Property description
Presenting a rare and lucrative opportunity to acquire a fully-tenanted, high-yield residential complex in the heart of the sought-after Pretoria East.
This modern investment package is designed for the discerning buyer seeking a "hands-off" asset with proven income, sustainable features, and exceptional capital growth potential.
Property Overview
Situated on a generous 2,184 m² erf , this secure complex consists of 5 premium residential units currently. The property is strategically located near major hubs like Menlyn Park Mall and Menlyn Maine, ensuring a consistent demand from high-quality tenants, including international diplomatic staff.
Unit Specifications & Amenities
The complex is designed with broad market appeal, offering spacious layouts and modern finishes:
• Accommodations: Each unit features 3 bedrooms and 2 bathrooms.
• Living Areas: Includes a dedicated lounge and dining area.
• Modern Comforts: Units are equipped with air-conditioning and a built-in braai for private entertainment.
• Parking: Every unit includes a double garage.
• Sustainability: The entire property runs on solar power, significantly reducing utility reliance and attracting eco-conscious tenants.
• Security: Features robust security infrastructure and an on-site guard house to ensure resident safety.
Investment Summary & Financials
This is a high-performing asset with a stabilized rent roll and premium tenant profiles.
• Gross Monthly Rental: Approximately R145,418.50.
• Annual Net Income: Estimated at R1,631,659.08.
• Occupancy: Currently 100% let with reliable tenants.
• Scalability: Perfect as a buy-to-let investment, a multi-family compound, or a versatile residential asset for yield-focused buyers.
Key Investment Highlights
• Turnkey Operations: Fully tenanted.
• Prime Location: Walking distance to King's Kid Creche (0.14 km) and minutes away from Menlyn Park Mall (1.13 km) and major medical facilities.
• Low Maintenance: Modern construction and "low-maintenance" setups maximize your net returns.
• Strong Capital Growth: Located in a high-demand Gauteng suburb with a history of consistent property value appreciation.
- Study
- Store Room
- Patio
- Freehold
- Security Features
- Laundry
