9-bedroom, 6-bathroom property with 640 m² floor size and 1276 m² land, generating R17,500 monthly rental income.
This 4-bedroom home with 3 separate flats is perfectly positioned above Rachel de Beer Street in Pretoria North, offering an excellent investment opportunity with endless potential. Currently generating a rental income of R17 500 per month, the property is well-suited for investors seeking reliable returns and future growth. All units are fitted with gas stoves and prepaid electricity, supported by a 10kW backup inverter and battery system, ensuring low running costs and minimal disruptions.
The property offers versatile features including ample storage spaces, carports, undercover patios, and a braai area. Part of the premises is currently utilized as a spa, adding to the income-generating potential. Located close to schools, public transport routes, and the CBD, this 58-year-old home carries the charm of an established property while offering opportunities for upgrades to further increase value. A true investor’s haven in the heart of Pretoria North.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,800,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 20 listings in Pretoria North
Insight
Priced close to the median for similar properties.
Similar properties pricing
Key differences
Market depth
20 similar listings
Medium similar-home inventory in Pretoria North
Median time on market: 246 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
Pretoria North offers a blend of established residential living with convenient access to amenities and a strong sense of community, making it an appealing place to settle down.
* Distances and amenities are approximate.