R1,100,000
R1,100,000
2 Bedroom Apartment For Sale in Craigavon
2
Bedrooms
2
Bathrooms
1
Parkings
No Transfer Duty
Ref. RLS971313
Land 77.00m²
Floor 77.00 m²
Monthly Repayment
R11,354.07
Charmaine Finniss
Charmaine Finniss Property Practitioner Seeff Sandton PPRA Registered | FFC 202401036402975
Monthly Levy R1,688.54
Monthly Rates R743.68
Total R2,432.22

Investment Opportunity Modern First-Floor Apartment with Tenant in Place at Cedar Acres Estate

Web Ref. RLS971313
Unlock steady rental income with this well-maintained, investment-ready apartment in Cedar Acres Estate, Craigavon. A sought-after choice for tenants, this property combines modern finishes with practical amenities, ensuring ongoing demand and hassle-free management.

Unit Highlights:
Main Bedroom: Laminate flooring, ample built-in cupboards, and a spacious full en suite bathroom.
Second Bedroom: Also features laminate flooring and built-in cupboards, adjacent to a second bathroom with shower, WC, and vanity.
Living Space: Tiled, with a built-in workstation and air conditioning – a bonus for remote-working tenants.
Kitchen: Equipped with an electric hob, extractor fan, and space for two under-counter appliances, enhancing tenant convenience.
Open-Plan Living: The apartment features an open-plan dining and living room area with tiled floors, leading out to a private balcony, perfect for entertaining or relaxation.
Private Balcony: Adds value for tenants, providing outdoor space for relaxation.

Additional Features include a 250L backup water tank, piped directly into the unit, ensures uninterrupted supply and added convenience.
One assigned covered parking bay with ample visitor parking for guest convenience.

Tenant Information: A tenant is secured until 1 September 2025, ensuring immediate rental returns of R10,000 per month. Utility costs (electricity, water, and effluent) are pre-paid and borne by the tenant, reducing management overheads.

Estate Amenities & Security: Cedar Acres Estate offers an attractive lifestyle with premium facilities – including a clubhouse with a pool, braai areas, kids' play space, central gardens, and a tennis court. The estate is fully access-controlled, with vigilant 24-hour security and CCTV, enhancing tenant appeal and peace of mind.

Location Advantage: Positioned near Cedar Square, Fourways Mall, and Fourways Life Hospital, with quick access to major transport routes, making it an ideal choice for professionals and families alike.

Investment Benefits:
• Turnkey Investment: Immediate rental income with a lease in place.
• Strong Tenant Demand: Ideal for long-term leasing.
• Low Maintenance: Modern finishes and pre-paid utilities handled by the tenant.

This property is a smart investment, offering steady returns in a high-demand location within a reputable estate. Don’t miss the chance to add a prime rental asset to your portfolio in thriving Craigavon. Regret no pets

Features

Interior
2 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
1 Parking (Carport)
Pool
Security
Sizes
Land Size 77 m²
Floor Size 77 m²
Additional Amenities
24 Hour Access
Guard House
Guard
Air Conditioner
Oven & Hob
Extractor Fan
Dishwasher Connection
Washing Machine Connection
Built in Wardrobes
Security Complex
Communal Braai Area
Tennis Court
Backup Water

Craigavon, Sandton

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Finance

Monthly Repayment
R0,00
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