today to schedule a private viewing and explore the full potential of this remarkable investment.
Property Highlights:
Diverse Rental Portfolio: Three cottages are currently tenanted, providing immediate income.
On-Site Management Potential: A fourth, self-contained studio flatlet is ideal for staff accommodation, facilitating seamless property management.
Cottage 1: A spacious 2-bedroom, 2-bathroom cottage featuring an open-plan lounge, dining area, and kitchen.
Cottage 2: A comfortable 2-bedroom, 1-bathroom cottage with an open-plan lounge, dining area, and kitchen.
Cottage 3: A trendy double-storey cottage with 1 bedroom, 1.5 bathrooms, and an open-plan lounge, dining area, and kitchen.
Cottage 4: A studio flatlet with a bedroom, kitchenette, and bathroom.
Ample Parking: Five covered parking bays, plus additional open parking spaces.
Prepaid Electricity: Streamlined utility management.
Prime Location: Minutes from Rosebank, Hyde Park, and the Gautrain, offering unparalleled convenience.
Investment Advantages:
High rental demand in a prestigious area.
Flexible usage options (long-term rentals, Airbnb).
Potential for significant return on investment.
Well-maintained and modern units.
Don't miss this exceptional opportunity to own a versatile and profitable property in Parktown North. Contact us today to schedule a private viewing and explore the full potential of this remarkable investment.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5.5
Kitchen
4
Furnished
No
Exterior
Security
Yes
Parkings
5
Domestic Accomm.
1
Pool
No
Sizes
Land Size
1,115m²
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