Prime Investment Opportunity: Two Bachelor Units in Philip Nel Park Near TUT
Unlock Steady Rental Income with a Versatile Property Investment
Are you searching for a promising investment property in a thriving area with high rental demand? Look no further—this exclusive offering in Philip Nel Park, Pretoria, is tailored for investors who desire both value and security. With two bachelor apartments available for just R450,000, and a minimum rental income potential of R700.00 per unit, this opportunity is not to be missed.
Location: The Heart of Student Living in Pretoria
Philip Nel Park stands out as one of Pretoria’s most vibrant and strategically located neighborhoods, especially for those affiliated with the Tshwane University of Technology (TUT). Proximity to the university creates a reliable pipeline of students and young professionals seeking quality, affordable accommodation. This results in consistently high occupancy rates and minimal vacancy gaps, making the area ideal for buy-to-let investors.
• Walking distance to TUT: A key feature for maximizing rental demand.
• Accessible transport links: Well-connected to major roads and public transport for convenient commuting.
• Nearby amenities: Shopping centers, medical facilities, restaurants, and recreational parks enhance tenant appeal.
Property Overview: Two Bachelor Apartments Designed for Modern Living
The property consists of two neat and compact bachelor units, each designed with the needs of students and young professionals in mind. Bachelor apartments are an increasingly popular choice for renters seeking privacy, affordability, and convenience.
• Open-plan layout: Maximizes use of space, offering room for sleeping, relaxing, and studying.
• Modern kitchenette: Equipped for easy meal preparation with storage and essential appliances.
• Private bathroom: A shower, toilet, and basin offer comfort and independence.
• Secure environment: Gated premises with controlled access ensure peace of mind for residents and landlords alike.
• Low-maintenance design: Minimizes upkeep and ongoing costs, boosting your net returns.
Financial Breakdown: Exceptional Affordability and Rental Return
At a listed price of R450,000 for two units, this property delivers unbeatable value. With each bachelor unit generating a minimum rental income of R700.00 per month, your investment will begin yielding a tangible return from day one.
• Total purchase price: R450,000 (for two bachelor apartments)
• Minimum rental income per unit: R700.00 monthly
• Combined minimum rental income: R1,400.00 monthly / R16,800 annually
• Potential gross yield: Approximately 3.7% per annum at minimum rental (before expenses)
These figures reflect the minimum, and with effective marketing and property management, higher rental rates may be achievable, further enhancing your return on investment.
Investment Advantages: Why This Property Stands Out
• Steady rental demand: The constant influx of TUT students ensures a broad pool of prospective tenants.
• Dual-income potential: Two separate apartments allow for rental flexibility—let both or occupy one while renting the other.
• Affordable entry price: Ideal for first-time or seasoned investors looking to expand their portfolio with minimal upfront capital.
• Low risk and high liquidity: Smaller units are easier to let and sell, reducing downtime and risk.
• Flexibility in financing: Whether you prefer a cash transaction or wish to take advantage of bond options, we accommodate all scenarios.
Financing Made Simple: Cash or Bond—The Choice Is Yours
We understand that every investor’s financial situation is unique. That’s why we make the process as smooth as possible by accepting both cash and bond transactions. Our experienced team will assist with applications to all major banks, ensuring you receive the most competitive offer available in today’s market.
• Bond applications handled with care: We process all paperwork with efficiency and diligence, minimizing delays and maximizing your approval potential.
• Negotiation on your behalf: Our relationships with lending institutions enable us to secure favorable rates and terms for our buyers.
Why Philip Nel Park?
• Proximity to learning and employment hubs attracts a diverse tenant base, from students to young professionals.