2 Bedroom Apartment in Sandown

R 1 799 000 Offers from R 1 799 000

Charmaine Singh

Owner

2 Bedroom Apartment in Sandown

R 1 799 000 Offers from R 1 799 000

23 monte sereno, 110 pretoria avenue
Can I afford this?
2 Beds
2 Baths
Floor Area 74 m²
Land Area 3584 m²
Rates R 454
Levy R 896

OWN A PIECE OF THE SANDTON CBD!

Apartment for sale in Sandown.

Monte Sereno is a small, secure, and well-maintained townhouse complex (40 units, three storeys) located at the corner of Katherine Street and Pretoria Avenue, a tranquil environment. It has one of the most economical monthly costs for apartment complexes in Sandton. The fully-fitted and furnished recently-renovated 74 square-metre unit has two bedrooms (main en-suite), second bathroom, two balconies, and two carports (one covered and one open). The apartment has a small wall-mounted safe. The complex has a communal pool, entertainment, and laundry-drying areas. It is a pleasant six minutes’ walk to Mandela Square, Gautrain Station, and Atholl Square Shopping Mall. Monte Sereno is on the Rea Vaya/Gautrain bus route. It is also serviced by taxis and tuk-tuks.

Monthly charges (from 1 February 2017):

Levy: R 895. 82 (includes water)

Security contribution: R 353.62

Sewerage: R 348.05

Rates: R 454.43

Refuse removal: R 232.30

Total: R2 284.22

The property has been let since since purchase in 2004 to corporate tenants. An estimated current rental would be in the region of R15 000/month. It is currently available and advertised for lease.

This is an excellent investment opportunity as rental income is assured, given the rapid development of Sandown. Secondly, high-rise development in the area surrounding the Gautrain station is encouraged by the City of Johannesburg, and no rezoning for such purpose is required. The unit could be re-sold to developers at a profit.

Viewing by appointment only.

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Key Property Features

2
Bedrooms
2
Bathrooms
1
Covered Parkings
1
Dining Areas
1
En-suite
1
Lounges
1
Open Parkings
1
Storeys
Access Gate
Balcony
Built In Braai
BIC
Deck
Electric Fencing
Entrance Hall
Family Tv Room
Furnished
Intercom
Kitchen
Lapa
Patio
Pool
Satellite
Scenic View
Security Post
Tv
Walk In Closet

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Charmaine Singh
Owner
For sale by owner

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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.

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2 Bedroom Apartment in Sandown

R 1 799 000 Offers from R 1 799 000

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Charmaine Singh
Owner
For sale by owner

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