2 Bedroom Apartment in Buccleuch

R 1 040 000

Howard Hoff

Lew Geffen Sotheby’s International Realty-Bedfordview

Damon Kalvari

Lew Geffen Sotheby’s International Realty-Bedfordview

2 Bedroom Apartment in Buccleuch

R 1 040 000

Can I afford this?
2 Beds
2 Baths
2 Garages
Floor Area 89 m²

The Gibson Eco Estate

A totally unique opportunity in an innovative building, ensuring a good return on investment

This is a great opportunity for both investors and potential home-makers. Live in one unit, let out the other, or purchase several of the units and realize the innovative opportunity to let out two separate apartments for each unit purchased. The unique floor plan gives each unit, two separate living spaces making it possible to achieve this innovative economic possibility. Rental income can be up to R10 800 per month for both units with only one levy & rates. Arrangements can be made for managed rentals with an existing client base, as the complex is fully tenanted. Potential tenants leases can be transferred to the new investor. 23 Units available, priced between R1 040 000 for upper floors & R1 089 000 for ground floor units

* The modern styling, superb position and excellent security gives a proven track record of a good return. Each unit includes a balcony/patio for each apartment.

* The development consists of 134 units at the top end of Buccleuch. They are 94 sq.m, including the small balcony/patio.

* The complex has landscaped gardens, pool and clubhouse, laundry, electricity meters, gas hobs, and built-in aerials for DSTV

* No Transfer Duty with an excellent return on investment, after levies, rates and taxes have been paid. Transfer fees are payable to the conveyancer.

* Situated close to schools, freeways, malls and hospitals & police station, Buccleuch has everything to offer buyers or tenants, as well as a pleasant and healthy lifestyle in a country setting.

The rental market in Buccleuch is buoyant due to the developments at Waterfall Commercial Park within walking distance. Buccleuch is located in a rapidly expanding business node, with Woodmead and Woodmead Retail Mall just over the highway. It has easy freeway access to Midrand and Sandton, with excellent business and schooling facilities nearby.

Each unit consists of:

2 kitchens - Granite tops and Gas Hob with oven and sink.

2 Bathrooms - shower basin and toilet

2 Bedrooms - with balcony

2 Living areas

2 Balconies

2 Utility rooms for extra storage (geyser in this space)

2 Car Ports one for each unit.

24-hour security and perimeter protection

Area 94 sq.m, including the small balcony/patio.

Area 89 sq.m excluding the small balcony/patio.

Area each unit is 44,5 sq.m X 2

Levies: R 1000, 00 for both sides

Rates and Taxes: R 650 for both sides

Prepaid independent Electricity for both sides

Priced at R1 089 000 ground floor units

Priced at R1 040 000 upper floor units

No transfer duty, only legal Costs

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Key Property Features

2
Bedrooms
2
Bathrooms
2
Garages
2
Lounges
Alarm
Kitchen
Pool

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Howard Hoff

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Damon Kalvari

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Experience Sandton

Sandton is a vibrant, modern neighbourhood that contains the richest square mile in Africa. It is the business gateway into Africa for many large corporations and attracts thousands of ambitious people seeking their fortunes. But Sandton is not just about big business, residents find plenty of time for leisure too. World class shopping centres, and a buzzing social scene are a huge hit with the young and young at heart. Perhaps surprisingly, there is a huge amount of green space in the area that residents take advantage of to exercise or just take a breather.

Find out more about Sandton

2 Bedroom Apartment in Buccleuch

R 1 040 000

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