?? Asking Price: R649 000 (slightly negotiable)
?? Location: Muckleneuk, Sunnyside, Pretoria
?? Converted 2.5 Bedroom ? 3-Bedroom Flat
?? Fully occupied with long-term tenants
?? Investment Highlights
Gross Rental Income: R11 000 / month
Levies: R2 200 / month
Net Rental (before bond): R8 800 / month
Annual Net Income: R105 600
?? Returns Breakdown
Cash-on-Cash Return: ~16% (assuming 50% bond deposit of R324 500)
Net ROI: ~13.5% p.a. (Net Income ÷ Purchase Price)
(Bond repayments not included in ROI as financing terms vary.)
?? Why This Property?
? High-demand area in Sunnyside / Muckleneuk
? Fully let with reliable long-term tenants
? Excellent rental yield, outperforming average market returns
? Attractive entry price with room for negotiation
? Strong upside for capital appreciation in Pretoria’s inner-city market