1 Bedroom Apartment in St Georges Park

Prime Investment Opportunity in St Georges Park

Overview:

Positioned conveniently on Upper Dickens Street in the highly sought-after suburb of St Georges Park, this sectional title unit presents an exceptional, hassle-free opportunity for savvy investors or first-time buyers alike. Offering outstanding rental stability and central convenience, this property is designed for effortless ownership.

Key Highlights & Features

The property offers 1 bedroom, 1 bathroom, kitchen and lounge.

Proven Rental Income: Currently generating R4,900 per month with an established long-term tenant.

Low-Risk Tenancy: Benefit from remarkable stability with 10 years of continuous occupancy by the current tenant currently operating on a flexible month-to-month lease agreement.

Streamlined Utility Management: Pre-paid electricity unit installed, allowing for easy consumption management.

Included Utilities: Water is conveniently included in the monthly levyrent structure.

Unbeatable Location: Situated on Upper Dickens Street, providing quick access to St Georges Hospital, local parks, top schools, public transport, and central business hubs.

Investor Summary

An ideal add-to-portfolio asset: With a long-standing, reliable tenant already in place and simplified utility management, this apartment offers immediate cash flow with minimal administrative overhead.

Whether you are looking to expand your real estate portfolio with a proven performer or secure a well-located entry-level home, this apartment is a standout choice in St Georges Park.