Web Ref No CL548

This fully tenanted mixed-use investment property is situated in a high-traffic location on Van der Hoff Road, Pretoria Gardens. With a diverse tenant mix and excellent visibility, this Business 2 zoned property offers strong income potential for savvy investors.

Property Highlights:
Total Land Size: 3,089 sqm
Total Building Size: 2,450 sqm (+600 sqm covered areas)
Commercial Component: 5 ground-floor retail shops facing Van der Hoff Road
Residential Component: 24 units
6 Bachelor Units (One-Bedroom)
6 One-and-a-Half-Bedroom Units
3 Two-Bedroom Units
9 Two-and-a-Half-Bedroom Units
Parking:
Residential: 8 garages, 4 covered, 7 open
Commercial: 17 open bays, 4 shade-net bays
Condition: Good to fair (face brick & plastered brick, IBR roof, steel/aluminum windows)
Strategic Location & Exposure
Positioned on Van der Hoff Road, a major four-lane artery connecting Pretoria Gardens, Hermanstad, and key commercial hubs, the property enjoys excellent visibility and strong rental demand.
Nearby landmarks include:

Tshwane University of Technology (TUT)
Pretoria Fresh Produce Market
Asiatic Bazaar
Eskia Mphahlele Drive (DF Malan Drive), a key route out of Pretoria CBD
Investment Overview & ROI Calculation
Gross Rental Income: R1,680,000 p.a.
Operating Expenses: R1,110,820 p.a.
Net Operating Income (NOI): R1,680,000 - R1,110,820 = R569,180
Vacancy Rate Assumption (5% of Gross Income): R84,000
Adjusted NOI: R485,180
Return on Investment (ROI): 4.41% (Adjusted NOI/Asking Price)

Why Invest?
+ Fully Tenanted - Immediate rental income with diversified tenants
+ High-Exposure Location - Prime position on a major four-lane road
+ Mixed-Use Flexibility - Commercial & residential income streams
+ Parking & Accessibility - Ample on-site parking for tenants & customers

This is a rare turnkey investment opportunity offering stable rental income in a sought-after location. Contact me today to arrange a viewing or for more details!