High-yield urban investment near Pretoria North CBD, close to schools and transport, featuring solar-powered office space, 1276m² land with nine-bedroom layout and generous parking.
This 1276m2 commercially zoned property offers exceptional potential for investors or business owners looking to unlock strong rental income in a well-located area close to the Pretoria North CBD. The property currently accommodates 3 bachelor flats already rented at R2 500 each, with the possibility of creating up to 7 bachelor flats, 1 one-bedroom flat, and 1 two-bedroom flat. A large open office area, solar for the current offices, and provision in the zoning for a 3-storey building further add to the versatility and future development potential of this property.
With a little vision and effort, this property could be transformed into a rewarding income-generating asset or a thriving business premises. There is even potential for a separate 3-bedroom unit with its own entrance, while the generous parking space allows room for additional carports or even more units, subject to approval. Well positioned near schools and on bus and taxi routes, this is a rare opportunity to invest in a property with excellent accessibility, flexibility, and long-term value
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 21 listings in Pretoria North
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 76% above the median. Floor size is 54% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
21 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 convenient, family-oriented lifestyle with a blend of established residential properties, essential amenities, and easy access to the Magaliesberg mountain range.
* Distances and amenities are approximate.