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Jan Niemand Park, Jan Niemand Park, Pretoria, Gauteng
R 2 500 000
This income-producing property is back on the market with significant upgrades designed to maximize efficiency, reduce operating costs, and increase long-term value for investors. * High-Value Solar Installation The property features 32 solar panels, offering substantial savings on electricity costs and increased tenant appeal. The solar system is currently on lease (for 7 years) at R6 200 per month; however, the new owner will pay absolutely nothing for the first 12 months — a direct saving of R74 400 in the first year alone. * Load-Shedding Friendly Units Each unit is equipped with a gas stove and gas bottle, providing tenants with uninterrupted cooking convenience and making the property highly attractive in today’s market. * Secure Water Supply A fully operational borehole, supported by a 5 000L water tank and pressure pump, ensures reliable water access and reduced dependence on municipal supply — a major advantage for both investors and tenants. The property currently generates a rental income of R35 000 per month and has a strong borehole, ensuring reliable water supply. With the new improvements a rental income of R42 000 is possible. The third building is currently under renovation and can be completed as a tuck shop or repurposed to suit the buyer’s needs—offering even more income potential. All rooms are fully tenanted, making this a perfect turnkey investment. Contact us today for more information or to arrange a viewing!
Estimated monthly repayment
R 23 608
on a R 2 250 000 bond over 20 years at 11.25%
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Jan Niemand Park, Jan Niemand Park, Pretoria, Gauteng
Listed by
Zinhle Mokgatle
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