R1,150,000

R1,150,000

2 Bedroom Apartment For Sale in Craigavon
2
Bedrooms
1
Bathrooms
2
Garages
Print

A Ready-Made Rental Investment with Room to Add Value

Web Ref. RL5561
Land size 69.00 m²
Floor size 69.00 m²
Monthly Bond Repayment
R11,481.36
Tenant in Place | Ground Floor | Private Garden | Pet Friendly | Secure Estate

If you’re looking for an investment property that is already income-producing and easy to manage, this two-bedroom ground-floor apartment deserves a closer look.

What makes this property stand out is the combination of tenant demand, outdoor space and lifestyle amenities. The apartment comes with its own private garden and covered patio — features that are increasingly attractive to tenants and can give a rental property an edge over standard apartments.

Inside, the property offers a practical open-plan living space with a modern kitchen featuring granite countertops, two bedrooms and a full bathroom. The ground-floor position also makes the apartment particularly convenient for tenants looking for easy access to their home and garden.

The Investment Proposition

The tenant is already in place, meaning an investor can acquire the property with an existing rental arrangement rather than having to start the letting process from day one.

The property also benefits from:

* 2 bedrooms and 1 full bathroom
* Private garden with covered patio
* Pet-friendly accommodation for up to 2 small pets
* Modern kitchen with granite finishes
* Double carport
* Secure estate living
* Swimming pool and clubhouse
* Outdoor gym
* Children's play area
* Established landscaped gardens

These features make the apartment appealing to a broad rental market, including young professionals, couples and small families.

Know Your Holding Costs

The current monthly property-related costs are approximately:

**Rates:** R750
**Refuse:** R379.00
**Levy:** R2150.00
**CSOS:** R36.95
**Maintenance Plan:** R121.89
**Water Levy:** R172.00
**Garden Water Levy:** R52.50
**Electricity:** Prepaid — approximately R750 based on usage and a single occupant.

This gives a prospective investor the opportunity to assess the rental income, monthly expenses and potential yield before making a decision.

Why Consider This Property?

For an investor, the attraction isn't simply owning a two-bedroom apartment. It's acquiring a property with several characteristics that can support tenant retention and long-term rental appeal— a private garden, pet-friendly environment, secure estate and lifestyle facilities, together with an existing tenant.

A practical investment. An existing tenant. A desirable lifestyle. And a property that offers more than just four walls.

Contact me today for the purchase price, current rental information and a full investment calculation, or to arrange a private viewing.
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions which may occur.
Monthly Levy R2,150
Monthly Rates R750
Total R2,900

Features

Interior
2 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
1 Dining Room
Exterior
2 Garages
Pet Friendly
Pool
Security
Sizes
Land Size 69 m²
Floor Size 69 m²
Listing Info
Date Listed 17-08-26
Time Listed 07:53

Craigavon, Sandton

Google map for 2 Bedroom Apartment For Sale in Craigavon

Disclaimer

While every effort will be made to ensure that the information contained within the LWP Properties website is accurate and up to date, LWP Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.