2 Bedroom Townhouse For Sale in Waterfall

This neat and spacious 126sqm townhouse offers comfortable, low-maintenance living in a well-run complex in Waterfall. Ideal for couples, small families, investors or anyone looking for a peaceful and convenient suburban lifestyle.  

Property Features:

• Welcoming entrance hall - spacious enough to create a study or reading nook

• Well-equipped kitchen with generous cupboard space and room for a double-door fridge, dishwasher, washing machine and tumble dryer

• 2 well-sized bedrooms with natural light

• Modern, neatly finished bathroom

• Open-plan lounge and dining area with large sliding doors leading to the patio

• Private, well-maintained garden - perfect for relaxed outdoor living and pets

• Pet-friendly complex (up to 2 small/medium dogs with permission)  

Additional Extras:

• Lock-up garage with extra parking in front

• Ample visitor parking

• Excellent security: electric fencing, gated access, window bars and intercom system

• Wheelchair accessible
  

Investment and Lease Details:  

• Current Rental Income: R12,000 monthly. 
• Lease Terms: The property is currently tenanted under a fixed-term lease expiring March 2027, with an option to renew for an additional 1-year fixed term. 
• Buyer Options (Subject to Tenant Rights): 
• Investor: Acquire the property with an established tenant and guaranteed immediate cash flow until March 2027 (and potentially through the renewal period). 
• Owner-Occupier / Alternative Arrangements: While the existing lease remains legally protected, the option exists to negotiate a mutually agreed earlier termination date with the tenant, subject to the terms of the existing lease agreement and written consent of all parties. 
• Levy Includes: Building insurance, exterior maintenance, and complex upkeep.  

Enjoy the balance of comfort, security, and serenity in this charming Waterfall home. Call Bernie for a private viewing.