Apartment for sale
Reliable rental income in a vibrant, well-connected neighborhood near transport and retail, featuring a communal braai area and 37 fully tenanted units plus 17 covered parking.
Inviting serious buyers to view and negotiate an Investment Opportunity of 37-Unit Apartment/Flat with Comprehensive Amenities
This prime investment property consists of a well-maintained 37-unit apartment complex, fully tenanted and generating consistent rental income. The property offers a blend of desirable features and strategic amenities, providing long-term income potential and strong tenant retention.
Property Features:
flow from rental income.
appeal of the property.
ensuring safety and privacy for all residents.
enhancing the overall living experience. Additionally, the complex includes on-site laundry rooms, further increasing tenant
satisfaction and convenience.
services, the property attracts long-term, reliable tenants.
Rental Income of R80 700 monthly.
Fully tenanted units, secure and desirable amenities, and a prime location, this 37-unit apartment complex offers a solid opportunity for stable returns. The combination of rental income, high tenant demand, and low operational risk makes this an attractive option for both seasoned investors and those looking to enter the property market.
This investment opportunity offers not only immediate income but also the potential for long-term capital growth. The comprehensive security measures, ample parking, and resident-friendly amenities further add value to the property, ensuring it remains a competitive asset in the rental market.
Listed for sale at R6,000,000
Price reduced by 5.0% to R5,700,000
Wide price range across Pretoria
Prices vary widely across Pretoria, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Pretoria (R573k–R12M).
Market depth
12 similar homes
14 listings across Pretoria
Low inventory
Active across Pretoria
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Mamelodi East is a vibrant and well-established residential township in Pretoria that offers a strong sense of community, convenient access to local amenities, and a rich cultural heritage for its residents.
