2 Bedroom Apartment / Flat For Sale in Olympus AH
Description
MODERN TOP-FLOOR APARTMENT | SOLE MANDATE | EXCELLENT INVESTMENT OPPORTUNITY
Discover comfortable, low-maintenance living in this well-positioned 2 bedroom, 1 bathroom top floor apartment in the sought-after Lavender Close complex, conveniently located close to Olympus and surrounded by a host of amenities. The apartment offers a practical layout with a comfortable lounge flowing onto a private balcony, creating a pleasant space to relax or enjoy your morning coffee. The kitchen is well positioned for easy everyday living, while the two bedrooms provide comfortable accommodation for a small family, couple or professional tenant. The property includes one garage, adding valuable secure parking and convenience.
Investment Opportunity: Currently generating R8,000 per month in rental income, the property is leased until the end of December, making this an attractive opportunity for investors looking for an income-producing property.
There is potential to extend the existing lease, with an anticipated rental increase to approximately R8,500 - R8,900 per month, subject to agreement and market conditions.
Property Costs:
- Rates: R953 p/m
- Levies: R1,563.28 p/m
- Current rental income: R8,000 p/m
- Potential rental: R8,500 - R8,900 p/m
- Lease expiry: End of December
- 1 Garage
- Top-floor unit
- Sole Mandate
Whether you're looking for a solid investment with rental potential or a comfortable home in a convenient location, this apartment offers an excellent opportunity in the Lavender/Olympus area. Viewings by appointment. Contact me today to arrange your private viewing.
