R 695 000 | 1 bed property for sale in modderfontein

Property Description

High-Yield Investment | Tenanted | Fully Equipped An exceptional opportunity to secure a tenanted, income-generating apartment in the fast-growing Red Ivory Lane precinct, Modderfontein. This 45sqm top-floor unit is perfectly positioned for investors seeking immediate returns with minimal setup. The apartment is already occupied, allowing you to step straight into a performing asset from day one. Designed for modern, low-maintenance living, the unit includes: 1 spacious bedroom and 1 bathroom A functional, open-plan layout with excellent natural light Fully equipped kitchen with fridge, washing machine, and tumble dryer included Cost-efficiency is a major advantage, with: Smart metered electricity, gas, and water Gas stove and gas geyser for reduced utility expenses and load-shedding resilience Additional features: Top-floor positioning for added privacy and better views 1 covered parking bay Access to the Gautrain bus route, enhancing tenant demand Located in an up-and-coming node of Modderfontein, this area continues to attract young professionals, ensuring strong rental demand and future capital growth.


Property Details

Purchase Price R 695 000

Type of PropertyApartment

Last Updated24 Apr 2026

Rooms

Bedrooms1

Bathrooms1

Property Location

Similar Property in nearby suburbs

Agent

Kaylyn Ford

Share        

Add Email Alert
To receive emails for similar properties in Modderfontein!


Close