R600,000
Monthly Bond Repayment R6,295.53
Calculated over 20 years at 11.25% with no deposit.
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Monthly Levy
R1,500
R1,500
Monthly Rates
R800
R800
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!
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!
Features
Pets Allowed
No
Interior
Bedrooms
0.5
Bathrooms
1
Kitchen
1
Reception Rooms
0.5
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
Yes
Sizes
Floor Size
45m²
Machelle Henning-Walker
Principal Registered with PPRA(FFC 2023222997) Show number View my listings WhatsApp