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Menlo Park, Menlo Park, Pretoria, Gauteng
R 3 300 000
Perfectly positioned in one of Pretoria's most sought-after suburbs, this well-maintained property is within easy walking distance of both Menlo Park Primary School and Menlo Park High School, making it an outstanding investment for families, professionals, students, and developers alike. Offering an excellent monthly rental income, the property already has three rental agreements in place, providing an immediate return on investment. The property has been cleverly configured into multiple income-generating units: - Main House – Unit 1: Two spacious bedrooms, one bathroom, comfortable living area, kitchen, and a private garden. - Main House – Unit 2: Three bedrooms, two bathrooms, generous living area, kitchen, and its own private garden. - Separate Flatlet: Two bedrooms, one bathroom, living area, and kitchenette. - Studio Apartment: Open-plan layout with a kitchenette and bathroom, ideal for a single tenant or short-term accommodation. Each unit offers privacy and functionality, making this an attractive option for long-term rentals or multi-generational living. Adding even greater value is the property's exceptional development potential. Situated within a high-density development zone, the land offers the possibility of developing up to approximately 20 residential units, subject to the necessary municipal approvals and rezoning processes. Whether you're looking for a property that delivers immediate rental income, a long-term investment, or a prime development opportunity in one of Pretoria's most desirable locations, this Menlo Park gem ticks every box. Property Highlights: - Prime Menlo Park location - Walking distance to Menlo Park Primary and High School - Four separate income-producing units - Three existing rental contracts - Well maintained and move-in ready - Excellent rental yield - High-density development potential (subject to approvals) - Easy access to the N1, Lynnwood Road, the University of Pretoria, shopping centres, and top amenities. This is a rare opportunity to secure a versatile investment property in a location where demand continues to grow.
Estimated monthly repayment
R 31 163
on a R 2 970 000 bond over 20 years at 11.25%
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Menlo Park, Menlo Park, Pretoria, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Sizwe Coetzee
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