2 Bedroom Apartment For Sale in Pretoria

Property description

Positioned within the leafy, sought-after suburb of Muckleneuk, these well-appointed 2-bedroom, 1.5-bathroom units present an excellent opportunity for both investors and owner-occupiers seeking comfortable and convenient living in a quiet, established neighbourhood.

Three identical units are available, offering the same size and layout, making them ideal for individual buyers or investors looking to acquire all three as a combined investment.

With an asking price of R555,000 per unit and a monthly rental income of R6,800, each unit offers an annual rental income of R81,600 and an attractive gross rental yield of approximately 14.7%, making it a promising option for investors looking for rental income.

Muckleneuk is known for its leafy streets, grand homes, apartment buildings, embassies and proximity to the University of South Africa. Magnolia Dell Park, with its lake, tea house and restaurant, is a popular spot for picnics and arts and crafts markets, while several medical centres are conveniently located throughout the area.

The location offers a peaceful residential environment with easy access to Sunnyside, the Pretoria CBD, major transport routes and the University of Pretoria, while still providing a quiet retreat from the busier parts of the city.

A great opportunity to secure one or all three units in a well-established Pretoria suburb, whether you are looking to expand your investment portfolio or find a property offering both value and convenience.