2 Bedroom Apartment in Faerie Glen

SPACIOUS 2-BEDROOM APARTMENT FOR SALE IN FAERIE GLEN EXCELLENT INVESTMENT OPPORTUNITY!

Selling Price: R1,080,000 | Rental Income: R9,100 p.m.

An excellent investment opportunity in the sought-after Lavender Close security complex in Faerie Glen, Pretoria East!

This spacious 115m² apartment offers an established rental income of R9,100 per month, with a reliable tenant who has occupied the property for the past five years.

PROPERTY FEATURES:

- 115m² floor area

- 2 spacious bedrooms with built-in cupboards

- 2 bathrooms main en-suite with shower

- Open-plan lounge and dining area

- Functional kitchen

- Private balcony

- Double lock-up garage

- Additional parking within the complex

COMPLEX FEATURES:

- 24-hour manned security and controlled access

- Electric perimeter fencing

- Communal swimming pool

- Clubhouse and braai facilities

- Pet-friendly, subject to body corporate approval

INVESTMENT HIGHLIGHTS:

- Monthly rental income: R9,100

- Established tenant for five years

- Monthly levies: R2,200

- Rates and taxes: R650

Ideally located in Faerie Glen, with convenient access to shopping centres, schools, medical facilities and major routes throughout Pretoria East.

A fantastic opportunity to acquire a spacious investment property with an existing tenant and established rental income.

Contact Pretoria East Homes & Rentals today to arrange a viewing or request further investment information.

Viewings by appointment with the existing tenant.