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R14,500,000
Investment Opportunity in Pretoria North CBD
Investment opportunity in the heart of Pretoria North CBD! This block of flats is perfectly positioned for student housing, offering 65 bedrooms and 25 bathrooms across multiple apartments, each approximately 85 sqm in size with own kitchenette. With the option to add more rooms, this property offers potential for increased rental income.
The property features a communal laundry room and a parking lot accommodating up to 36 vehicles. Ideally located within walking distance to shops, schools, and medical facilities, making it highly attractive for tenants. The property is also situated on major transport routes, ensuring easy access for residents.
Currently generating a monthly rental income of approximately R120,000, this is a lucrative opportunity for investors seeking a steady income stream. Don't miss out on this prime investment in a thriving area!
Features
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
2,000m²
Land Size
2,552m²
Pretoria North, Pretoria
Nestled in the northern foothills of the Magaliesberg revealing marvelous scenery and a tranquil escape, Pretoria North, as the name suggests, is a suburb in the city of Pretoria. The streets are planted abundantly with mystical lavender Jacaranda trees which come to bloom during the months of October and November, changing the landscape of Pretoria North.
The area attracts a mixture of young professionals and...
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Disclaimer: While every effort will be made to ensure that the information contained within the RealNet Properties website is accurate and up to date, RealNet Properties 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.
