2bedroom 1 bathroom 1st floor apartment for sale

ZAR 669,300
  • 2 Bedrooms
  • 1 Bathroom
  • ~54 m² Living area
  • ~54 m² Plot surface

Description

High-Yield First Floor Investment Opportunity in Edenvale: 11.32% Net ROI! Secure a modern, centrally located 1st-floor apartment in a sought-after Edenvale complex. This 54m² unit maximizes cash flow while offering incredible upfront savings with zero transfer fees. Key Financial Details: * Purchase Price: R669,300 * Massive Savings: NO Bond, Transfer, or Registration Fees! * Securing Deposit: Only R2,500 * Monthly Rental Income: R7,300 * Monthly Property Levies: R985 * Projected Returns: 13.09% Gross Yield | 11.32% Estimated Net ROI Property Features: * Layout: 1st-floor 54m² apartment (Not pet-friendly) * Bedrooms: 2 Spacious, fully tiled bedrooms with fitted built-in cupboards * Bathroom: 1 Modern bathroom equipped with both a shower and a bath * Living Area: Tiled, open-plan lounge and kitchen with a 4-plate electric hob and oven * Utilities: Pre-paid electricity, billed water, Fibre-ready, and DSTV-ready * Parking: Reserved covered parking bay Complex & Security Features: * Security: 24/7 manned security, biometric access, and electric fencing * 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 Don’t miss out on this high-return investment or perfect starter home. Book your viewing today! Disclaimer: Estimated returns are based on current market rental performance 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: ENV215501

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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Provider:

IHS Property Management (Pty) Ltd.

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

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