Investment Opportunity: Airbnb-Ready Property with Income-Generating Billboard in Exclusive Parkmore
Discover this exceptional property in the heart of the prestigious Parkmore neighborhood, offering an unparalleled opportunity for savvy investors. Situated within walking distance to Benmore Gardens and in a secure, boomed area, this versatile property boasts three fully furnished, air-conditioned cottages - two 1-bedroom apartments and one studio - each meticulously designed and Airbnb-ready.
The property's common areas are perfect for guests seeking relaxation and leisure, featuring a state-of-the-art gym, an inviting pool house, and a sparkling swimming pool. The main house, requiring some TLC, is a spacious 3-bedroom residence with two en-suite bedrooms, a third bedroom with a separate bathroom, a cozy fireplace, and generous living, dining, and kitchen areas. An office space dedicated to Airbnb administration and staff quarters ensure smooth operation and management of the rental business.
Parking is plentiful, with one garage, two covered parking bays, and three open parking spots available for residents and guests. The property also benefits from a 10-year billboard lease facing Sandton Drive, generating approximately R15,000 per month. Remarkably, this billboard does not obstruct or intrude on the property, providing a passive income source without compromising privacy or aesthetics.
Safety and security are top priorities, with full Wi-Fi-enabled cameras, electric fencing, and an intercom remote gate system in place. This unique property offers not only an attractive rental income from the well-appointed cottages but also a steady revenue stream from the billboard lease, making it an ideal investment for those looking to capitalize on the thriving Parkmore area.
Don't miss out on this rare opportunity to acquire a versatile, income-generating property in one of Sandton's most sought-after neighborhoods. Schedule a viewing today and envision the limitless potential this property has to offer!
R2,993,826immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 3 bedroom property in Parkmore on ImmoAfrica.net is R 2,993,826
R5,065immo · index
The current average sales price per square meter for a 3 bedroom property in Parkmore on ImmoAfrica.net is R 5,065
R21,414immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 3 bedroom property in Parkmore on ImmoAfrica.net is R 21,414
R87immo · index
The current average rental price per square meter for a 3 bedroom property in Parkmore on ImmoAfrica.net is R 87
R3,875,173immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 4 bedroom property in Parkmore on ImmoAfrica.net is R 3,875,173
R3,583immo · index
The current average sales price per square meter for a 4 bedroom property in Parkmore on ImmoAfrica.net is R 3,583
R17,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 4 bedroom property in Parkmore on ImmoAfrica.net is R 17,000
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
R1,370,531immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 2 bedroom property in Parkmore on ImmoAfrica.net is R 1,370,531
R13,002immo · index
The current average sales price per square meter for a 2 bedroom property in Parkmore on ImmoAfrica.net is R 13,002
R16,300immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 2 bedroom property in Parkmore on ImmoAfrica.net is R 16,300
R137immo · index
The current average rental price per square meter for a 2 bedroom property in Parkmore on ImmoAfrica.net is R 137
R1,024,556immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 1 bedroom property in Parkmore on ImmoAfrica.net is R 1,024,556
R11,891immo · index
The current average sales price per square meter for a 1 bedroom property in Parkmore on ImmoAfrica.net is R 11,891
R8,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 1 bedroom property in Parkmore on ImmoAfrica.net is R 8,000
R125immo · index
The current average rental price per square meter for a 1 bedroom property in Parkmore on ImmoAfrica.net is R 125
R3,888,333immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 5 bedroom property in Parkmore on ImmoAfrica.net is R 3,888,333
R3,553immo · index
The current average sales price per square meter for a 5 bedroom property in Parkmore on ImmoAfrica.net is R 3,553
R25,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 5 bedroom property in Parkmore on ImmoAfrica.net is R 25,000
R25immo · index
The current average rental price per square meter for a 5 bedroom property in Parkmore on ImmoAfrica.net is R 25
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
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