R 4,100,0009 bedroom home in Pretoria, Montana Park
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R 4,100,0005000Sqm stand with 1 House and 7 Apartments: Pretoria, Montana Park
9 9 11 250 m² 5000 m²
Calling all investors/developers to come and look at this prime property in Montana Park where the opportunities are endless. Investors can capitalize on the monthly rental income of about R50 000 which can be increased after a bit of TLC whilst developers can take advantage of the fact that there's another development behind the property with bulk services which they can tap into and benefit from the current rental income whilst they're waiting for the rezoning and bulk services to be provided. Although it will not be possible to build a high density development (Res3) on the property, Tshwane will approve 12 units on the half hectar of land
The property has a spacious 2 bedroom house and 7 apartments ranging from bachelor to 2 bedroom units with ample parking for all the tenants as well as two separate entrance gates
The property is located in Braam Pretorius street close to most shops and access routes which makes it very popular with tenants, but developers won't struggle to sell or rent a new development because of the prime location.
Don't delay making your viewing appointment today to avoid disappointment.
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Garden
Security
Satellite Dish
Sprinkler system
Patio
Pet friendly
Listing Number
6895496
Type of Property
House ( Full Free Title)
Listing Date
04 Apr 2025
Erf Size
5000m²
Floor Size
250m²
Rates and Taxes
R1200
Furnished
No
Bedrooms
9
Bathrooms
9
Family T V Room
1
Kitchen
1
Livingroom
1
Garage
2
Parking
9
Flatlet
Storeroom
Totally Fenced
Electric Gate
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.