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Menlo 12
Menlo 12 complex is ideally situated in the heart of Menlo Park and provides easy access to the N1 Highway, the University of Pretoria, reputable schools, shopping malls, and some of Pretoria's finest eateries at Greenlyn Village Centre or The Village.
These contemporary apartments offer a secure and modern living experience in a well-maintained complex. The clever utilization of space is evident throughout these units.
Upon entry, a shared foyer leads to a well-designed and fully equipped kitchen featuring beautiful granite countertops, ample storage, a gas-burning hob, and an electric oven. The stylish living area opens onto a balcony (or patio) equipped with a built-in braai.
Both bedrooms are a comfortable size with the main bedroom boasting an ensuite bathroom with a bath. The second bathroom is equipped with a shower.
The ground-floor apartments have a patio and a private garden, and the first-floor apartments have a balcony.
These apartments are perfect for young professionals or students seeking a lock-up-and-go lifestyle while being close to amenities.
Menlo 12 complex consists of 16 apartments. The apartments have a similar layout with 2 bedrooms and 2 bathrooms. The complex offers excellent security and access control.
List of Units with Rental Income:
Unit / Door No. |
Parking Bay No. |
Unit Size (m2) |
Beds |
Bath |
Lease Expiry Date |
Rental Income |
Levies |
Rates and Taxes |
6 |
23 & 2 |
63 |
2 |
2 |
Month to Month |
R12,020.00 |
R2,155.88 |
R1,016.76 |
10 |
14 |
63 |
2 |
2 |
30 Nov 2024 |
R11,000.00 |
R2,111.43 |
R1,016.76 |
11 |
20 |
63 |
2 |
2 |
No tenants |
- |
R2,111.43 |
R1,016.76 |
12 |
15 |
63 |
2 |
2 |
No tenants |
- |
R2,134.93 |
R1,016.76 |
The current rental income and the lease end date are indicated in the list of units. There is an 8% rental escalation per annum.
Opportunity
We are offering a residential investment portfolio of 4 residential apartments in the Menlo 12 complex. The apartments will be offered individually or collectively.
The apartments are 63 sqm in size with a balcony/patio with a built-in braai. Each apartment has an allocated parking space/s.
Area Summary
Menlo Park is an upmarket suburb in Pretoria and borders Waterkloof, Brooklyn, and Lynnwood. Menlo Park has a mixed ratio of family and student accommodation due to its proximity to various educational institutions such as the well-known University of Pretoria’s main campus and various reputable schools.
In tranquil Menlo Park, there are several foreign embassies in grand residences, some of the finest eateries, low-key bars, and the iconic Old East Precinct.
Menlo Park also offers easy access to the N1, for commuters traveling by car to either Pretoria, Midrand, Kempton Park, or Johannesburg.
Shopping Centers in the immediate vicinity include the large Menlyn Park Shopping Mall and Brooklyn Mall. The area also has several smaller shopping centers with the usual cafes and convenience stores.
Menlo Park is also central to several schools including Hoërskool Menlopark, Laerskool Menlopark, and many Nursery Schools and crèches in the suburb.
TURBO INDUSTRIAL PARK EXT 2 – PRIME INDUSTRIAL PARK DEVELOPMENT
Turbo Industrial Park Ext 2 is a well-established Industrial Park with 24-hour security and secure parking. Easy access from Sasolburg, Vereeniging, Parys, and Potchefstroom.
This is a unique offering to the market to own and complete the subsequent phases in this development. Of the units are READY TO SELL with a Certificate of Real Right to develop and complete the development.
FIRST PHASE |
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UNIT No: |
SIZE (m2) |
TITLE DEED No: |
PARKING (E.U.A.) |
PARKING (m2) |
E.U.A. Real Right No: |
STATUS |
UNIT 2 |
399 |
ST356-2/2016 |
PA2 |
123 |
SK3229/2016 |
Built and registered |
UNIT 3 |
399 |
ST356-3/2016 |
PA3 |
123 |
SK3229/2016 |
Built and registered |
UNIT 4 |
400 |
ST356-4/2016 |
PA10 |
123 |
To be registered |
Unit is Built and Registered. Parking (Exclusive Use Area) to be Surveyed, Registered and assigned in Subsequent Phase |
NOTE: Parking Areas PA2 and PA3 are held under Certificate of Real Right: Exclusive Use Area, No. SK3229/2016
SUBSEQUENT PHASE (PROPOSED) |
||||
UNIT No: |
SIZE (m2) |
PARKING (E.U.A.) |
PARKING (m2) |
STATUS |
UNIT 5 |
399 |
PA5 |
141 |
Unit and Parking to be Surveyed, Registered and Built (Foundations prepared). Certificate of Real Right |
UNIT 6 |
399 |
PA6 |
176 |
Unit and Parking to be Surveyed, Registered and Built (Foundations prepared). Certificate of Real Right |
UNIT 7 |
400 |
PA7 |
176 |
Unit and Parking to be Surveyed, Registered and Built (Foundations prepared). Certificate of Real Right |
UNIT 8 |
411 |
PA8 |
123 |
This unit is built. Unit and Parking still to be Surveyed and Registered. Certificate of Real Right |
UNIT 9 |
411 |
PA9 |
123 |
This unit is built. Unit and Parking still to be Surveyed and Registered. Certificate of Real Right |
UNIT 10 |
1253 |
PA11 PA12 |
105 176 |
Unit and parking to be Surveyed, Registered and Built. Certificate of Real Right |
PA4 |
316 |
Parking to be Surveyed, Registered and Built. Certificate of Real Right |
Certificate of Real Right
Units 5, 6, 7 & 10 need to be Surveyed, Registered and Built. The parking areas (PA4, PA5, PA6, PA7, PA11 and PA12) need to be Surveyed, Registered and Built. These areas are held under a Certificate of Real Right which offers the developer the right to build these units and exclusive use areas during a period of 50 (Fifty) years from the date of opening the Sectional Title Register (ie from 25 May 2016).
