3 306 m² Commercial space in Muckleneuk

Located at 56 Harmony Street, Muckleneuk, Pretoria, this well-positioned mixed-use property presents an exceptional investment opportunity with strong and diversified income streams.

The property is developed on a 1,857 m2 stand and comprises a 7-storey block of flats with ground-floor retail. The combination of residential and retail tenants ensures stable cash flow while spreading risk across multiple income sources.

Financial Overview:

Asking Price: R35,000,000

Gross Monthly Income: R367,400

Monthly Expenses: R65,000

Net Monthly Income: R302,400

Situated in the bustling Muckleneuk area, the building enjoys excellent visibility and accessibility, with close proximity to key landmarks, including the renowned BMW Fountains development.

Tenant Mix

Residential 26 Units:

19 Two-bedroom apartments

5 One-bedroom apartments

1 Two-bedroom penthouse

1 Three-bedroom apartment

Retail Ground Floor:

Shell Garage

SPAR Express

Liquor City

Fashion designer

Cupboards and shopfitting company

Additional smaller retail shops

This strong and well-balanced tenant mix delivers consistent and diversified rental income, making the property an attractive long-term investment with solid growth potential.