Buy Once, Rent Three Times? | Multi-Dwelling Investment in Parkdene
Three dwellings. One property. Multiple income opportunities.
If you're looking for an investment property for sale in Parkdene, Boksburg, this one deserves a closer look.
This versatile property offers three separate dwellings, making it an attractive option for investors looking to generate rental income from multiple residential units under one roof.
Better yet, the property is currently tenanted, with leases in place until April 2027, providing an existing rental structure for the new owner.
🏡 Main House
The spacious main residence offers:
- 3 Bedrooms
- 2 Bathrooms
- Lounge
- Dining room
- Kitchen
- Covered patio leading from the dining room
- Thatched entertainment area
- 2 Lock-up garages
It's a home designed with both everyday living and entertaining in mind.
🏠 Flat 1
The first flat has its own private entrance and open parking, providing excellent separation from the main residence.
Features include:
- Open-plan lounge, dining room and kitchen
- 2 Bedrooms
- 1 Bathroom
- Additional packing cupboard at the end of the passage
- Wooden deck at the front entrance
🏠 Flat 2
The third dwelling offers a more compact configuration and includes:
- Open-plan lounge, dining room and kitchenette
- Separate bedroom
- 1 Bathroom
- Shared main entrance gate with the main house
- Use of one of the three garages
All three dwellings are separate buildings, with each having its own front-door entrance.
💰 Why Investors Should Take Notice
This property offers something investors tend to like very much:
Multiple dwellings generating rental income from a single property acquisition.
With three separate living spaces, existing tenants and leases running through to April 2027, this could be an interesting addition to an investor's portfolio.
Whether you're an experienced property investor looking to expand your rental portfolio or you're searching for your first multi-let investment property in Boksburg, this Parkdene opportunity is worth investigating.
And let's be honest, having three dwellings on one property gives the phrase "multiple income streams" a rather literal meaning.
📍 Investment Property in Parkdene, Boksburg
Located in Parkdene, Boksburg, Gauteng, this property offers investors the opportunity to acquire a versatile residential investment asset with multiple accommodation options and existing tenancy.
Three dwellings. Existing tenants. Multiple income potential. One investment opportunity.
Interested in finding out more?
Contact Fox & Co Properties today to arrange a viewing or request further investment information.
🦊 Fox & Co Properties | Commercial & Investment Property Specialists
Investment opportunities don't usually knock twice. This one is worth answering the door for.
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Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.