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Parkhill Gardens, Parkhill Gardens, Germiston, Gauteng
R 2 100 000
Are you an investor or a property developer looking for their next big buy. This one is the one for you. This large property is ideal for those looking to build more rental cottages/rooms in a nice and quiet area close to all amenities. The main house comes with 7 bedrooms with the main bedroom coming with own ensuite and a full main bathroom. The backyard has 14 rooms some with and some without own bathroom. The property currently generates +/- R30 000 from both the main house and back rooms. The property is also currently undergoing a rezoning to Residential 3 which you can takeover or cancel and with the rezoning you can build 2 double storey buildings with a maximum of 11 bedrooms and considering the area you can easily make an extra income of +/-R70 000. *Secure *Prime area *Parking space This is close to major public and private schools, major roads and freeways, shopping centres and malls, hospitals, police stations, patrol security. Feel free to call today to setup an appointment.
Estimated monthly repayment
R 19 831
on a R 1 890 000 bond over 20 years at 11.25%
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Parkhill Gardens, Parkhill Gardens, Germiston, Gauteng
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Parkhill Gardens
Based on 16 comparable listings
A market signal from comparable listings — not a formal valuation.
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