Property features

R14 985 000
Levies R7504 pm
Rates R7504 pm

Property Details

Discover a prime investment opportunity at 731 Norman Eaton Ave, Pretoria West just a short distance from the Tshwane University of Technology (TUT) offering 24 Units of which contains 22 (Two bedroom Apartments), 2 (One-bedroom Apartments) and a Storeroom with a combined size of approximately 1353m² under roof and measuring a stand size of 4936m². Units floor areas between 67-19m² of which most are two bedroom apartments to studio apartment. Priced at R14 985 000, this property promises a projected income of R3 108 000p/a and allowance for expenses is 25% (R777 000) making it an excellent addition to your portfolio. Each unit has tiled floors, natural light, and spacious kitchen and bathroom facilities, ensuring comfort and convenience for tenants. The property also boasts ample parking space, catering to the needs of residents and visitors alike. Situated in the thriving area of Phillip Nel Park, this property is ideally located. N4 Magalies FWY & R104, schools, healthcare facilities and a bustling shopping mall, Heidi's Place presents unrivaled convenience. Businesses will thrive in this area due to its connectivity, growing infrastructure, and the diverse range of industries operating in the vicinity. Don’t miss out on making this Commercial Property your lifetime investment—schedule a viewing today and experience everything it has to offer!