Exclusive Use Areas (Parking)
The Parking Areas, for the corresponding Units, once surveyed and will be held by a Certificate of Real Right: Exclusive Use Area registered in the Deeds Office. The Exclusive Use Area will be notarially ceded to the purchaser and registered in the Deeds Office.
**WILL BE SOLD COLLECTIVELY**
Property Description:
Units |
Description |
Unit Rent p/m |
Total |
20 |
1 Bedroom Apartment |
R3,300.00 |
R66,000.00 p/m |
ANNUAL RENTAL INCOME |
R792,000.00 |
MARKET-RELATED RENTAL INCOME POTENTIAL:
Units |
Description |
Unit Rent p/m |
Total |
20 |
1 Bedroom Apartment |
R4,000.00 |
R80,000.00 p/m |
POTENTIAL ANNUAL RENTAL INCOME |
R960,000.00 |
142.7981 Ha Sand Mine and Quarry situated on the R573, only 16,8 km from Cullinan and 16,9 km from Zambesi North which falls within the ever-expanding residential area earmarked for development in the northeast of Tshwane.
This extensive property is a well-established sand quarry that has been in operation for years with the infrastructure in place and the perfect ratio of workstations situated on the property including a big warehouse, workshops, and offices.
This mine supplies building material to wholesale and retail clientele. The mine is also geared to provide and supply material for all future and current urban developments in and around the mine, in addition to the current output.
With its expansive size, vicinity, and abundant natural resources, this sand mine presents the availability of high-quality of the following Mineral Opportunities:
Red Building Sand Known as a base aggregate product, red building sand is mainly used for filling purposes, such as leveling surfaces before a construction project commences. This makes it an ideal, and much-needed, building material most often utilized for building and landscaping purposes. |
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Washed Plaster Sand This sand is used for mixing plaster for building applications. The ideal plastering sand is generally fine, sharp, angular (never worn or rounded), and clean, with a diversity of particle sizes. |
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Screened / Washed River Sand River sand is one of the most used building materials as it is needed to produce concrete and cement. Natural river sand, mined from riverbeds, is the preferred choice due to its fine consistency. Since the sand has been subjected to water for years, its silt and clay content is very low, making it ideal for building purposes. |
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Builders Mix / Crusher Run This user-friendly building material is used in all kinds of construction projects, both small and large. The mix consists of a blend of building sand and aggregate. To use it for construction purposes, only cement and water are required. Most often, a builder's mix is used for the installation of concrete. |
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G5 Subbase – Road build material G5 Sub-Base Material is a crushed product with a top size of 53mm down to fine dust. It is a specific product used below the G2 layer in the road construction industry and can also be compacted and used for foundation purposes. This material may contain approved natural fines not obtained from parent rock. |
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G6 – G9 Natural Filling G6 Sub-Base Material is used as filling and a base course under roads and paving. This material may contain approved natural fines not obtained from parent rock. The nominal maximum size for uncrushed material is 2/3 of the compacted layer and for crushed material 63mm before compaction. |
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G7 Sub-Base Material Used as filling and a base course under roads and paving. This material may contain approved natural fines not obtained from parent rock. The nominal maximum size for uncrushed material is 2/3 of the compacted layer and for crushed material 74mm. |
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Green and White Clay for brick-making Clay suitable for the making of bricks is found on the mine. Tests have been done and samples of the different clay bricks possible are available. Clay bricks are cheaper and more cost-effective to produce, as the time necessary to bake at high temperatures is reduced, compared to the normal standard brickmaking process. |
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Silica Sand Industrial sand and gravel, often called "silica," "silica sand," and "quartz sand," include sands and gravels with high silicon dioxide (SiO2) content. These sands are used in glassmaking; for foundry, abrasive, and hydraulic fracturing (frac) applications; and for many other industrial uses. Silica sand is also widely used on golf courses for filling bunkers and surrounding waste bunkers. |