2.5 Bed Apartment in Muckleneuk
Spacious Two And Half Bedroom Flat For Sale
This property in the beautiful, well-maintained Tecoma block in Muckleneuk offers both charm and investment potential. Originally a spacious 2.5-bedroom flat, it has been creatively converted into a 6-bedroom layout to maximize rental income. The flat features a large, well-equipped kitchen with ample built-in cupboards, a single bathroom with a toilet, and a cozy layout that feels like home.
Tecoma is a secure block, ideal for relaxation with its lovely amenities, including a swimming pool, braai area, and a lock-up garage. The location is superb for public transportation, as it''s just off a main road, making commuting convenient. It''s also close to major universitiesthe University of South Africa and the University of Pretoriaadding to its appeal for students, faculty, and professionals.
Whether youre a newlywed couple looking for a future home, a first-time investor, a seasoned property investor, or someone looking to create an Airbnb, this property is ideal. The demand for rentals and Airbnb options in this area makes it a strong investment opportunity. The flat is fully tenanted currently generating a rental income of nearly R12,000 per month.
Book a viewing, pre-qualified buyers will be taken for appointments.
Property details
- Listing number T4862613
- Property type Apartment
- Listing date 12 Nov 2024
- Land size 5 115 m²
- Floor size 114 m²
- Rates and taxes R 250
- Levies R 2 053
Property features
- Bedrooms 2.5
- Bathrooms 1
- Garage parking 1
- Access gate
- Pool
- Garden