R 61 000 000
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Commercial space in Menlo Park

38 70 50 5464 m²

With 38 fully furnished luxury apartments, this investment

opportunity seems quite substantial. Here are some key points to consider:

1.Luxurious Amenities: The self-catering apartments with

ensuite bathrooms, kitchenettes, and private living areas offer a high level of

comfort and convenience to tenants. Additionally, the inclusion of fourth-floor

penthouse units with spacious balconies adds a premium touch to the property.

2.Security Features: Biometric security throughout the

building ensures a high level of security for tenants, which is especially

important in urban areas. This feature can attract tenants who prioritize

safety and security.

3.Additional Facilities: The building''s amenities, such as

the reception area, office space, boardrooms, in-house bakery, gym, conference

room, and complimentary Wi-Fi, enhance the overall tenant experience and add

value to the property.

4.Location: Situated just 1.5km from the University of

Pretoria and close to various medical, entertainment, sports, and travel

amenities, the property''s location is highly desirable for students and young

professionals alike. Proximity to such amenities increases convenience and

attractiveness to potential tenants.

5.Parking and Common Areas: The provision of parking for

each unit, common areas, and a cafe with a braai area further adds to the

appeal of the property and enhances the overall living experience for tenants.

6.Investment Potential: Given the upscale amenities, prime

location, and high demand for quality accommodation near the University of Pretoria,

this investment opportunity holds significant potential for rental income and

long-term capital appreciation.

7.Operational Considerations: It''s important to consider the

operational aspects of managing such a property, including maintenance, tenant

turnover, and property management. Having a solid management plan in place is

crucial for the success of the investment.Overall, this investment opportunity appears to

offer a combination of luxury, convenience, and strategic location, making it

attractive for both tenants and investors

Contact me today for more information and book ur exclusive viewing today.

Property details

  • Listing number T4636368
  • Property type Commercial
  • Erf size 5464 m²

Property features

  • Bedrooms 38
  • Bathrooms 70
  • Open Parkings 50

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