House for sale
Cash-positive urban living steps from Steve Biko Academic Hospital, ideal for medical tenants; income-ready flatlets and load-shedding-free power. Three bedrooms, two bathrooms, three undercover bays.
Location, sustainability, and immediate cash flow come together in this exceptional multi-income property package. Positioned just two blocks from Steve Biko Academic Hospital, this property is perfectly primed to tap into the high rental demand from medical students, doctors, and healthcare staff.
Financial & Income Breakdown:
Total Potential Income: R8,000/month from flatlets alone + additional high-value rental potential for the main house.
Flatlet 1 (Bachelor): Generates R3,500/month (currently occupied by a reliable tenant).
Flatlet 2 (1-Bed): Projected R4,500/month (currently vacant, ready for you to place a tenant).
Main House: Can be rented as a family home or converted into a student/medical commune to maximize rental yield.
The Main Residence Layout:
Bedrooms & Bathrooms: 3 spacious bedrooms and 2 bathrooms.
Living Spaces: Large living room/lounge plus a separate dining room featuring a cozy fireplace.
Kitchen: Functional setup with a gas stove and dedicated space/plumbing for both a washing machine and a dishwasher.
Entertainment: Private patio area ideal for outdoor relaxation.
Investor Advantage: In a competitive rental market, offering a load-shedding-free environment drastically reduces vacancy rates and commands premium rental rates.
Key Property Features:
Parking: 3 secure, undercover parking bays.
Utility Management: Individual prepaid electricity meters installed for hassle-free tenant billing.
Location: Prime spot just 2 blocks from Steve Biko Academic Hospital—unbeatable walkability for medical staff and students.
Security & Convenience: Easy access to major transport routes, shops, and central amenities.
Secure your yield before someone else does. Contact us today to arrange a private viewing!
Listed for sale at R1,600,000
Price reduced by 6.3% to R1,500,000
Compared with 446 active listings in Pretoria.
Insight
Priced 16% below the local median — but still inside the typical range for Pretoria.
It is lower per m² than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 294 listings
Above-average space · based on 294 listings
Market depth
446 listings
Similar homes town-wide
102 days
Median time on market
Many similar homes
Active across Pretoria
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Capital Park is a charming, well-established residential suburb known for its historic character, spacious properties, and convenient proximity to Pretoria's central business district and major transport routes.
