Montana Park - MR602995

Commercial in Montana Park, Pretoria - North, Gauteng

R 6,500,000

... Numbers not adding up?

2068m2
Montana Park - MR602995
Commercial in Montana Park, Pretoria - North, Gauteng
R 6,500,000
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Key Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Erf Size - 2068m2
  • Price per square erf meter - R3,143 per m2
  • MyRoof Stats

    • 698 Views
    PID=602995 DID=627245 SID=1

    Calling all Investors & real estate business moguls - You do not want to miss this opportunity!

    Incredible returns on investment!

    What does this property consist of?

    8 Rental units on the Property
    12 month lease agreement contracts - managed by managing agent living on the property.
    All currently at max capacity - of the tenants have been there for over 5 years!

    Current Rental rates:
    4x 3 Bedrooms Units at R 9000 pm

    3x 2 Bedrooms Units at R 8000 pm

    Unit 8 is a bachelor unit being rented out at R2000
    (has a kitchenette & bathroom with only a shower)

    3 Bedroom units have beautiful gardens with built in braai & patio area.
    (some gardens bigger than others)

    2 Bedroom units have smaller gardens and built in braai area.

    Units all have prepaid electricity meters.

    Water is charged to all tenants at R 250 per person, per month.

    2 Carports per unit!

    Borehole & irrigation

    Childrens garden - little play area

    Rates & Taxes R 1 985
    Waste management R 2 400


    Monthly rental income is R 65 000,00 pm
    (after city of Tshwane costs)

    No levies are currently being charged, as gardens are to be maintained by tenants.

    I see the amount does not pull though -
    Price on this property R 6 500 000

    Call Kyle for your exclusive viewing!


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