2 Bedroom Apartment For Sale at Abbotsbury in Morningside - R1,239,900

Sole and Exclusive

Calling all Investors.

This well maintained, two-bedroom, two-bathroom, middle floor apartment in the heart of Morningside is ideal for investors seeking a secure, long-term rental income. The property is currently tenanted with a new lease extension commencing on 1 November at R12,300 per month. Current rental is R11500. Please note, the lease is fixed and cannot be cancelled, making this investment suitable only for buyers intending to retain the tenant.

The apartment boasts spacious living areas designed for comfort and functionality. The open-plan kitchen features granite countertops, ample cupboard space, and provisions for a single-door fridge plus two under-counter appliances. Adjacent to the kitchen is a generous living and dining area with a cozy fireplace, flowing seamlessly onto a private patio, perfect for relaxation or entertaining guests.

Both bedrooms are well-sized with abundant natural light and built-in cupboards. The main bedroom includes an en suite bathroom with a bath, while the second bathroom offers a shower, catering well to family living or visiting guests.

Situated within a secure, well-maintained complex with 24-hour guarded security, residents enjoy peace of mind in a highly sought-after Morningside location. The apartment is within walking distance of Benmore Shopping Centre and conveniently close to Crawford School, Morningside Clinic, Investec, and Sandton CBD.

This property presents an excellent investment opportunity with immediate rental income from transfer. Whether you seek a prime location home or a turnkey investment with an existing tenant, this apartment delivers outstanding value.