Turnkey, income-generating property in a quiet, tree-lined neighbourhood offering communal pool and jacuzzi, three self-contained flatlets plus house units — five bedrooms, five bathrooms, undercover parking for seven.
This house is currently not utilized as a normal home, but has been divided into sections. It has 3 large flatlets with their own bathrooms, kitchenettes and lounge areas. Separate entrances to each of these three flatlets.
The main house has now been divided into two sections. Downstairs, the large study has been converted into a bedroom. This room has its own bathroom Part of the double lounge downstairs has been sub-divided to make a second bedroom with bathroom on the ground level.. Upstairs, the main bedroom has been turned into a flatlet as well with its own bathroom.
The kitchen in the main house is shared by the two tenants inside the main house, as well as the lounge and dining room area.
The swimming pool and jacuzzi and braai area is communal.
The units are serviced and their washing is currently also being done for them.
The house generates an excellent form of income.
There is under-cover parking for 7 cars in the large well manicured garden.
This house is only for sale to investors who wish to take over the running of the home as it currently stands. The tenants are all on long term contracts. If you wish to convert the home back into a normal home, you would need to wait for their contracts to end.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,600,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 397 listings in Pretoria (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 30% below the median.
Similar properties pricing
Key differences
Market depth
397 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
Sterrewag is a quiet and established residential suburb offering a peaceful atmosphere with convenient access to essential amenities and larger commercial areas in Pretoria.
* Distances and amenities are approximate.