This 4-bedroom home with 3 separate flats is perfectly positioned above Rachel de Beer Street in Pretoria North, offering an excellent investment opportunity with endless potential. Currently generating a rental income of R17 500 per month, the property is well-suited for investors seeking reliable returns and future growth. All units are fitted with gas stoves and prepaid electricity, supported by a 10kW backup inverter and battery system, ensuring low running costs and minimal disruptions.
The property offers versatile features including ample storage spaces, carports, undercover patios, and a braai area. Part of the premises is currently utilized as a spa, adding to the income-generating potential. Located close to schools, public transport routes, and the CBD, this 58-year-old home carries the charm of an established property while offering opportunities for upgrades to further increase value. A true investor’s haven in the heart of Pretoria North.