Income-focused urban living in sought-after Proclamation Hill, Pretoria West, close to shops and transport; multi-let layout with separate outside rooms, convertible garage, six bedrooms, three bathrooms, two covered parking bays
This 6-bedroom property is located in the sought-after Proclamation Hill area of Pretoria West. It is currently tenanted and generates a gross rental income of R15,000 per month, with the potential to increase earnings by renting out an additional vacant room.
The main house offers four bedrooms—one with an en-suite bathroom—while the remaining three bedrooms share a common bathroom. The outside section includes two additional rooms that share a bathroom, making it ideal for multi-let arrangements.
An extra garage is also available and can easily be converted into another income-generating room.
This property is a perfect investment opportunity for those looking to expand or start a multi-let portfolio, as it already features multiple rentable units and strong income potential.
Listed for sale at R2,100,000
Price reduced by 9.5% to R1,900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 391 listings in Pretoria (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 18,651 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
391 similar listings
High similar-home inventory town-wide (Pretoria)
Median time on market: 126 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
Proclamation Hill offers a mix of established residential living with convenient access to Pretoria's city center and surrounding amenities, making it suitable for families and professionals seeking a balanced lifestyle.
* Distances and amenities are approximate.