0.5 Bed House in Witkoppen

0.5 1 1 45 m²

Studio Apartment in Cedar Lofts

This investment opportunity presents a well-maintained studio apartment that is perfect for those looking to expand their real estate portfolio with immediate returns. Here''s a breakdown of the key details:

Investment Overview:

Location: Ceder Lofts on Willow Road, Fourways, just off Witkoppen.

Current Tenant: On a 12-month lease, paying R6000.00 per month.

Lease Expiry: 30 September 2025, providing flexibility for the new owner or the option to continue the rental arrangement.

Tenant Status: Tenant has a strong payment history and is in good standing.

Property Features:

Type: Modern and spacious studio loft apartment.

Floor Plan: Open-concept, designed for urban living with large windows allowing natural light to fill the space.

Private Garden: Offering exclusive outdoor space for tenants.

Amenities: Clubhouse, pool, and 24-hour security.

Proximity: Close to business centers, shopping, and entertainment in the Fourways area.

Why This is a Smart Investment:

Immediate Rental Income: The property already has a tenant, providing instant cash flow.

Stability: This is a low-maintenance property, ideal for investors seeking consistent rental income.

Potential for Rent Growth: With the lease renewal, there could be an opportunity to increase rent depending on market conditions.

Well-Maintained Property: The apartment is in great condition, meaning minimal upfront capital expenditure for the new owner.

Whether you''re a seasoned investor or new to the market, this property offers an excellent opportunity for reliable and long-term income. For more information or to schedule a viewing, feel free to contact us today!

Property details

  • Listing number T4575102
  • Property type House
  • Listing date 27 Mar 2024
  • Floor size 45 m²
  • Rates and taxes R 800
  • Levies R 1 500

Property features

  • Bedrooms 0.5
  • Bathrooms 1
  • Lounges 0.5
  • Covered parking 1
  • Patio
  • Pool
  • Security post
  • Garden

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