RM Realtors Logo
You are here: RM Realtors / Residential / For Sale / Sandton / Witkoppen / Sectional Title / 0.5 Bedroom Sectional Title For Sale in Witkoppen

R600,000 | 0.5 Bedroom Sectional Title For Sale in Witkoppen

SHOWING LISTING 1 OF 1
GET EMAIL
ALERTS
0
VIEW MY
FAVOURITES
GALLERY

R600,000

Monthly Bond Repayment R6,295.53
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,500
Monthly Rates
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!

Features

0.5
1
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
1
Disclaimer:  While every effort will be made to ensure that the information contained within the RM Realtors website is accurate and up to date, RM Realtors makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.