Turnkey income-generating apartment ideal for hassle-free investing in a convenient neighbourhood near shops and transit, featuring long-term tenants, a lock-up garage and three bedrooms.
Prime Investment Opportunity: Spacious 3-Bedroom Apartment with Long-term Tenants
Discover a remarkable investment opportunity with this well-maintained 3-bedroom apartment, ideally situated on the second floor. Currently occupied by reliable long-term tenants, this property promises a steady income stream and hassle-free management for discerning investors.
The apartment features a generously sized main bedroom, offering ample cupboard space to accommodate all your storage needs. All three bedrooms are equipped with built-in cupboards, ensuring convenience and organization throughout the living spaces.
Designed with comfort in mind, the property includes a well-appointed bathroom fitted with a bathtub for ultimate relaxation, as well as a separate guest toilet to enhance privacy and functionality.
The apartment boasts a spacious separate kitchen, complete with built-in cupboards, providing plenty of room for culinary enthusiasts to create delightful meals. This well-laid-out kitchen is perfect for both everyday use and entertaining guests.
Additionally, the property offers the convenience of a lock-up garage, ensuring secure parking and extra storage space. This feature adds significant value and appeal to both tenants and potential buyers.
Take advantage of this exceptional opportunity to invest in a property that combines space, functionality, and long-term tenant stability. Contact us today to arrange a viewing.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R640,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 235 listings in Pretoria (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 37% below the median.
Similar properties pricing
Key differences
Affordability
R 6,283 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
235 similar listings
High similar-home inventory town-wide (Pretoria)
Median time on market: 135 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Meyerspark is a well-established, family-friendly suburb offering a peaceful residential environment with convenient access to essential amenities and larger commercial hubs in Pretoria.
* Distances and amenities are approximate.