Investor’s Opportunity: 2-Bedroom, 2-Bathroom Apartment for Sale at Sandton Skye – R3,000,000
Investor’s Opportunity: 2-Bedroom, 2-Bathroom Apartment for Sale at Sandton Skye – R3,000,000
This stylish 2-bedroom, 2-bathroom apartment at Sandton Skye is an investor’s dream, offering a high-end lifestyle with flexibility for long-term or short-term rentals. Priced at R3,000,000, this property comes with a current tenant generating R30,000 per month in rental income, promising immediate ROI and flexible earning potential.
ROI Calculation (Excluding Levies and Rates): • Monthly Rental Income: R30,000 • Annual Rental Income: R30,000 x 12 = R360,000 • Purchase Price: R3,000,000 • Annual ROI: Approximately 12%
Why This Investment Stands Out: 1. Airbnb-Friendly – The body corporate allows short-term rentals, giving you the flexibility to maximize profitability through platforms like Airbnb. 2. High Demand for Rentals – Current tenants are leveraging Airbnb, ensuring high occupancy and consistent income. 3. Convertible Layout – The apartment can be split into two units: a full 1-bedroom and a studio, perfect for subletting individually or as a whole. This flexibility also allows long-term rental options for two separate tenants, maximizing rental income potential.
Unmatched Location & Amenities: Sandton Skye is located in the heart of Sandton, just minutes from the Sandton City Mall, Nelson Mandela Square, and the Gautrain Station, putting you at the center of luxury shopping, dining, and business hubs. Residents enjoy premium facilities such as: • 24/7 concierge and security • On-site restaurant and cocktail bar • Fully equipped gym and outdoor pool • Spa and wellness center for ultimate relaxation
Seize This Investment Opportunity! With strong rental income, unmatched location, and high demand for flexible rental options, this Sandton Skye apartment is a prime choice for savvy investors. Don’t miss out on this property’s versatile income potential – contact us today to make it yours!
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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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
