659 Stanza Bopape Street, Arcadia, Pretoria
659 Stanza Bopape Street, Arcadia, Pretoria
Looking for an incredible, cash-flow positive investment in the heart of Arcadia, Pretoria? This clever conversion offers immediate high rental yield potential, making it an ideal property for savvy real estate investors or student accommodation providers. Originally a large 2-bedroom unit, seamlessly partitioned into 4 rentable bedrooms to maximize rental returns. Complete with a shower, bathtub, basin and toilet. A functional lounge space and a neat kitchen with a practical layout and ample storage space. This unit includes a secure, lockable garage for peace of mind. The building is neat, clean and well-maintained and the surroundings are safe as well. It is relatively close to University of Pretoria, Tshwane University of Technology and numerous private colleges. Minutes away from Steve Biko Academic Hospital, Pretoria Heart Hospital and major government departments. You also have quick access to Loftus Park Shopping centre, Barclay Square and local convenience hubs.
Income Potential:
3 bedrooms: R2 350 minimum per room
1 bedroom: R1 700 per room
Total estimated Gross Rental Income: R8 750/ month
Come View.