8,000m² Apartment Block For Sale in Pretoria North
R31,000,000
Web Ref No RNC158
Apartment block for sale in Pretoria North
This property has huge investment potential comprising of two buildings with a total of 34 apartments.
Each building has 2 floors with a floor size of 2000 square feet on each floor.
These apartments are situated in proximity of a TUT campus and are used for student accommodation accredited by the Tshwane University of Technology.
The income generated from the property is currently R494 000 per month.
30 of the apartments include:
-2 bedrooms
-1 bathroom
-kitchen
-living area
4 of the apartments include:
-1 bedroom
-1 bathroom
-kitchen
-living area
The monthly rates and taxes amount to R50 000 but will be reduced when solar geysers are installed.
The property is neatly maintained and the common areas include a laundry area, braai area and a small garden. Ample parking for vehicles inside
CCTV cameras installed around the building
Fiber ready
Fully occupied premises with a waiting list of students and parents for accommodation.
24 hour security
Biometric access security gates.
Audited financials are available (overheads Vs final profit margins available to serious buyers)
Each building has 2 floors with a floor size of 2000 square feet on each floor.
These apartments are situated in proximity of a TUT campus and are used for student accommodation accredited by the Tshwane University of Technology.
The income generated from the property is currently R494 000 per month.
30 of the apartments include:
-2 bedrooms
-1 bathroom
-kitchen
-living area
4 of the apartments include:
-1 bedroom
-1 bathroom
-kitchen
-living area
The monthly rates and taxes amount to R50 000 but will be reduced when solar geysers are installed.
The property is neatly maintained and the common areas include a laundry area, braai area and a small garden. Ample parking for vehicles inside
CCTV cameras installed around the building
Fiber ready
Fully occupied premises with a waiting list of students and parents for accommodation.
24 hour security
Biometric access security gates.
Audited financials are available (overheads Vs final profit margins available to serious buyers)
Features
Zoning Commercial
Floor Size 8,000m²
Land Size 2,552m²
Security Yes
Floor Size 8,000m²
Land Size 2,552m²
Security Yes
Extras
24 Hour Access
Security Complex
Broker Contact Details
Abigail Nhlabati
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 371 445 47)
Cell 065 005 3728
Office (010) 0251993
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 371 445 47)
Cell 065 005 3728
Office (010) 0251993
WhatsApp Me
Message the Agent
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