R 2 799 000
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2 Bed Apartment in Sandown

2 2 5 971 m² 79 m²

Investor[removed]s Dream[removed] 2-Bedroom, 2-Bathroom Apartment for Sale at The Capital on The Park [removed] R2,799,000

Investors Dream: 2-Bedroom, 2-Bathroom Apartment for Sale at The Capital on The Park R2,799,000

Elevate your investment portfolio with this luxurious 2-bedroom, 2-bathroom apartment at The Capital on The Park in the heart of Sandton. While the property pictured showcases a similar unit on a high floor directly under the pool, please note that the available unit is located on the 1st floor, providing the same premium amenities and stylish layout.

Currently leased at R24,000 per month, this unit offers a steady stream of income with the added flexibility to rent directly through The Capitals hotel program, maximizing your ROI in a high-demand area.

ROI Calculation:

Monthly Rental Income: R24,000

Annual Rental Income: R24,000 x 12 = R288,000

Purchase Price: R2,799,000

Annual ROI: Approximately 10.3% (excluding levies and rates)

This attractive ROI, combined with Sandtons premium rental market, makes this property a lucrative addition to any investors portfolio.

Property Highlights:

1st Floor Unit with 2 Separate Entrances and an interleading doorideal for renting as two units or as one spacious suite

Option to Rent Through The Capital Maximize returns with flexible hotel management

Current Lease at R24,000/Month Immediate rental income guaranteed

Luxury Amenities at The Capital on The Park:

24/7 Concierge and Security for peace of mind

On-Site Restaurant and Bar Fine dining just steps away

Pool, Gym, and Spa World-class wellness facilities

Meeting Rooms and Co-Working Spaces Ideal for business professionals

Shuttle Services and Proximity to Gautrain Simplified travel and commuting

Prime Sandton Location

Located in Johannesburgs business hub, this property is near Sandton City, Nelson Mandela Square, top restaurants, and major offices, ensuring consistent demand from long-term tenants and short-term guests alike.

Maximize Your Investment

With flexible leasing options, a prime location, and a solid 10.3% ROI, this apartment at The Capital on The Park is an ideal investment. Contact us today to make this standout property yours!

Property details

  • Listing number T4867500
  • Property type Apartment
  • Listing date 14 Nov 2024
  • Land size 5 971 m²
  • Floor size 79 m²

Property features

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

Photo gallery