KEY INVESTMENT HIGHLIGHTS – 23 INCOME-PRODUCING APARTMENTS
An established 23-unit sectional-title residential investment portfolio across four buildings in Sunnyside, Pretoria, offering 1,315 m² of lettable accommodation and 18 allocated parking bays. The portfolio generates approximately R1.14 million in annual rental income and R629,000 in annual direct net operating income, representing a 10.1% indicative direct NOI yield and a 55.2% direct operating margin, before shared expenses.
The portfolio benefits from historically high occupancy, predominantly refurbished apartments, individual electricity and water meters, valid electrical compliance certificates and established property management systems. Strategically located near Pretoria CBD, universities, shopping centres and public transport, it offers immediate rental income and further optimisation potential.
Offered as a debt-free, 100% company share sale at R6,244,000, including agent's commission.
ONE TRANSACTION. 23 APARTMENTS. ESTABLISHED RENTAL INCOME.
PRIVATE TREATY SALE – OFFERS INVITED!more