15 Bed Apartment in Pretoria North
Prime 15-Unit Apartment Complex in Pretoria North
Investment Opportunity
LOCATION Pretoria North
PROPERRTY TYPE: 15-Unit Apartment Complex
STATUS: Fully Occupied
IDEAL FOR: Investors and Property Developers
PROPERTY OVERVIEW
Unlock the potential of this strategically located 15-unit apartment complex, perfectly tailored for the vibrant student market. Nestled in the heart of Pretoria North, this property boasts a consistent rental income stream and offers a solid investment opportunity for savvy investors and developers looking to expand their portfolio.
KEY FEATURES
Fully Occupied: All 15 units currently leased, accommodating university students, ensuring immediate cash flow.
Unit Composition: Each unit features:
3 Bedrooms
1 Kitchen
1 Sitting Room
Convenient Amenities: Residents benefit from proximity to essential services:
Shopping Malls: Just a stone''s throw away for all retail needs.
Public Transportation: Easy access to bus routes and taxi ranks, providing seamless connectivity.
Banks: Various banking facilities within walking distance.
Recreational Park: Perfect for leisure and outdoor activities, enhancing the living experience.
LOCATION HIGHLIGHTS
Accessibility: A quick 20-minute drive or 10-kilometre journey to Pretoria CBD, ensuring that residents enjoy both a suburban lifestyle and urban convenience.
Student Hub: Positioned near major universities, making it an attractive choice for students seeking affordable housing close to campus.
INVESTMENT POTENTIAL
With a strong demand for student accommodation in Pretoria North, this property represents an excellent opportunity for both immediate cash flow and long-term appreciation. The current configuration caters well to the needs of students, ensuring high occupancy rates and rental yields.
ADDITIONAL INFORMATION
Zoning: Residential
Current Management: On-site management team in place for hassle-free operation.
Dont miss out on this exceptional opportunity to invest in a fully occupied apartment complex in a prime location. With its robust income potential and strategic position, this property is a perfect addition to any investment portfolio.
For more information or to schedule a viewing, contact us today!
Invest in your future with this promising property in Pretoria North!
Property details
- Listing number T4812214
- Property type Apartment
- Listing date 4 Oct 2024
- Land size 64 m²
- Floor size 64 m²
Property features
- Bedrooms 15
- Bathrooms 1
- Lounges 1
- Open parking 1