Apartment for sale in Menlyn

Pam Golding Properties are delighted to offer the highly anticipated, Phase 2 of Menlyn Maine Residences, Pretoria. Menlyn Maine Residences are one of the most spectacular, vibrant urban residential developments that have entered the Pretoria market in recent years.

We present a unique offering to serious investors interested in purchasing at Menlyn Maine Residences i.e a shared-income model, also known as the “Variable Lease Agreement”. The model entails a partnership between you, the Purchaser and The Capital Apartments and Hotels (Pty) Limited (The Capital). The Capital specialises in short-term letting and managed apartments having operated in 12 buildings nationally since 2007. The Capital both develops and owns buildings in Johannesburg, Pretoria, Umhlanga, Zimbali, Mbombela and Cape Town. They lease over 1 500 units nationally and have a perfect track record of paying rentals to unit owners on the 1st day of the month without any hassle.

Amongst others some hassle free benefits are no maintenance and no agent fees. The Capital Trilogy (at Menlyn Maine Residences) offers an option to renew the agreement up to 9 years. A net income is derived after deduction of services costs. The Capital Trilogy has performed excellently in the market with average occupancy of 80%.

Pam Golding Properties have 14 luxury 2-bed apartments available located across 11 incredible floors – all with the Variable Lease Agreement signed. The apartments are all fully furnished and selling from R3.3m.

Property Snapshot:

Price: From R3 384 612 (Transfer duty included)

Rental Agreement: minimum 3-years

Variable monthly rental: min R20 000 – R31 865/m

Variable Net Yield: 7% - 11%

Furnished Apartment: 2 Bedrooms, 2 Bathrooms, 2 Entrances, 2 Parking bays

Menlyn Maine Residences are perfectly poised amongst 5-star hotels, Sun-International's new Gaming facilities, malls, restaurants, the corporate work place and Cintocare's state of the art health facilities. On-site amenities includes 2 swimming pools (one rooftop), a restaurant and a huge recreational park.

Ask us for the brochure and layout for Phase 2 of The Capital Trilogy to secure your investment immediately.