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Menlo Park, Menlo Park, Pretoria, Gauteng
R 4 300 000
**Sole Mandate** Located in the heart of Menlo Park, this exceptional 11-bedroom commune offers investors a rare opportunity in one of Pretoria's most sought-after areas - recently approved for the new security boom. Perfectly positioned and NSFAS-approved, the property has operated successfully as a student commune for the past 17 years, maintaining full occupancy throughout. The spacious layout includes a swimming pool, ample outdoor space, and extensive parking, ensuring comfort and convenience for tenants. With an average rental income of R6,153.40 per room and five rooms suitable for sharing (accommodating two tenants at 4,500.00 each), the property offers outstanding income potential and a strong return on investment. This is truly an investor's dream - a well-established, high-demand property in a prime location. 11 Bedrooms R67 687,45 - Gross Monthly income 2025 R6 153,40 - Average price per room R6 000,00 - Electricity, capped at 6k, students top up if they run over R5 570,00 - Water/Sanitation/Waste Management R5 200,00 - Domestic Worker R990,00 - DSTV R3 800,00 - Maintenance per house R750,00 - Soap and washing powder R1 650,00 - Internet and data R650,00 - Security R750,00 - Gardener R42 327,45 - Nett Monthly Income 2025 REDLEX 512 (PTY) LTD trading as RE/MAX Property Merchants (Mooikloof) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 40 606
on a R 3 870 000 bond over 20 years at 11.25%
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Menlo Park, Menlo Park, Pretoria, Gauteng
Listed by
Bongani Makhanya
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