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R 630 000
Apartment / Flat for Sale in Arcadia
Pretoria, Arcadia
Apartment / Flat for Sale in Arcadia
Pretoria, Arcadia
0
Excellent Investment Opportunity – High Rental Yield Potential!
This spacious 94 sqm apartment in the heart of Arcadia is a prime investment for those looking to maximize rental income. With 2.5 bedrooms, a large open-plan lounge and dining area (can be a third bedroom), this unit offers an excellent opportunity to rent out rooms individually for a steady monthly income.
Ideal for Shared Living or Student Accommodation. 2 beds in a shared room rents at R1600 each (R32 200 in total)
Rental Potential: The layout allows for multiple tenants, making it ideal for students or young professionals.
Secure & Well-Managed Complex: Ensuring a hassle-free investment.
Convenient Location: Close to amenities, public transport, and educational institutions.
Estimated Rental Income Per Room:
Main Bedroom: ± R3,500 - R4,000
Second Bedroom: ± R3,000 - R3,500
Half Bedroom / Enclosed Veranda: ± R2,000 - R2,500
Total Potential Rental Income: ± R8,500 - R10,000 per month
Additional Features:
Bathroom with Separate Toilet – Convenient for multiple tenants
1 Covered Parking Bay – Secure parking (rented from the Body Corporate
Secure & Well-Maintained Complex – Peace of mind for landlords and tenants
Levies & Expenses:
Standard Levy: R2,777.23
CSOS: R40
Reserve Fund: R373.43
With a recent sale in the complex at R680,000 (2024), this property is an affordable, high-yield investment in a prime rental market.
Don’t miss out on this fantastic income-generating opportunity! Contact us today to arrange a viewing
Property Overview
Listing Number
111231827
Type of Property
Apartment / Flat
Floor Area
94 m²
Price per m²
R 6 702
Levies
R 3 417
Rates and Taxes
R 271
Floor Number
3
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