R 3 000 000
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2 Bed Apartment in Sandown

2 2 1.1 ha 103 m²

Investor[removed]s Opportunity[removed] 2-Bedroom, 2-Bathroom Apartment for Sale at Sandton Skye [removed] R3,000,000

Investors Opportunity: 2-Bedroom, 2-Bathroom Apartment for Sale at Sandton Skye R3,000,000

This stylish 2-bedroom, 2-bathroom apartment at Sandton Skye is an investors dream, offering a high-end lifestyle with flexibility for long-term or short-term rentals. Priced at R3,000,000, this property comes with a current tenant generating R30,000 per month in rental income, promising immediate ROI and flexible earning potential.

ROI Calculation (Excluding Levies and Rates):

Monthly Rental Income: R30,000

Annual Rental Income: R30,000 x 12 = R360,000

Purchase Price: R3,000,000

Annual ROI: Approximately 12%

Why This Investment Stands Out:

1.Airbnb-Friendly The body corporate allows short-term rentals, giving you the flexibility to maximize profitability through platforms like Airbnb.

2.High Demand for Rentals Current tenants are leveraging Airbnb, ensuring high occupancy and consistent income.

3.Convertible Layout The apartment can be split into two units: a full 1-bedroom and a studio, perfect for subletting individually or as a whole. This flexibility also allows long-term rental options for two separate tenants, maximizing rental income potential.

Unmatched Location & Amenities:

Sandton Skye is located in the heart of Sandton, just minutes from the Sandton City Mall, Nelson Mandela Square, and the Gautrain Station, putting you at the center of luxury shopping, dining, and business hubs. Residents enjoy premium facilities such as:

24/7 concierge and security

On-site restaurant and cocktail bar

Fully equipped gym and outdoor pool

Spa and wellness center for ultimate relaxation

Seize This Investment Opportunity!

With strong rental income, unmatched location, and high demand for flexible rental options, this Sandton Skye apartment is a prime choice for savvy investors. Dont miss out on this propertys versatile income potential contact us today to make it yours!

Property details

  • Listing number T4867281
  • Property type Apartment
  • Listing date 14 Nov 2024
  • Land size 1.1 ha
  • Floor size 103 m²

Property features

  • Bedrooms 2
  • Bathrooms 2
  • Lounges 1
  • Dining areas 1
  • Pool
  • Security post
  • Garden

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