Effortless lock-up-and-go living in Queenswood, steps from shops, hospitals, university and Gautrain; third-floor apartment with bright open-plan living, versatile sunroom for 1.5–2-bedroom use and dedicated parking.
This well-positioned third-floor apartment presents an excellent opportunity for investors seeking strong rental demand and long-term growth in a sought-after area.
The unit offers a spacious main bedroom, complemented by a versatile sunroom that can comfortably function as a half-bedroom or compact second bedroom, giving the apartment a practical 1.5 to 2-bedroom layout. This flexibility significantly enhances tenant appeal and overall usability.
The open-plan living and family area is generously sized, featuring large windows that allow for abundant natural light and elevated views. The kitchen is practical and functional, while the bathroom includes a bath, toilet, and basin.
The building is well-maintained and equipped with CCTV security, ensuring peace of mind for both tenants and owners. The unit includes one dedicated parking space, with additional visitor parking available within the complex.
Investment Advantage:
The property is currently tenanted by a long-standing, reliable tenant with a lease in place until end September. The seller has requested that the tenant be allowed to fulfil the remainder of the lease term.
A purchase can proceed immediately, with the new owner benefiting from rental income from transfer, making this a seamless, income-generating investment.
Prime Location – Queenswood
Ideally situated close to key amenities, including:
- Queenswood Quarter Shopping Centre
- Queens Corner Shopping Centre
- Colbyn Village Shopping Centre
- Netcare Moot General Hospital
- Steve Biko Academic Hospital
- University of Pretoria
- Hatfield Gautrain Station
- Easy access to main routes and public transport
Investor Highlights:
- Immediate rental income (tenant in place)
- Strong rental demand with waiting list
- Functional 1.5 to 2-bedroom layout
- 3rd floor unit with attractive views
- Open-plan living with natural light
- Secure, well-maintained building with CCTV
- One dedicated parking space + visitor parking
- Low-maintenance lock-up-and-go investment
- Excellent long-term rental potential
contact now for viewing
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R585,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 291 listings in Pretoria (town)
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 21% below the median. Floor size is 24% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 5,743 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
291 similar listings
High similar-home inventory town-wide (Pretoria)
Median time on market: 155 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
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Queenswood is a well-established, family-friendly suburb in Pretoria known for its leafy streets, convenient location, and mix of older homes and modern apartments.
* Distances and amenities are approximate.