Save
Notify Similar
R699,000

1 bedroom apartment for sale in Olivedale

1 Bed
1 Bath
43m²
Pool
Investment Opportunity: Tenant-occupied Apartment At Olivedale Retirement Village

Seize this exceptional investment opportunity at Olivedale Retirement Village, a prime location where luxury and comfort meet tranquility and convenience.

This stylish 1-bedroom, 1-bathroom apartment, complete with an open plan kitchen and living area, is situated in the main building of the estate, offering breathtaking views from the balcony. Currently, there is a tenant in place, ensuring immediate rental income for savvy investors.

Property Highlights:

Spacious Living: The apartment features a generous bedroom and a well-appointed bathroom with a modern shower, ensuring comfort and relaxation for residence.

Open Plan Layout: The fully equipped kitchen seamlessly integrates with the inviting living room, creating a sense of openness and comfort.

Balcony Views: Enjoy stunning views from the balcony, adding to the appeal for potential tenants.

Estate Amenities:

Heated Pool: A sparkling heated pool perfect for relaxation and socializing.

Onsite Restaurant & coffee shop: Convenient dining options with a variety of culinary delights.

Health and Wellness: Frail care facilities and an onsite nurse ensure professional care is readily available.

Beauty and Grooming: Hair salon and beauty salon services are available within the estate.

Tuck Shop: Onsite tuck shop for everyday essentials.

Library: A well-stocked library for those who enjoy reading and learning.

Secure Living: 24/7 security and a supportive community provide peace of mind for tenants and much more.....

Located within the serene Olivedale area, this estate offers a tranquil environment surrounded by lush greenery, making it a highly desirable location for retirees.

Investment Benefits:

Immediate Rental Income: With a tenant already in place, start earning rental income from day one.

High Demand: The amenities and secure living environment make this property highly attractive to retirees, ensuring consistent demand. High demand for rentals in the retirement estate sector.

Growth Potential: As a part of a vibrant retirement community, the property promises long-term appreciation and stability.

Don't miss out on this fantastic investment opportunity. Contact us today to arrange a viewing and secure your future in real estate!

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Building Size
43m²
Living Area
1
Pool
Yes
Reference
7002001-59312
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R7,214
Home loan repayment
R7,214
Utilities
Enter your estimated monthly utility costs for a property like electricity & water, this will be added to your total estimated monthly costs. This is saved and displayed on other listings you browse.
R0
Property history
Listed for sale at R699,000
17 Jan 2025
Get to know Randburg
Residential property for sale in the Randburg area can be classified into houses, townhouses, clusters, flats, apartments, small holdings and vacant land. The large variety of property available in the area means that Randburg and its suburbs have seen a steady growth in property sales.
By clicking on "contact" you agree to our privacy policy
Contact Agent
MP home loans expert Michael-Anne
Get expert home loan assistance with Michael-Anne
Ask me a question
What will my building insurance cost?
Get an instant building insurance quote for this 1 bedroom property in Olivedale
Get my price
Cover powered by
Authorised FSP
What will my move cost?
Calculate your moving costs to Olivedale with the help of our moving partners.
Get quotes
Moving powered by
Property questions?
Get quick answers about buying, selling, renting, and more from our AI powered real estate bot
Residential
House
Townhouse
Apartment, Penthouse
Retirement Village
Vacant Land
Agricultural
Farm
Small Holding
Vacant Land
Commercial
Office, Retail, Mixed Use
Industrial
Vacant Land
Hospitality