Menlyn Maine Residences exterior render

Menlyn Maine Investment Holdings · Pretoria

Menlyn Maine Residences

Apartments inside Africa's first green mixed-use city.

Price from
R 1 195 000
Gross yield
8.9% gross / 6.9% net
Projected ROI
11.8% p.a. blended
Completion
Q2 2027 (Phase 4)

Overview

Green City Apartments in Aramist Avenue, Menlyn Maine, Pretoria

Menlyn Maine is Africa's first registered green city — a 315 000 m² precinct of offices, retail, hotels and residences built to LEED standards. Residences sit above Central Square, with restaurants, a gym and Menlyn Park Shopping Centre within walking distance.

  • Africa's first green city — LEED-registered precinct
  • Central Square retail and restaurants at street level
  • Adjacent to Menlyn Park, SA's largest shopping centre
  • Government, diplomatic and corporate tenant base
  • Lowest entry price of PrimeStone's premium portfolio

Construction

64%

Phase 4 under construction

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Unit schedule

Prices, sizes and returns

Unit typeSizePriceDepositMonthly bondTermEst. rentalROI
Studio30 – 36 m²R 1 195 000R 120 000R 11 300240 months (20-year bond)R 9 500 pm9.5% gross
1 Bedroom46 – 58 m²R 1 650 000R 165 000R 15 600240 months (20-year bond)R 12 800 pm9.3% gross
2 Bedroom76 – 92 m²R 2 650 000R 265 000R 25 000240 months (20-year bond)R 19 800 pm9.0% gross
3 Bedroom118 – 140 m²R 4 150 000R 415 000R 39 200240 months (20-year bond)R 29 500 pm8.5% gross

Bond repayments modelled at the current South African prime rate of 11.25% over 20 years. Figures are indicative and subject to bank approval.

Payment plan

Staged developer instalment plan

Deposit

15% deposit split over the first three months

During construction

25% in equal quarterly instalments linked to construction milestones (slab, topping-out, facade)

On completion

60% on transfer, bond registration and occupation

Bond finance

Up to 100% bonds available for South African residents; 50% LTV for non-resident buyers

Instalments are interest-free and held in a Section 78(2A) attorney trust account.

Investment analysis

Model your return

Gross rental yield
9.54%
Net rental yield
7.44%
Net annual income
R 88 920
Cash invested
R 119 500
Value in 5 years
R 1 599 180
5-yr return on equity
710%

Assumes 22% of gross rental absorbed by levies, rates, management and vacancy. Illustrative only — not financial advice.

Gallery

Renders, interiors and site progress

Programme

Construction timeline

  1. Completed

    Land acquisition & rights approved

    Complete

  2. Completed

    Bulk earthworks & piling

    Complete

  3. Completed

    Basement & podium structure

    Complete

  4. Programmed

    Superstructure & topping out

    Scheduled

  5. Programmed

    Facade, glazing & fit-out

    Scheduled

  6. Q2 2027 (Phase 4)

    Practical completion & transfer

    Scheduled

Amenities & location

What surrounds the building

Amenities

  • 24/7 manned security & biometric access
  • Backup power and water infrastructure
  • Rooftop infinity pool & sun deck
  • Fully equipped fitness studio
  • Co-working lounge and boardroom
  • Concierge and parcel management
  • Fibre-ready throughout
  • Secure basement parking
  • Landscaped podium gardens
  • Pet-friendly policy

Schools

  • Pretoria Boys High (7 km)
  • Cornwall Hill College (9 km)
  • Southdowns College (5 km)

Healthcare

  • Life Groenkloof (6 km)
  • Netcare Pretoria East (3 km)
  • Mediclinic Midstream (12 km)

Retail

  • Menlyn Park Shopping Centre (1 km)
  • Menlyn Maine Central Square (400 m)
  • Brooklyn Mall (6 km)

Transport

  • Hatfield Gautrain (7 km)
  • N1 Atterbury interchange (2 km)
  • Pretoria CBD (10 km)

FAQs

Common questions

Can foreign nationals buy at Menlyn Maine Residences?

Yes. Non-residents may purchase South African property in their own name. Funds must be introduced through an authorised dealer bank and recorded as foreign capital so proceeds can be repatriated on resale. Non-residents typically qualify for a 50% loan-to-value local bond.

What is payable in addition to the purchase price?

New off-plan developments carry no transfer duty — VAT is included in the listed price. Buyers pay bond registration costs where a bond is raised, plus a first levy contribution and municipal deposit on occupation.

When is occupation expected?

Practical completion and first occupation are programmed for Q2 2027 (Phase 4), subject to the standard construction contract provisions.

Is my deposit protected?

All deposits are held in a Section 78(2A) interest-bearing attorney trust account in the purchaser's favour until transfer, and the development is registered with the NHBRC.

Do you assist with letting after transfer?

Yes. PrimeStone Rentals offers a full letting and management mandate covering tenant placement, compliance and monthly reporting at 8% of gross rental.