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Convenient student living steps from UP Medical Campus — nine self-contained flatlets (17 beds, 9 baths), shaded covered parking, CCTV and remote-controlled electric gate, high-visibility location.
Incredible opportunity for student housing!
The current owner generates an estimated annual income of R640,000 from this property, which features:
* 9 flatlets in total
- 8 two-bedroom flats, each equipped with its own kitchen and bathroom
- 1 one-bedroom flatlet, also complete with its own kitchen and bathroom
Additional amenities include:
* 14 covered parking spaces with shade netting
* CCTV security cameras
* Alarm system
* Electric fencing for enhanced safety
* High visibility location, great for marketing of units/property
* Close proximity to the UP Medical Campus, making it perfect for medical students
* Approved Residential 3 zoning
* Durable aluminium windows
* Remote-controlled electric gate
Don't miss out on this fantastic investment opportunity!
Listed for sale at R5,300,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 392 listings in Pretoria (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 47% above the median. Floor size is 25% smaller than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 52,027 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
392 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
Riviera is a well-established, primarily residential suburb in Pretoria offering a mix of housing options and convenient access to essential amenities, making it a desirable location for families and professionals.
* Distances and amenities are approximate.
