A Beautiful 8 bedrooms, with 2 full bathroom also a separate toilet apartment in a secure building. Potential addition of 6 rooms may be added using the current double garage plus erecting another structure
Situated in the heart of Arcadia, Pretoria, this property offers easy access to transport and major routes. Walking distance to schools, to University of Pretoria, Loftus Stadium, Boston college, Pretoria Girls High, Pretoria Boys High.
Current rental when fully occupied = R24 000pm
Potential Rental Income= R42 000pm
Actual Operating Expenses= R2 695
Projected Cash on Cash = 138.69 %
Cap rate = 44%
Assuming acquisition is 100% finance