2 bedroom apartment on 1st floor with private balcony

ZAR 640,760
  • 2 Bedrooms
  • 1 Bathroom
  • ~52 m² Living area
  • ~52 m² Plot surface

Description

Modern 2-Bedroom Apartments for Sale – Active Tenanted Options Available This 52 m² first-floor apartment in the secure Candle Wood Crescent estate offers a streamlined buying opportunity with no bond or transfer costs, making it a highly practical starter home or an immediate, cash-flowing addition to your property portfolio. Pricing Options & Financials * First Floor Unit Price: R 640 760 * Market-Related Rental Income: R 7 650 per month * Estimated Gross Yield: 14.33% annual rental return * Estimated Net Yield: 11.59% after levies and rates * Monthly Property Levy: R 1 024 * Estimated Municipal Rates: R 435 * Immediate Savings: Zero bond costs, transfer costs, or registration fees * Secure Deposit: Only R 2 500 required * Turnkey Investor Perk: Active pre-tenanted unit options are available immediately * Utilities: Prepaid electricity meters with separate monthly billed water Interior Layout & Finishes * Living Area: Open-plan lounge connecting via sliding door to a balcony * Kitchen Styling: Durable granite counter tops with built-in cupboard space * Cooking Setup: 4-plate electric stove and oven pre-installed * Appliances: Dedicated under-counter washing machine connectivity point * Flooring: Fully tiled throughout for straightforward, long-term maintenance * Bathroom: Full bathroom layout featuring a separate shower enclosure * Connectivity: Fibre-ready and DSTV-ready infrastructure pre-installed Eco-Friendly Features & Estate Infrastructure * Green Status: EDGE green building certification for sustainable resource use * Energy Savings: Eco-friendly solar geysers to help reduce electricity costs * Power Setup: Infrastructure supplemented by solar water and electrical panels Security & Complex Amenities * Guards: 24-hour physical security presence with active patrolling guards * Surveillance: Electric fencing and CCTV cameras monitoring the entrance gate * Recreation: Communal swimming pool and large estate lapa * Entertaining: Designated communal braai areas for resident use * Parking: 1 dedicated covered parking bay allocated per apartment unit * Guests: Ample designated visitor parking bays across the complex * Pet Policy: Please note this estate is strictly not pet friendly Prime Location & 10-Minute Proximity * Highway Access: Quick, direct access to the N17, N3, N12, and R21 highways * Transit Routes: Situated right on established, convenient public transport routes * Airport Link: Positioned just 10 minutes away from O.R. Tambo International Airport * Shopping: Minutes from regional hubs including East Rand Mall and Carnival Mall * Entertainment: 10 minutes to Carnival City, Emperors Palace, and Wild Waters * Healthcare: Just 10 minutes away from Tambo Memorial Hospital * Business: 10 minutes to Birchwood Hotel and Conference Centre * Education: Very close to local schools, nurseries, and the Damelin campus Whether you want to step onto the property ladder with massive upfront savings on fees, or acquire a turnkey investment with an impressive 11.59% net yield active from day one, these first-floor units deliver immediate value. Contact me today to schedule your viewing of the available units in Candlewood Crescent!
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Engel & Völkers DDP Candlewood Crescent

Your advisor: Liezl Venter

Property ID: ENV215613

Property details
  • Object type

    Flat

  • Bedrooms

    2

  • Bathrooms

    1

  • Parking spaces

    1

  • Living area

    ~52 m²

  • Plot surface

    ~52 m²

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Engel & Völkers DDP Candlewood Crescent

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License partner of Engel & Völkers Southern Africa (Pty) Ltd.

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