R 14 985 000
calculate bond costs

1 353 m² Commercial space in Philip Nel Park

4 936 m² 1 353 m²

Residential Commercial Space for sale in Philip Nel Park

Discover a prime investment opportunity at 731 Norman Eaton Ave, Pretoria West just a short distance from the Tshwane University of Technology (TUT) offering 24 Units of which contains 22 (Two bedroom Apartments), 2 (One-bedroom Apartments) and a Storeroom with a combined size of approximately 1353m2 under roof and measuring a stand size of 4936m2. Units floor areas between 67-19m2 of which most are two bedroom apartments to studio apartment. Priced at R14 985 000, this property promises a projected income of R3 108 000p/a and allowance for expenses is 25% (R777 000) making it an excellent addition to your portfolio.

Each unit has tiled floors, natural light, and spacious kitchen and bathroom facilities, ensuring comfort and convenience for tenants. The property also boasts ample parking space, catering to the needs of residents and visitors alike.

Situated in the thriving area of Phillip Nel Park, this property is ideally located. N4 Magalies FWY & R104, schools, healthcare facilities and a bustling shopping mall, Heidi''s Place presents unrivaled convenience. Businesses will thrive in this area due to its connectivity, growing infrastructure, and the diverse range of industries operating in the vicinity.

Dont miss out on making this Commercial Property your lifetime investmentschedule a viewing today and experience everything it has to offer!

Property details

  • Listing number T4879542
  • Property type Commercial
  • Erf size 4 936 m²
  • Floor size 1 353 m²
  • Rates and taxes R 7 504
  • Levies R 7 504

Photo gallery