- 2.5
- 1
- 1
- 114 m2
- 5 115 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 250.00
Monthly Levy: ZAR 2053.00
Property description
This property in the beautiful, well-maintained Tecoma block in Muckleneuk offers both charm and investment potential. Originally a spacious 2.5-bedroom flat, it has been creatively converted into a 6-bedroom layout to maximize rental income. The flat features a large, well-equipped kitchen with ample built-in cupboards, a single bathroom with a toilet, and a cozy layout that feels like home.
Tecoma is a secure block, ideal for relaxation with its lovely amenities, including a swimming pool, braai area, and a lock-up garage. The location is superb for public transportation, as it's just off a main road, making commuting convenient. It's also close to major universities—the University of South Africa and the University of Pretoria—adding to its appeal for students, faculty, and professionals.
Whether you’re a newlywed couple looking for a future home, a first-time investor, a seasoned property investor, or someone looking to create an Airbnb, this property is ideal. The demand for rentals and Airbnb options in this area makes it a strong investment opportunity. The flat is fully tenanted currently generating a rental income of nearly R12,000 per month.
Book a viewing, pre-qualified buyers will be taken for appointments.
Property Details
- 2.5 Bedrooms
- 1 Bathrooms
- 1 Garages
Property Features
- Pool
- Access Gate
- Garden
| Bedrooms | 2.5 |
| Bathrooms | 1 |
| Garages | 1 |
| Floor Area | 114 m2 |
| Erf Size | 5 115 m2 |
Contact the Agent
Karabo Mphofela
Candidate Property Practitioner