2 Bedroom Apartment / Flat For Sale in Robindale

10.45% net yield. R9,100 a month in rent against R775,000, after the levies and rates the owner carries.

The 12-month lease started 1 September 2026 and runs to 31 August 2027. The tenant pays the security levy, water, electricity, sewerage and refuse directly. The owner carries the admin levy of R1,762, the reserve fund levy of R195.87, the CSOS levy of R25.26 and rates of R369.06 - R2,352.19 out against R9,100 in, or R6,747.81 net a month. Income from the day of transfer, with no letting to arrange and no vacancy to fund.

At R775,000 no transfer duty is payable. Bond registration and conveyancing only.

75 m² on the first floor. Two bedrooms, two bathrooms with the main en suite, open-plan kitchen, lounge and dining, private balcony, built-in cupboards throughout and a linen cupboard. Intercom and a fibre access point. Two parkings - carport plus visitors' bays.

Robin Village has an active body corporate, a pool, clubhouse, braai area and a children's play area. No pets permitted.

The lease means this is an investment purchase until September 2027, not an owner-occupier one.

Robindale sits between Ferndale and Northcliff in Randburg. Robindale Spar is the local shop; Ferndale on Republic and Cresta Shopping Centre carry the rest. Robin Hills Primary, Randburg High School and UNIKA are all in the suburb. Republic Road and Malibongwe Drive are the through routes to the N1.