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R 570 000 | 1 bed property for sale in carlswald

Property Description

Calling all Property Investors! Investment Property with a Gross Yield of 11.4% For Sale for only R570,000. This Investment Property that is For Sale is generating a stable Passive Income Stream since it has an existing Tenant that is renting the property for the amount of R5400 per month. The lease agreement of the current Tenant only expires on 1 June 2020. The financial information is as follows: Rental Income per month: R5400, Rates and Taxes: R221.80 per month, Levy: R1067.12 per month. Hilltop Lofts no 40 is a beautiful Bachelor Apartment in Midrand and is For Sale by Feel-at-Home Properties. This ground floor Bachelor (Studio) Apartment is located in Hilltop Lofts Security Complex in Carlswald, Midrand, Gauteng, South Africa. The property offers the following: open plan kitchen / 0.5-bedroom area with a separate bathroom, covered patio and one covered parking. Hilltop Lofts Security Complex offers 24-hour access control with security guards, a clubhouse with a swimming pool and braai facilities. The city is relatively modern, having experienced much growth in the last decade. Many businesses have relocated there due to its proximity to good highway links and its location. Suburbs that are generally regarded as being in Midrand: Country View, Carlswald, Crowthorne, Glen Austin, Halfway House, Halfway Gardens, Vorna Valley, Noordwyk, Randjesfontein. The largest conference centre in South Africa, located in Midrand currently known as Gallagher Estate. Built on the former site of Laerskool / Primary School Halfway House. Schools in close proximity to this unit are Building Blocks Baby Centre & Nursery School, Jingle Bells Pre-School, Midrand Primary, Halfway House Primary, Jubilate Primary School, Midrand High School, Wendywood High School. As well as, Varsity College Midrand and Richfield Graduate Institute of Technology. The Complex is conveniently located right across the street from Carlswald Shopping Center in Midrand. Shopping Centres close to Hilltop Lofts are Carlswald Lifestyle Shopping Centre, San Ridge Square, Carlswald Centre, as well as, Bytes Conference Centre. The nearest hospitals to Hilltop Lofts are Netcare Carlswald Pharmacy and Medi-Clinic Hospitals. Feel-at-Home Properties specializes in Residential Property Sales and Rentals in Midrand, Centurion and Pretoria, Gauteng South Africa. We have a large portfolio of Fully Furnished/Unfurnished Apartments and Townhouses that are To Let. We also have Investment Properties that are For Sale. For more information contact our Head Office.


Property Details

Purchase PriceR 570 000

Type of PropertyApartment

Last Updated11 Jul 2019




External Features

Swimming PoolYes


General Features

Electric FenceYes

Property Location

AddressCarlswald, Midrand, 1684, South Africa

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