R 1,150,000

R 1,150,000

An outstanding turnkey investment opportunity for buy-to-let investors seeking immediate returns.
2
Bedrooms
2
Bathrooms
Active

An outstanding turnkey investment opportunity for buy-to-let investors seeking immediate returns.

Web Ref. MPLS-5765
Floor size 96 m²
Monthly Bond Repayment
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This modern 2-bedroom, 2-bathroom apartment is already tenanted, providing instant rental income from transfer and reducing vacancy risk. Situated in a secure, high-demand rental node just minutes from Chilli Lane Shopping Centre, the location consistently attracts young professionals and corporate tenants looking for convenience and lifestyle.

The well-designed open-plan layout — combining lounge, dining area, and kitchen — enhances tenant appeal and supports long-term retention. The main bedroom features a full en-suite bathroom, while both bedrooms are generously sized with ample natural light, making the unit highly marketable in the two-bedroom rental segment.

Positioned on the top floor, the covered balcony adds desirable outdoor living space — a strong drawcard in today’s rental market. The apartment also includes a covered carport parking bay plus ample visitor parking, increasing practicality for tenants.

The complex itself strengthens the investment case with sought-after lifestyle amenities:

  • Clubhouse

  • Swimming pool

  • Braai area

  • Jungle gym

  • 24-hour guarded security

These features enhance tenant satisfaction and support stable occupancy rates.

With a tenant already in place and located in a proven rental hub, this property offers a low-hassle, income-generating addition to your portfolio with strong ROI potential.

Contact us today to discuss current rental income, lease details, and projected returns.

Features

Property Type Apartment
Listing Purpose Sale
Municipal Rates R 919
Pet Friendly Yes
Occupation On Transfer
En-Suites 1
Levy R 2274
Floor Size 96 m²
Property Tags
Top Floor Complex Security Complex

Rooms

Bedrooms 2
Bathrooms 2
Kitchen 1

Open plan with Breakfast nook

Lounges 1

Amenities

Parking Spaces 2
Swimming Pool Yes
Flatlet Yes

Amenities

Dining Room Family Tv Room Flatlet Swimming Pool Patio Built in Cupboards Security Gates Secure Parking Covered Parkings

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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.