R11,000,000
Prime Mixed-Use Investment Opportunity in Pretoria Gardens - Fully Tenanted
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!
Features
Building Name:
Andries Bisschoff Gebou
Zoning:
Mixed Use
Interior
Power 3 Phase
Yes
Exterior
Security
No
Sizes
Floor Size
2,450m²
Land Size
3,089m²
Parking Bays
Covered Parking Bays
16
Open Parking Bays
24
Extras
Covered Parking • Security • Electric Gate • Security Gate
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Disclaimer: While every effort will be made to ensure that the information contained within the Just Imagine Properties website is accurate and up to date, Just Imagine Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.