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1060 Prospect Street, Hatfield, Pretoria, Gauteng
R 1 000 000
Positioned in Eruditi directly opposite the University of Pretoria on the corner of Festival and Prospect Street, this modern two-bedroom apartment is a prime buy-to-let opportunity for serious parent investors. The unit is currently generating R9 900 per month in rental income, offering immediate cash flow from day one with proven tenant demand in this high-occupancy student node. The apartment features two well-sized bedrooms, open-plan living, a functional kitchen, prepaid electricity, and access to free uncapped Wi-Fi within the complex, making it highly attractive to students. Its unbeatable location ensures consistent rental demand, strong occupancy rates, and long-term capital growth in one of Hatfield’s most established student accommodation hubs. The complex offers controlled access, secure parking, and professional management, providing safety, convenience, and low-maintenance ownership. For parents looking to secure accommodation while building an income-producing asset, this is a strategic move that combines stability with upside potential. With proximity to campus, Gautrain access, retail centres, restaurants, and transport routes, the fundamentals for sustained rental performance are firmly in place.
Estimated monthly repayment
R 9 443
on a R 900 000 bond over 20 years at 11.25%
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1060 Prospect Street, Hatfield, Pretoria, Gauteng
Fair-value check
Fairly pricedIn line with comparable 2-bed apartments for sale in Hatfield
Based on 171 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Nkosinathi Nel
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