R 1,195,000

TOP FLOOR INVESTMENT OPPORTUNITY WITH PROVEN RENTAL POTENTIAL


1
Bedrooms
1
Bathrooms
2
Parking
0
Garages
74m2
Floor Size

TOP FLOOR INVESTMENT OPPORTUNITY WITH PROVEN RENTAL POTENTIAL

Whether you're adding to your investment portfolio or purchasing your first buy-to-let property, this top-floor 1-bedroom, 1 bathroom apartment offers an excellent opportunity with a proven rental history. The current tenant is paying **R8,500 per month**, providing a realistic indication of the rental income a new owner could expect. The property will be transferred with vacant occupation.

Positioned on the top floor, the apartment enjoys excellent natural light, added privacy, and no neighbours above, features that are consistently attractive to tenants.

One of the home's standout features is its exceptionally spacious patio. Extending the full length of the lounge and wrapping around to the main bedroom, it offers considerably more outdoor living space than is typically found in apartments of this size and price range.

Inside, the open-plan living area is enhanced by a stylish marble feature wall. The kitchen and bathroom are fitted with blinds, while the bathroom offers both a freestanding bath and a separate shower.

Adding even more value, the apartment is being sold with a **washing machine, single-door fridge and microwave**, making it an attractive option for both investors and owner-occupiers.

For added convenience, both electricity and water are prepaid, simplifying utility management and making day-to-day living easy.

Investment Snapshot

* Asking Price: R1,195,000
* Current Rental: R8,500 per month
* Vacant occupation on transfer
* Washing machine, single-door fridge, and microwave included

Monthly Costs

* Levies: R1,254
* Reserve Fund Levy: R211
* Special Water Levy (until April 2029): R229
* Effluent: R890
* Rates: R755

Complex Features

* Fully walled and secure complex
* Clubhouse and swimming pool
* Well-maintained communal areas
* No pets permitted

Whether you're looking for a low-maintenance investment with proven rental appeal or a stylish place to call home, this top-floor apartment offers excellent value, generous outdoor living space, and a sought-after secure lifestyle.

Contact Cindi to arrange your private viewing or request additional information.


Property overview

Rates
R 755
Levy
R 1,254
Special Levy
R 440
Floor Size
74 m2
Property Ref
P1589632

What this place offers


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Cindi Brummer
• S H A R E •
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