2 Bedroom Apartment in Cedar Lakes

For Sale Top Floor 2 Bed / 2 Bath Apartment in Terra Nova, Cedar Lakes

Price: R 950,000

Rates (monthly): R 824

Levies (monthly): R 1,920

Current rental potential: R 9,500 per month

Property Highlights:

Top-floor position within the secure and well-managed Terra Nova Complex at Cedar Lakes Estate offering privacy, elevated views and a quieter environment.

Two spacious bedrooms, each with convenient access to two bathrooms ideal for owners or tenants seeking flexibility.

Bright open-plan living area leading to a balcony (top floor)perfect for entertaining or relaxing with a view over the estates greenery.

Well-appointed kitchen with room for modern appliances and a good layout that flows into the living/dining space.

Secure parking plus visitor bays. The complex is gated and benefits from estate security, making this a strong investment or lifestyle purchase.

Excellent rental return potential: currently generating around R 9,500 p/m, which equates to strong yield given the purchase price.

The top floor unit typically draws a premium for views and light, making it attractive both for rental market and resale.

Cedar Lakes Estate is a desirable location, offering lifestyle amenities and strong demand in the rental market giving peace of mind for owner-occupiers or investors.

Price at R 950,000 offers an accessible entry into the market for buyers, with immediate income potential.

Vacant possession possible if owner-occupier wishes to move in otherwise tenant remains for continuity of income.