1 Bedroom Apartment / flat for sale in Broadacres

Details

TOP FLOOR INVESTMENT OPPORTUNITY | TENANT RENEWING AT R8,880 PM Looking for a low-maintenance investment with a tenant who already wants to stay? This top-floor 1 bedroom, 1 bathroom apartment offers an attractive opportunity in a secure, well-managed complex. The current tenant is renewing her lease at R8,880 per month and intends to remain in the property, allowing a new owner to purchase with rental income already established. The top-floor position offers excellent natural light, privacy and the added benefit of having no neighbours above. One of the standout features is the generous patio, which runs the full length of the lounge and wraps around towards the bedroom. It provides significantly more outdoor living space than many apartments in this price range and is a real benefit for both tenants and future resale appeal. Inside, the open-plan living area features a striking marble feature wall, creating a stylish focal point in the lounge. The kitchen and bathroom are fitted with blinds, while the bathroom offers a freestanding bath and separate shower. The apartment also includes a washing machine, a single-door fridge, and a microwave, adding further value for an investor and making the property convenient for the existing tenant. Both electricity and water are prepaid, keeping utility management simple and helping the owner avoid exposure to tenant utility arrears. INVESTMENT SNAPSHOT • Asking Price: R1,150,000 • Current rental: R8,880 per month • Tenant renewing and intending to remain • Washing machine, single-door fridge and microwave included • Prepaid electricity • Prepaid water MONTHLY COSTS • Levy: R1,254 • Reserve Fund Levy: R211 • Special Water Levy: R229 (until April 2029) • Effluent: R890 • Rates: R755 COMPLEX FEATURES • Fully walled and secure complex • Clubhouse • Swimming pool • Access-controlled security • Well-maintained communal areas • No pets permitted This is a practical, low-maintenance investment with rental income already established, a tenant who intends to stay, and the added benefit of a spacious patio and top-floor position. Ideally positioned for easy access to Fourways` shopping, dining, entertainment and major transport routes. Contact Cindi to arrange a viewing or request the full investment figures.