1.5 Bedroom Apartment in Musgrave
Investment Opportunity Renovated 1.5 Bedroom Apartment with Tenant in Place R995,000 | Vause Road
An excellent opportunity for investors looking for immediate rental income. This renovated 1.5-bedroom apartment is being sold with a reliable
long-term tenant already in place, offering a seamless transition and rental returns from day one, generating approximately R8,700 per month.
The apartment features a modern fitted kitchen with granite countertops, stove, oven, extractor fan, plumbing for a washing machine, ample cupboard space, and a breakfast nook that opens into the living area. The spacious lounge is light-filled and well-proportioned, complete with a ceiling fan.
The main bedroom offers built-in cupboards and a ceiling fan, while the versatile half-bedroom is ideal as a home office, nursery, or guest room. The bathroom includes both a shower and bathtub, with a separate toilet and additional linen storage.
Additional features:
Long-term tenant in place
Rental income of approximately R8,700 per month
2 Secure parking bays
Prepaid electricity meter, water cost is included in the levy.
Well-maintained and move-in ready
Conveniently located close to schools, shopping centres, restaurants, and major transport routes
A turnkey investment in a sought-after location, offering stable income and peace of mind from transfer.
Contact me today to arrange a viewing or request further information.
Property details
- Listing number T5523930
- Property type Apartment
- Listing date 18 Jun 2026
- Floor size 80 m²
- Rates and taxes R 682
- Levies R 1 911
Property features
- Bedrooms 1.5
- Bathrooms 1
- Lounges 1
- Open parking 2
- Kitchen