Property details

9 SIMPLEXES FOR SALE

9 investment simplexes for sale collectively, offering the discerning investor a 7% disposable Return on Investment (Y1) and with appreciation totalling 12% RoI. Menlynvillas are nestled in the Summit Place business park, located right behind Menlyn shopping mall giving access to one of the largest shopping malls in Africa. The complex falls in the precinct and is the only residential complex in this prime area, also located a few minutes away from Time Square Casino and Arena. The complex comprises of 2 separate buildings with a total of 20 units. The 9 apartments are located amongst these. The buildings are developed as stack simplexes with 5 units on the ground floor and 5 units on the upper-level floor of each building. Each unit has a garage and the upper units have patios on the garage rooftops. The property is well connected to the strategic transportation network close to the N1 (50 meters away) and public transit options making travelling around Pretoria and beyond easily accessible. There are 9 stack simplex, sectional title units for sale, There are 7 x 2 bedroom units measuring 90m2 and 2 x 3 bedroom units measuring 121m2. All 9 units are tenanted, with leases in place and offer an annual income of close to a R1m. Overall the property provides a blend of convenience, amenities and lifestyle benefits making it a compelling choice for residents and visitors seeking modern and well rounded living experience in Pretoria. Contact us today if you wish to discuss.

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219 Thys Street, Menlyn

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