Asking Price: R649 000 (slightly negotiable)
Location: Muckleneuk, Sunnyside, Pretoria
Converted 2.5 Bedroom ? 3-Bedroom Flat
Fully occupied with long-term tenants
Investment Highlights
Gross Rental Income: R11 000 / month
Levies: R2 200 / month
Net Rental (before bond): R8 800 / month
Annual Net Income: R105 600
Returns Breakdown
Cash-on-Cash Return: ~16% (assuming 50% bond deposit of R324 500)
Net ROI: ~13.5% p.a. (Net Income ÷ Purchase Price)
(Bond repayments not included in ROI as financing terms vary.)
Why This Property?
High-demand area in Sunnyside / Muckleneuk
Fully let with reliable long-term tenants
Excellent rental yield, outperforming average market returns
Attractive entry price with room for negotiation
Strong upside for capital appreciation in Pretoria’s inner-city market
