- 2
- 1
- 1
- 82 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 953.00
Monthly Levy: ZAR 1563.28
Property description
MODERN TOP-FLOOR APARTMENT | SOLE MANDATE | EXCELLENT INVESTMENT OPPORTUNITY
Sole Mandate
Discover comfortable, low-maintenance living in this well-positioned 2-bedroom, 1-bathroom top-floor apartment in the sought-after Lavender Close complex, conveniently located close to Olympus and surrounded by a host of amenities.
The apartment offers a practical layout with a comfortable lounge flowing onto a private balcony, creating a pleasant space to relax or enjoy your morning coffee. The kitchen is well positioned for easy everyday living, while the two bedrooms provide comfortable accommodation for a small family, couple or professional tenant.
The property includes one garage, adding valuable secure parking and convenience.
Investment Opportunity
Currently generating R8,000 per month in rental income, the property is leased until the end of December, making this an attractive opportunity for investors looking for an income-producing property.
There is potential to extend the existing lease, with an anticipated rental increase to approximately R8,500 - R8,900 per month, subject to agreement and market conditions.
Property Costs:
- Rates: R953 p/m
- Levies: R1,563.28 p/m
- Current rental income: R8,000 p/m
- Potential rental: R8,500 - R8,900 p/m
- Lease expiry: End of December
- 1 Garage
- Top-floor unit
- Sole Mandate
Whether you're looking for a solid investment with rental potential or a comfortable home in a convenient location, this apartment offers an excellent opportunity in the Lavender/Olympus area.
Viewings by appointment. Contact me today to arrange your private viewing.
Property Details
- 2 Bedrooms
- 1 Bathrooms
- 1 Garages
- 1 Lounges
Property Features
- Balcony
- Security Post
- Access Gate
| Bedrooms | 2 |
| Bathrooms | 1 |
| Garages | 1 |
| Floor Area | 82 m2 |
