House - Andeon AH

12-Unit Income-Producing Complex on ±1 Hectare | Andeon AH, Pretoria West | R10,700,000 This is the kind of property serious investors look for: an established multi-let asset already producing rental income, with 12 residential units, 22 lock-up garages, established infrastructure and further development upside on approximately 1.0007 hectares. Macadamia Valley is situated at 687 Niemandt Street, Andeon AH, offering a quieter, green setting while remaining well positioned for Pretoria West, the N4 corridor, employment nodes and everyday amenities. Andeon continues to attract tenants and investors because of its accessibility to major routes and comparatively affordable rental market. Kribz Investment highlights - 12 self-contained residential units - Mix of spacious 1- and 2-bedroom units, including units with studies - 22 lock-up garages - Approximately 1.0007 ha freehold property - Seller-reported gross rental: approximately R70,700 per month, subject to lease reconciliation during due diligence - Individual prepaid electricity, water and waste systems - 3-phase electricity infrastructure - Fibre connectivity - CCTV, beams, controlled access and perimeter security - Established pecan/walnut orchard providing an additional income stream - Approved building plans for the existing units - Site Development Plan indicating potential for approximately six additional units, subject to all municipal and zoning approvals - Additional potential for garages, storage or other income-generating improvements - Extensive paved areas, landscaped gardens and mature trees - Comprehensive investor and due-diligence documentation available The unit mix is particularly attractive. The supplied rent roll records multiple 2-bedroom, 2-bathroom units with two garages, several incorporating studies, plus two smaller 1-bedroom units and a caretaker unit that could potentially be converted into an additional rental income stream. The property also carries an agricultural dimension through its established pecan/walnut trees. The supplied 2025 grading documentation records 690 kg of graded produce with gross proceeds of R31,667.29, creating a genuine secondary revenue stream alongside the rental operation. From a future-growth perspective, the seller has approved building plans for the existing 12 units and an SDP supporting further expansion. The due-diligence material specifically identifies additional garages, drive-up storage, micro-warehousing or ancillary accommodation as potential options, all subject to the required approvals. Why Macadamia Valley deserves investor attention This is not vacant land with projected income. The buildings, tenants, garages, services and operating infrastructure are already there. At the new asking price of R10,700,000, the attraction is the combination of: existing cash flow + substantial land + 22 garages + agricultural income + further development potential. The surrounding Andeon rental market currently shows 2-bedroom units commonly advertised around R7,000 to R8,550 per month, supporting the argument that there remains scope to optimise rentals over time rather than relying solely on capital expansion. Private Property Viewing Serious investors are invited to arrange a private viewing. Full rent roll, financial information, approved plans, municipal information, compliance documentation and supporting due-diligence records can be made available to qualified purchasers. Exclusive Mandate | Kingdom Real Estate Asking Price: R10,700,000