Stunning Investment Commune

  • 2 649 000 R2,749,000
  • R2,699,000/2 659 000
46 Mpale

Stunning Investment Commune

46 Mpale
  • 2 649 000 R2,749,000
  • R2,699,000/2 659 000

Description

Property:

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

 

Market Overview:

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.

Investment:

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

  • Address 46 Mpale
  • City Pretoria
  • Zip/Postal Code 0083
  • Area Arcadia
  • Country South Africa

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