R 3,500,000

R 3,500,000

Prime Investment Property Near the University of Pretoria – Exceptional Income Potential!
4
Bedrooms
2
Bathrooms
Active

Prime Investment Property Near the University of Pretoria – Exceptional Income Potential!

Web Ref. MPLS-6633
Land size 1586 m²
Floor size 350 m²
Monthly Bond Repayment
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This well-developed property is situated on a huge stand with ample space for future expansion and further development. Located less than 2km from the University of Pretoria, it offers outstanding rental potential for student accommodation. Students may qualify for funding through National Student Financial Aid Scheme (NSFAS), making this an ideal investment opportunity.


Main House:
.           4 Bedrooms
.           2 Bathrooms
.           3 Spacious Living Areas
.           Huge Kitchen
.           Entertainment Area with Swimming Pool
.           6 Carports & Ample Additional Parking

Bonus: The main house can easily be converted into two 2-bedroom flats and two bachelor units, maximizing rental income.


Additional Income-Generating Units (Separate Entrance):
.           Two 2-Bedroom Flats (each with 2 bedrooms, bathroom & kitchenette)
.           1-Bedroom Flat with bathroom & kitchenette
.           Bachelor Flat

The flats have their own separate entrance from the main house, ensuring privacy and convenience for tenants.


The following renovations are Included in the Selling Price which still have to be done:
.           Brand-new bathroom in the main house
.           Interior and exterior painting
.           Granite countertops in the main house kitchen


This property offers:

.           Excellent location
.           Strong student rental demand
.           Multiple income streams
.           Expansion potential
.           Secure parking


A rare opportunity to secure a high-return investment property in a prime location.

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 1270
Pet Friendly Yes
Occupation On Transfer
En-Suites 1
Floor Size 350 m²
Total Floors 1
Property Tags
Freestanding

Rooms

Bedrooms 4
Bathrooms 2
Kitchen 1
Lounges 2

Amenities

Parking Spaces 6
Swimming Pool Yes
Flatlet Yes

4 Flatlets

Amenities

Dining Room Flatlet Swimming Pool Garden Patio

Property Location

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.