R 1 100 000
calculate bond costs

2 Bed Apartment in Craigavon

2 2 1 77 m² 77 m²

Investment Opportunity Modern First-Floor Apartment with Tenant in Place at Cedar Acres Estate

Unlock steady rental income with this well-maintained, investment-ready apartment in Cedar Acres Estate, Craigavon. A sought-after choice for tenants, this property combines modern finishes with practical amenities, ensuring ongoing demand and hassle-free management.

Unit Highlights:

Main Bedroom: Laminate flooring, ample built-in cupboards, and a spacious full en suite bathroom.

Second Bedroom: Also features laminate flooring and built-in cupboards, adjacent to a second bathroom with shower, WC, and vanity.

Living Space: Tiled, with a built-in workstation and air conditioning a bonus for remote-working tenants.

Kitchen: Equipped with an electric hob, extractor fan, and space for two under-counter appliances, enhancing tenant convenience.

Open-Plan Living: The apartment features an open-plan dining and living room area with tiled floors, leading out to a private balcony, perfect for entertaining or relaxation.

Private Balcony: Adds value for tenants, providing outdoor space for relaxation.

Additional Features include a 250L backup water tank, piped directly into the unit, ensures uninterrupted supply and added convenience.

One assigned covered parking bay with ample visitor parking for guest convenience.

Tenant Information: A tenant is secured until 1 September 2025, ensuring immediate rental returns of R10,000 per month. Utility costs (electricity, water, and effluent) are pre-paid and borne by the tenant, reducing management overheads.

Estate Amenities & Security: Cedar Acres Estate offers an attractive lifestyle with premium facilities including a clubhouse with a pool, braai areas, kids'' play space, central gardens, and a tennis court. The estate is fully access-controlled, with vigilant 24-hour security and CCTV, enhancing tenant appeal and peace of mind.

Location Advantage: Positioned near Cedar Square, Fourways Mall, and Fourways Life Hospital, with quick access to major transport routes, making it an ideal choice for professionals and families alike.

Investment Benefits:

Turnkey Investment: Immediate rental income with a lease in place.

Strong Tenant Demand: Ideal for long-term leasing.

Low Maintenance: Modern finishes and pre-paid utilities handled by the tenant.

This property is a smart investment, offering steady returns in a high-demand location within a reputable estate. Dont miss the chance to add a prime rental asset to your portfolio in thriving Craigavon. Regret no pets

Property details

  • Listing number T4859471
  • Property type Apartment
  • Erf size 77 m²
  • Floor size 77 m²
  • Rates and taxes R 744
  • Levies R 1 689

Property features

  • Bedrooms 2
  • Bathrooms 2
  • Lounges 1
  • Dining Areas 1
  • Covered Parkings 1
  • Balcony
  • Pool
  • Security Post
  • Garden
  • Aircon

Photo gallery