4 STUDIO APARTMENTS IN DUNCAN COURT - HATFIELD

Area Summary:

Hatfield is a suburb in Pretoria with a high density of students as well as student accommodation due to its close proximity to the University of Pretoria's main campus.

In tranquil, residential Hatfield, there are a number of foreign embassies in grand residences, amid African and global eateries, low-key bars, and student housing for the nearby University of Pretoria.

Hatfield also offers easy access to the N1 and N4, for commuters traveling by car to either Pretoria, Midrand, Kempton Park, Johannesburg, Krugersdorp, OR Tambo International Airport as well as Lanseria Airport.

Shopping Centers in the immediate vicinity include the large Hatfield Plaza Shopping Centre and Loftus Park Shopping Mall. The area also has several smaller shopping centers with the usual cafes and convenience stores.

Hatfield is central to several schools including Pretoria High School for Girls, St. Mary’s DSG, Arcadia Primary School, Brooklyn Primary School, and Laerskool Pretoria-Oos. There are also many Nursery Schools and crèches in the suburb.

Duncan Court:

Duncan Court has affordable apartments that are perfect for young professionals and families. Duncan Court consists of 11 storeys of 480 apartments. There are a variety of plans on offer in the apartment building ranging in size, bedrooms, and bathrooms.

The complex has 24-hour security, CCTV cameras, access control and is 300m from the Gautrain Station.

These units are an ideal student accommodation and/or an Airbnb opportunity due to the central location of the apartments and easy access to Pretoria and Johannesburg.

List of Units with Rental Income:

Unit

Unit / Door No.

Unit Size (m2)

Beds

(Studio Layout)

Bath

Lease Expiry Date

Rental Income

Levies

Rates and Taxes

303

A808

30

1

1

31 Dec 2023

R6 400,00

R858.40

R377.66

304

A809

30

1

1

31 Dec 2023

R6 400,00

R858.40

R377.66

401

A1008

30

1

1

31 Dec 2023

R6 400,00

R858.40

R377.66

402

A1009

30

1

1

31 Dec 2023

R6 400,00

R858.48

R377.66

 

The current rental income and the lease end date are indicated in the list of units. The leases are in the process of being renewed for 2024 with a 6% escalation.

Opportunity:
We are offering a residential investment portfolio of 4 residential studio units in Duncan Court. The apartments will be offered individually or collectively.
 
The units are 30 sqm in size with a balcony of ± 2 sqm. Each unit has 1 undercover parking.

Additional Info

  • Address: DUNCAN COURT, 1226 PARK STREET, HATFIELD, PRETORIA
  • Auction Address: This Auction will take place on site.
  • Auction Date: ---
  • Time Auction Starts: ---
  • Contact Person: Pieter Nel
  • Phone: 084 8800 165

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