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12 1st Avenue, Heatherdale Ah, Northern Pretoria, Gauteng
R 4 250 000
This substantial 10,000 square meter investment property in Heatherdale Property in Heatherdale offers a lucrative opportunity for savvy investors. The property comprises 12 well-appointed units, generating a significant monthly rental income of R60,000. With ample space to construct additional units, the potential for growth and increased returns is vast.The property boasts municipal water and a borehole, ensuring a reliable water supply. Modern conveniences like gas stoves and geysers are installed in all units, enhancing the appeal to tenants. Two entrances provide easy access, and existing leases ensure a steady income stream. Surrounded by nearby developments, this property offers a promising investment prospect, poised to deliver a substantial pension income for years to come. Show more Show less
Estimated monthly repayment
R 40 134
on a R 3 825 000 bond over 20 years at 11.25%
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12 1st Avenue, Heatherdale Ah, Northern Pretoria, Gauteng
Listed by
Amahle Mthembu
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