This well-priced 2-bedroom, 1-bathroom apartment in Amber Bluff, North Riding, is a rare find at just R690,000—significantly below market value! Similar properties in the area typically sell for R730,000 – R780,000, making this an excellent opportunity for investors or first-time buyers. With a motivated seller and a reliable tenant already in place, this property offers immediate rental income and a strong potential for future appreciation.
Investment Details:
Current Rental: R7,200 per month (excluding electricity)
Lease End Date: 31st May 2025
Prime Location:
Ideally situated with easy access to major shopping centers, schools, and business hubs, including:
Decopark, Pick n Pay, Berliners Butchery Northlands Corner, and Bellairs Shopping Centre
Cooper College and Sharonlea Primary
Fourways, Sandton, Randburg, and the N1 off-ramp
Property Features:
Spacious kitchen with space for two wet appliances
Tiled bedrooms for a sleek, modern look
1 covered carport plus ample visitors’ parking
Communal pool and clubhouse for relaxation and socializing
Secure complex with a 24-hour guard and advanced access control
Monthly Costs:
City of Johannesburg Property Rates: R352.07
PIKITUP Refuse: R334.65
Levies: R1,684.00
Reserve Levy: R80.00
CSOS Levy: R23.68
Effluent: R704.47
Electricity: ±R632.82
Transfer Costs:
On the purchase price of R650,000: R26 271,75
This is an unbeatable opportunity to secure a fantastic property at a great price. Don’t miss out—schedule your viewing today!
