Ideal Investment Opportunity – Tenant in Place!
This 2-bedroom, 1-bathroom apartment in Amber Bluff, North Riding, is priced to sell at R690,000—well below market value, with similar properties typically selling for R720,000 – R750,000. The seller is highly motivated, making this a fantastic opportunity for investors or first-time buyers.
Investment Details:
-Current Rental: R7,140 per month (excluding electricity)
-Lease End Date: 30 April
Transfer Costs:
-On the purchase price of R650,000.00: R26 271,75
Prime Location:
Conveniently located with easy access to Decopark, Pick n Pay, Berliners Butchery Northlands Corner, Bellairs Shopping Centre, Cooper College, Sharonlea Primary, Fourways, Sandton, Randburg, and the N1 offramp.
Features:
-Spacious kitchen with room for two wet appliances
-Carpeted bedrooms for added comfort
-1 covered carport plus ample visitors' parking
-JoJo tank for common area irrigation, with potential use for toilet flushing
-Secure complex with 24-hour guard and access control system for visitors and contractors
Monthly Costs:
-City of Johannesburg Property Rates: R295.04
-PIKITUP Refuse: R265.65
-Levies: R1,189.34
-CSOS Control Account: R13.79
-Electricity: ±R504.45
-Levy Security: R250.00
-Meter Reading Fee: R15.55
Don’t miss out—schedule a viewing today!
