R770,000
Monthly Bond Repayment R7,558.65
Calculated over 20 years at 10.25% with no deposit.
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Monthly Levy
R2,578.21
Monthly Rates
R523.37
Investors Choice
This property listing highlights a solid investment opportunity, particularly for those looking for a "lock-up-and-go" rental asset in a high-demand area like Midrand.
Here is a breakdown of the key features and why this unit stands out:
Property Overview
• Type: First-floor unit in a low-maintenance face brick complex.
• Layout: Open-plan kitchen, dining, and lounge area leading to a private balcony.
• Bedrooms: Spacious bedrooms (units in this area typically feature 1 or 2).
• Bathroom: Full bathroom (includes both shower and bathtub).
• Parking: Dedicated carport plus ample visitors' parking.
Investment Highlights
• Immediate ROI: The unit already has a reliable tenant in place, ensuring cash flow from day one without the need for marketing or vetting.
• Low Overheads: Face brick exteriors significantly reduce long-term maintenance costs and keep levies more stable compared to plastered buildings that require frequent painting.
• Security: High-level protection with 24-hour physical security, strict access control, and CCTV monitoring.
Location & Lifestyle
The property is positioned in a "sweet spot" for young professionals and commuters:
• Transport: 5-minute walk to the Gautrain Bus station, providing easy access to Sandton, Pretoria, and the airport.
• Retail: Less than a 10-minute walk to Carlswald Lifestyle Shopping Centre, which hosts major retailers, gyms, and restaurants.
• Amenities: On-site braai facilities and a kids' play area make it attractive for a wider range of potential tenants.
Note: If you are interested in viewing this property or discussing the rental yield, you should contact Bobby, the Midrand Specialist, as mentioned in the listing.
