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R 11 000 000

Commercial Property for Sale in Pretoria Gardens

415 Van Der Hoff, Pretoria Gardens, Pretoria

2 450 m²

Contact Broker

Ruane Bester - Mountain View & Mayville

Show Contact Number

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...

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!

Listing number: P24-115708085, Image number: 1

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Property Overview

Listing Number

115708085

Type of Property

Commercial Property

Street Address

415 van der Hoff, Pretoria Gardens

Listing Date

11 March 2025

Erf Size

3 089 m²

Floor Size

2450 m²

Levies

R 11 154

Zoning

Mixed Use

Facilities

Truck Access

Small Trucks

External Features

Parking

Secure parking

Secure Parking

Yard Space

600 m²

Building

Building Name

Andries Bisschoff Gebou

Power Availability

Three Phase

Other Features

Security

Electric Gate, Security Gate

Points of Interest

Bond Calculator

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