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R 4 500 000 | 8 bed property for sale in hatfield

Property Description

Investment gem | Move-in ready | Private living The Ideal Student Accommodation or Commune Located in one of the most lucrative neighbourhoods of Pretoria, this property has much to offer. Being here means you have quick and easy access to several amenities and to name a few: public transport, University of Pretoria campus (2km), good high schools, shopping centers and malls, restaurants, entertainment centers and main roads leading to Pretoria east and Central and highways. The apartment has the following features: - 8 neat and well-spaced bedrooms with built-in wardrobes and private balconies - 8 ensuite bathrooms each with a shower, basin and toilet and extractor fans - An open concept kitchen with plenty of built-in cupboards providing great storage space for all occupants, as well as a stove and under-counter oven - A spacious lounge and dining room - great as a common meeting spot or entertainment - Special features include Fibre and a prepaid meter for monitored consumption - Parking is available - For added safety and peace of mind, there is 24-hour security available and an electric main gate This 1st floor unit can potentially generate a rental income of - R44 000 - R60 000 depending on the number of occupants and rent charged. Currently each room is rented out for R5500 with one student each. With the different room sizes, not only can each room's price vary according to size, but some are also great for sharing. Compare the expenses and income and the market prices in Hatfield to determine what works for you. Another factor that could help maximize profits is to provide convenient services for the occupants, e.g. Wi-Fi for students and young adults/professionals. This property is perfect for growing your portfolio and assets in real estate. It is in an immaculate condition and needs no renovations. At this bargain price it is an opportunity not to be missed in this market. We offer a free pre-approval service for all our buyers. Call, WhatsApp or leave an enquiry below to arrange an exclusive viewing of this stunner and begin the process of securing your dream investment property.


Property Details

Purchase Price R 4 500 000

Type of PropertyApartment

Last Updated04 Mar 2024

Rooms

Bedrooms8

Bathrooms8

Property Location

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