2 Bedroom Apartment in Summerset

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2 1 1 43 m²

Income-Generating Investment Opportunity in Summerset Village, Midrand

Secure an investment property with immediate returns in the highly sought-after Summerset Village.

This well-positioned corner unit is currently tenanted with a 12-month lease in place, generating a rental income of R7,000 per month excluding utilities, allowing investors to benefit from cash flow from day one.

The apartment offers two well-sized bedrooms and a neat bathroom fitted with a bath, basin, and toilet.

The open-plan layout creates a functional living space, with the kitchen flowing seamlessly into the lounge area, making it an attractive option for long-term tenants and young professionals alike.

Additional features include:

Fibre-ready connectivity

Gas stove for cost-effective cooking

One covered carport

Corner unit position offering enhanced privacy

Summerset Village is a secure and well-maintained complex with 24-hour access-controlled security, providing peace of mind for both investors and tenants.

Residents also have access to a communal entertainment area suitable for gatherings and special occasions.

Strategically located in the heart of Midrand, the property enjoys strong rental demand due to its proximity to key amenities and transport routes.

It is situated adjacent to Curro Sagewood School and less than 500 metres from Lever Road and Olifantsfontein Road, providing easy access to public transport, including taxi routes and the Gautrain bus network.

Major retail destinations such as Sanridge Square Shopping Centre and Carlswald Lifestyle Shopping Centre are within a 1-kilometre radius, offering convenient access to shopping, dining, and essential services.

Whether you are a seasoned investor looking to expand your portfolio or a first-time property investor seeking a low-maintenance asset with an existing tenant, this apartment presents an excellent opportunity to acquire a well-located, income-producing property in one of Midrand''s established residential nodes.

Current Rental Income: R7,000 per month excluding utilities

Lease Status: Existing 12-month lease in place

Investment Benefit: Immediate rental returns from transfer date