1 Bedroom Apartment For Sale in Craighall Park - R730,000

- Sole and Exclusive Mandate -

This spacious and beautifully maintained first floor apartment offers an excellent investment opportunity with a reliable tenant already in place, currently paying R9,450 per month. Start earning rental income from day one without the cost, time and uncertainty of finding a new tenant.

The apartment has been thoughtfully upgraded and is in excellent condition. A spacious entrance hall flows into the bright and airy open plan living area, which opens onto a covered patio, creating a comfortable and inviting space.

The modern kitchen features sleek granite countertops, space for a single door fridge and one under counter appliance.

The generously sized bedroom offers ample built in cupboard space and is fitted with parquet flooring. The bathroom is fitted with a shower.

River Park is perfectly positioned just off Jan Smuts Avenue, offering quick access to Sandton, Rosebank, Hyde Park and Randburg. Despite its central location, this apartment faces away from the road, providing a peaceful and quiet environment. The complex is well maintained and offers a communal swimming pool, braai area and 24 hour security.

The apartment includes one secure underground parking bay. Permission for a second vehicle to park in the open visitors' parking can be obtained from the body corporate.

Whether you are expanding your property portfolio or purchasing your first investment, this is an opportunity to acquire a well located apartment with an established tenant already in place, providing immediate rental income and eliminating the vacancy period typically associated with new investments.

Monthly Costs

Levies

Basic Levy: R2,401.66

Reserve Levy: R293.34

Security Levy: R203.40

CSOS Levy: R38.03

Municipal Charges

Rates: R449.96

Refuse: R378.35

Total Municipal Charges: R828.31