2 Bedroom Apartment in Sandown
2 Bedroom Apartment in Sandown
On AuctionCan I afford this?
Fully furnished and Fitting 2 Bed Lock up and go
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 74m2 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
Refuse removal:R 232.30
The property has been let since since purchase in 2004 to corporate tenants. An estimated current rental would be in the region of R16000/month. It is currently available 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. Hence, the unit could be re-sold to developers at a good profit.
2 bedrooms with main on suite. Upmarket finishes in bathroom
Second Full bathroom with upmarket finishes
BICs in all bedrooms
Imported Tiles throughout
Carpets in the Bedrooms
Open plan lounge and dining Room leading to covered balcony
Wooden Doors and Frames
Gourmet kitchen with granite tops and double sink
Double Linen cupboard
1 Covered parking bay and 1 open parking
Communal Pool , entertainment and laundry areas
Complex serviced weekly
Levies- R890.00 per month including water
Very Strong Body Corporate
Electric Fence around entire perimetre
Only 40 units in the entire complex
Huge potential for a monthly rental anywhere between R13.000.00 and R15 000.00
Sect 23 of plan 24/2003 known MONTE SERENO Situated at Erf 37 SANDOWN CITY OF
ERF SIZE: 3576
ADDRESS: 110 Pretoria Avenue Sandown
MUNICIPALITY: CITY OF JOHANNESBURG
PROPERTY TYPE: Sectional Title
TITLE DEED: ST146156/2004
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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