3,306m² Commercial Building for Sale in Muckleneuk
Located at 56 Harmony Street, Muckleneuk, Pretoria, this well-positioned mixed-use property presents an exceptional investment opportunity with strong and diversified income streams.
The property is developed on a 1,857 m² stand and comprises a 7-storey block of flats with ground-floor retail. The combination of residential and retail tenants ensures stable cash flow while spreading risk across multiple income sources.
Financial Overview:
• Asking Price: R35,000,000
• Gross Monthly Income: R367,400
• Monthly Expenses: ±R65,000
• Net Monthly Income: ±R302,400
Situated in the bustling Muckleneuk area, the building enjoys excellent visibility and accessibility, with close proximity to key landmarks, including the renowned BMW Fountains development.
Tenant Mix
Residential (26 Units):
• 19 × Two-bedroom apartments
• 5 × One-bedroom apartments
• 1 × Two-bedroom penthouse
• 1 × Three-bedroom apartment
Retail (Ground Floor):
• Shell Garage
• SPAR Express
• Liquor City
• Fashion designer
• Cupboards and shopfitting company
• Additional smaller retail shops
This strong and well-balanced tenant mix delivers consistent and diversified rental income, making the property an attractive long-term investment with solid growth potential.
The property is developed on a 1,857 m² stand and comprises a 7-storey block of flats with ground-floor retail. The combination of residential and retail tenants ensures stable cash flow while spreading risk across multiple income sources.
Financial Overview:
• Asking Price: R35,000,000
• Gross Monthly Income: R367,400
• Monthly Expenses: ±R65,000
• Net Monthly Income: ±R302,400
Situated in the bustling Muckleneuk area, the building enjoys excellent visibility and accessibility, with close proximity to key landmarks, including the renowned BMW Fountains development.
Tenant Mix
Residential (26 Units):
• 19 × Two-bedroom apartments
• 5 × One-bedroom apartments
• 1 × Two-bedroom penthouse
• 1 × Three-bedroom apartment
Retail (Ground Floor):
• Shell Garage
• SPAR Express
• Liquor City
• Fashion designer
• Cupboards and shopfitting company
• Additional smaller retail shops
This strong and well-balanced tenant mix delivers consistent and diversified rental income, making the property an attractive long-term investment with solid growth potential.
Features
Zoning
Interior
Sizes
Listing Info
Muckleneuk, Pretoria
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the OfficePlace website is accurate and up to date, OfficePlace 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.
