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402 Carinus Street, Meyerspark, Pretoria East, Gauteng
R 3 500 000
This well-developed property is situated on a huge stand with ample space for future expansion and further development. Located less than 2km from the University of Pretoria, it offers outstanding rental potential for student accommodation. Students may qualify for funding through National Student Financial Aid Scheme NSFAS, making this an ideal investment opportunity.Main House:. 4 Bedrooms. 2 Bathrooms. 3 Spacious Living Areas. Huge Kitchen. Entertainment Area with Swimming Pool. 6 Carports & Ample Additional ParkingBonus: The main house can easily be converted into two 2-bedroom flats and two bachelor units, maximizing rental income.Additional Income-Generating Units Separate Entrance:. Two 2-Bedroom Flats each with 2 bedrooms, bathroom & kitchenette. 1-Bedroom Flat with bathroom & kitchenette. Bachelor FlatThe flats have their own separate entrance from the main house, ensuring privacy and convenience for tenants.The following renovations are Included in the Selling Price which still have to be done:. Brand-new bathroom in the main house. Interior and exterior painting. Granite countertops in the main house kitchenThis property offers:. Excellent location. Strong student rental demand. Multiple income streams. Expansion potential. Secure parkingA rare opportunity to secure a high-return investment property in a prime location. Show more Show less
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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402 Carinus Street, Meyerspark, Pretoria East, Gauteng
Fair-value check
Priced highPriced 43% above comparable 4-bed houses for sale in Meyerspark
Based on 14 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Andile Masilela
Unclaimed listing — claim it to verify
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