R 370 000

Exceptional Investment Opportunity – Pretoria North

This well-maintained block of flats is a spacious one-bedroom apartment located in the heart of Pretoria North. This unit is tenanted with reliable long-term tenants or one can purchase it with no tenants. There are 21 apartments in the block, and existing lease agreements can be taken over by the new owner, making this a true hassle-free investment.

The block is neatly maintained and professionally managed, offering immediate and stable rental income of an average of R5,500 to R7,800 per month.

Each apartment features:

• 1 Spacious bedroom (can easily be converted into a 2 bedroom using dry walling)
• 1 Bathroom
• 1 Kitchen
• Open-plan lounge and dining area
• 1 Carport per unit

Property details:

• Total units: 21 apartments
• 3 storeys high
• Secure and well-kept complex with professional Body Corporate management

This is a rare opportunity for investors seeking solid returns, low maintenance, and established rental income in a sought-after area.