Modern 2-Bed Apartments for Sale: Ground, 1st & 2nd Floors Available (No Transfer Fees)

ZAR 659,600
  • 2 Bedrooms
  • 1 Bathroom
  • ~54 m² Living area
  • ~54 m² Plot surface

Description

High-Yield Investment Portfolio Opportunity in Edenvale: Up to 11.32% Net ROI! Secure a modern, centrally located 54m² apartment in a sought-after Edenvale complex. Perfect for first-time buyers, young professionals, or smart investors wanting immediate rental returns with NO Bond, Transfer, or Registration Fees! 1. Choose Your Unit & Return Profile Select the option that best fits your portfolio or lifestyle needs. * Ground Floor Unit (Prime Convenience) * Purchase Price: R688,700 * Estimated Monthly Rent: R7,400 (R88,800 annually) * Net Operating Income: R76,980 annually * Projected Returns: 12.89% Gross Yield | 11.18% Estimated Net ROI * First Floor Unit (Highest Return Profile) * Purchase Price: R669,300 * Estimated Monthly Rent: R7,300 (R87,600 annually) * Net Operating Income: R75,780 annually * Projected Returns: 13.09% Gross Yield | 11.32% Estimated Net ROI * Second Floor Unit (Lowest Entry Price) * Purchase Price: R659,600 * Estimated Monthly Rent: R7,200 (R86,400 annually) * Net Operating Income: R74,580 annually * Projected Returns: 13.10% Gross Yield | 11.31% Estimated Net ROI Standout Features & Complex Amenities Every modern unit across all three floors delivers the exact same low-maintenance, high-quality finishes: * Upfront Savings: Only R2,500 securing deposit required. * Interior Spaces: 2 Spacious tiled bedrooms with fitted built-in cupboards (BIC). * Living & Kitchen: Open-plan lounge and kitchen with a 4-plate electric hob and oven. * Bathroom: 1 Modern bathroom equipped with both a shower and a bath. * Utilities & Tech: Pre-paid electricity, billed water, Fibre-ready, and DSTV-ready. * Parking & Pet Policy: Reserved covered parking bay. No pets allowed. * Complex Security: 24/7 manned security, electric fencing, and biometric access control. * Complex Leisure: Communal braai areas and ample visitor parking. Prime Central Location & Proximity * Shopping: Eden Mall (0.25 km) * Schools: Close to Dowerglen High School * Healthcare: MediCross Edenvale (0.96 km) and Edenvale Hospital (3.9 km) * Leisure & Civic: Civic Centre (800 m) and Glendower Golf Club (4.7 km) * Travel: Emperors Palace (13 km) and quick access to O.R. Tambo Airport [8] Don’t miss out on these incredible savings and high-return investments. Contact me to book your viewing. Disclaimer: Estimated returns are based on market rental projections and exclude municipal rates, taxes, and individual unit upkeep.
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Engel & Völkers DDP 67 on 7th

Your advisor: Liezl Venter

Property ID: ENV215530

Property details
  • Object type

    Flat

  • Bedrooms

    2

  • Bathrooms

    1

  • Living area

    ~54 m²

  • Plot surface

    ~54 m²

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Engel & Völkers DDP 67 on 7th

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IHS Property Management (Pty) Ltd.

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

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