2 Bed Apartment in Allandale

2 1 1 56 m²

Capture this opportunity and SAVE R100K! Embrace the evolving market trends by investing in this exceptional property located in the vibrant heart of Midrand. Revel in an impressive 12.5% ROI, complete with assurance of a guaranteed first tenant and round-the-clock security. With full occupancy of the complex for the past 5 years, this investment stands as a remarkable low-risk venture. Seize the moment and enjoy an added incentive of a R36K discount when you act NOW. Dont let this chance slip away Properties are selling FAST!

But that''s not all! When you choose San Ridge Heights, you also gain access to a range of on-site lifestyle amenities, including:---- jungle gym and kids'' play area, laundromat, open-air gym with a jogging trail and kiosk.

Selling price: Was R835 000 Now selling for R799 000 - save R36k.

Monthly bond repayment: R8 000

Levies: R1423

Bond registration fees: (included) save R30k.

Transfer costs: (included) save R30k.

Expected rental income: R7450 pm, expected to increase with 5% per year.

Property details

  • Listing number T4738004
  • Property type Apartment
  • Listing date 6 Aug 2024
  • Floor size 56 m²
  • Rates and taxes R 1 423
  • Levies R 627

Property features

  • Bedrooms 2
  • Bathrooms 1
  • Lounges 1
  • Covered parking 1
  • Access gate
  • Balcony
  • Security post
  • Kitchen
  • Garden
  • Electric fencing

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