Apartment / Flat 1392-ref-9290 for Sale in Hatfield, Pretoria
Apartment / Flat 1392-ref-9290 for Sale in Hatfield, Pretoria
R1,100,000
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Hatfield, Pretoria, South Africa
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Posted: less than a month ago
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Description
AgencyRef: 1392-ref-9290 EXCEPTIONAL INVESTMENT OPPORTUNITY | ERUDITI APARTMENTS, HATFIELD Secure a high-demand investment property in one of Pretoriaâs most sought-after student and young professional rental hubs. Situated in the well-known Eruditi Apartments on Prospect Street, Hatfield, this modern 2-bedroom apartment offers strong rental returns, excellent location benefits, and long-term growth potential. Located directly opposite the University of Pretoria and within walking distance to the Gautrain Station, retail centres, restaurants, and major transport routes, the apartment enjoys consistent tenant demand throughout the year â making it an ideal addition to any investment portfolio. PROPERTY FEATURES: ⢠2 Spacious Bedrooms with built-in cupboards ⢠1 Bathroom ⢠Modern open-plan kitchen and lounge ⢠Fibre / Wi-Fi ready ⢠Covered parking ⢠24-Hour security and access control ⢠Secure, well-maintained complex ⢠Prime location in the heart of Hatfield INVESTMENT BREAKDOWN: ⢠Asking Price: R1 100 000 ⢠Current Rental Income: ±R9 000 per month ⢠Annual Rental Income: ±R108 000 per annum ⢠Approximate Gross Rental Yield: ±9.8% ⢠Approximate Monthly Rates & Taxes: ±R490 ⢠Approximate Monthly Levies: ±R1 400 ESTIMATED RETURNS: With strong rental demand driven by students, young professionals, and parents seeking secure accommodation near the University of Pretoria, this property presents an attractive investment opportunity with reliable occupancy potential and steady cash flow. The apartment delivers an estimated gross annual ROI/yield of approximately 9.8%, offering investors a balanced combination of income generation and long-term capital appreciation in a proven rental market. Whether you are an experienced investor or entering the property market for the first time, this apartment offers location, stability, and investment performance in one of Pretoriaâs strongest rental nodes. 2 Spacious Bedrooms with built-in cupboards 1 Modern Bathroom Open-plan kitchen and lounge Fibre / Wi-Fi ready Covered parking 24-Hour security and access control Secure and well-maintained complex Prime location with excellent tenant demand Agency reference number: 1392-9290
Highlights
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PriceR1,100,000
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Number of bedrooms2 BR
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Living space43 m²
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Apartment / Flat 1392-ref-9290 for Sale in Hatfield, Pretoria has been posted in the Pretoria Flats for Sale category on Locanto.
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