1 Bedroom Apartment in Sagewood

An excellent investment opportunity in Sagewood, Midrand fully tenanted with an existing rental income stream.

This well-positioned first-floor 1-bedroom apartment is situated within the secure and established Crescent Glades Estate in Sagewood, Midrand.

The apartment offers a practical open-plan kitchen and living area, with the lounge opening onto a private balcony. The bedroom features an en-suite bathroom, and the unit includes a covered parking bay.

The property is fully tenanted, making it particularly suitable for investors looking to acquire an established buy-to-let property with a tenant already in place.

Property Features

1 Bedroom

En-suite bathroom

First-floor apartment

Open-plan kitchen and living area

Private balcony

Covered parking

Fully tenanted

Existing rental income

Secure complex within an estate

Controlled access and security

Ideal buy-to-let investment

Effluent Charges Investor Benefit

As part of the standard billing procedures of the complex, the effluent charges associated with the property, currently approximately R890 per month, are payable by the tenant as part of their monthly utilities bill.

This means that while the property is tenanted, this recurring utility-related charge is recovered from the tenant in accordance with the complexs standard billing arrangement.

Convenient Sagewood Location

Crescent Glades is conveniently situated in Sagewood, Midrand, with easy access to shopping centres, schools, healthcare facilities and major transport routes.

Nearby amenities include Blue Hills Shopping Centre, Carlswald Lifestyle Shopping Centre, San Ridge Square, Crowthorne Shopping Centre, Kyalami Corner and Mall of Africa.

The area is also conveniently located near Curro Midrand Sagewood, Noordwyk Secondary School and other educational facilities within Midrand.

Residents enjoy convenient access to New Road, the R55 and N1 highway, providing connectivity to Waterfall City, Kyalami, Centurion, Sandton and Pretoria. The Midrand Gautrain Station and surrounding public transport options are also within convenient driving distance.

Ideal for Property Investors

With a tenant already in place, existing rental income and the approximately R890 monthly effluent charge payable by the tenant as part of the complexs standard utility billing procedure, this apartment offers an attractive opportunity for investors looking to expand their Midrand rental portfolio.

Contact me today for further information, rental details or to arrange a viewing.