RENTAL PORTFOLIO: 9 APARTMENTS IN VILLA ROSSO - ROOIHUISKRAAL NORTH, CENTURION

Area Summary
The suburb of Rooihuiskraal North is situated to the West of Centurion. It is one of the more established areas with beautiful gardens and plenty of trees as well as offering new developments. The suburb is popular with buyers who want modern accommodation.
 
Rooihuiskraal North also offers easy access to the Old Johannesburg Road (R101), N1 and N14, for commuters travelling by car to either Pretoria, Midrand, Kempton Park, Johannesburg, Krugersdorp, OR Tambo International Airport as well as Lanseria Airport.
 
The Gautrain Bus service runs through Rooihuiskraal North to the Gautrain Centurion station.
 
Shopping Centers in the immediate vicinity include the Reds Mall, Centurion Lifestyle Centre, Centurion Mall, Sutherland shopping Centre, Koedoe Arcade and Wierda Two Centre. The area also has a number of smaller shopping center’s with the usual cafes and convenience stores.
 
Rooihuiskraal North is central to a number of schools including Rooihuiskraal Primary, Uitsig High, Eldoraigne High, Sutherland High, Zwartkop High, Bakenkop Primary, Hennopspark Primary, Springvale Primary, Cresta College, Montessori, and Wierda Park Primary. There are also many Nursery Schools and crèches in the suburb.
 
Villa Rosso
Villa Rosso has affordable, modern apartments that are perfect for young professionals and families. There are a variety of plans on offer in the complex ranging in size, bedrooms and bathrooms.
 
Each units has a DSTV connection and is Fibre ready. The complex has 24-hour security, access control and electric fence.
 
There is planning in place to close off the cull de sac and create a centralized manned access security access station for Villa Rosso, Villa Grigio, and Villa Bianco.
 
These units are an ideal AirBnB opportunity due to the central location of the properties and easy access to Pretoria, Johannesburg and Krugersdorp. There is ample shaded and visitor parking in the complex.
 
List of Units with Rental Income:

Unit

Unit No.

Block

Floor

Plan

Unit Size (m2)

Beds

Bath

Lease Expiry Date

Rental Income

Levies

Rates and Taxes

1

2

Block 1

GF

D

47

2

1

31 Oct 2023

R6 000,00

R1 209,32

R445,44

2

5

Block 1

GF

E

51

2

1

31 Mar 2024

R6 500,00

R1 313,14

R498,70

3

30

Block 2

SF

E

51

2

1

31 May 2024

R6 100,00

R1 313,14

R498,70

4

34

Block 3

GF

B

50

2

1

29 Feb 2024

R6 930,00

R1 286,68

R484,18

5

36

Block 3

FF

A

60

2

2

31 Dec 2023

R5 900,00

R1 546,22

R610,06

6

40

Block 3

FF

A

60

2

2

30 Jun 2024

R6 160,00

R1 546,22

R610,06

7

45

Block 3

SF

A

60

2

2

29 Feb 2024

R6 987,00

R1 546,22

R610,06

8

58

Block 4

SF

C

47

2

1

31 Jul 2023

R6 000,00

R1 209,32

R445,44

9

83

Block 6

FF

D

47

2

1

30 Apr 2024

R6 030,00

R1 209,32

R445,44

The current rental income and the lease end date is indicated in the list of units.
 
Opportunity
We are offering a residential investment portfolio of 9 residential units in this complex.  This is a corporate disposal which will be offered collectively or in the following groupings:
 
  • Lot 1: Units 1 –9 (Consisting of all 9 Units / Spread across all the Blocks)
  • Lot 2: Units 1 – 3 (Consisting of 3 Units / Spread across Blocks 1 & 2)
  • Lot 3: Units 4 – 7 (Consisting of 4 Units / In Block 3)
  • Lot 4: Units 8 – 9 (Consisting of 2 Units / Spread across Blocks 4 & 6) 

Additional Info

  • Address: VILLA ROSSO, 17 NENTABOS STR, ROOIHUISKRAAL NORTH, CENTURION
  • Auction Address: THE CAPITAL, MENLYN MAINE, PRETORIA
  • Auction Date: ---
  • Time Auction Starts: ---
  • Contact Person: Pieter Nel
  • Phone: 084 8800 165

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