Invest From R999,500

Elardus Park, Pretoria East, Gauteng

Investment Package Exclusive to Empire Wealth Clients.

Brand New Cash Flow Positive Buy-to-Let Apartments in Potchefstroom with all costs inclusive!

INVESTMENT SUMMARY

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Why Invest In This Property?

Location Location Location

The apartment complex is situated in the heart of Elardus Park. This unique development combines convenience, security and trendy finishes with an ideal location and easy access to a host of local amenities.

Proximity

Elardus Park is a residential suburb of the city of Pretoria, South Africa. Located to the south of Waterkloof Ridge in a leafy, established area that is home to the city’s medium expensive real estate. The diverse selection of properties in Pretoria East ranges from large older homes on big stands in estates to modern townhouses and complexes in the newer east of Pretoria.

The area is also home to top Universities, schools, beautiful parks, and quality medical facilities and boasts an outdoor lifestyle and a fantastic range of shopping malls, shops, restaurants and pubs.
A number of upmarket estates have been developed in the East of Pretoria to cater for the high-end lifestyle needs of buyers. Although there is a higher demand for sectional title than for freehold property.
Price ranges that buyers show most interest in range from R800 000 to R2 million, but there is also fair activity in luxurious estates such as Mooikloof, Silver Lakes and Woodhill and areas such as Waterkloof where property is often priced upwards of R20 million.
Many suburbs in Pretoria East are receiving a complete make-over due to the Gautrain and the new Rapid Bus Transit system and this undoubtedly also creates a greater demand for residential property.
The overall pricing of homes in general for Pretoria East have increased modestly between 5% and 7% per annum with growth expected to exceed 10% due to Menlyn Main gearing towards becoming Africa’s first green city…
Statistics are provided by TPN Credit Bureau
 
Designed in 3-storey blocks with a magnificent view, these 2-bedroom 2-bathroom units range from 70-78m2, combining open plan design with spacious kitchens and en-suite bathrooms.

Value Adding Features

Financial Analytics

This development holds strong appeal for property investors looking for cash flow positive buy-to-let investment opportunities in Gauteng’s thriving rental market.
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