Web Ref No RL8120

Discover modern urban living in this sophisticated 2-bedroom, 2-bathroom apartment located in The Monroe, one of Rosebank’s most sought-after developments. Priced at R2,500,000, this residence offers a blend of luxury, convenience, and style.

Apartment Features:
• Open-Plan Living: A spacious layout that seamlessly integrates the living, dining, and kitchen areas, perfect for both relaxation and entertaining.
• Gourmet Kitchen: Equipped with premium Smeg appliances, sleek cabinetry, and high-quality finishes, catering to culinary enthusiasts.
• Bedrooms: Two generously sized bedrooms with ample closet space and large windows that invite natural light.
• Bathrooms: Two modern bathrooms featuring marble tile finishes and Hansgrohe fittings, exuding elegance and functionality.

Amenities at The Monroe:
• Rooftop Pool: Enjoy panoramic views of the cityscape from the rooftop swimming pool, providing a serene escape from urban life.
• Clubhouse: A stylish space for social gatherings and events, fostering a sense of community among residents.
• Braai Area: Designated outdoor barbecue facilities for entertaining friends and family.
• 24-Hour Security: Comprehensive security measures, including controlled access and surveillance, ensuring peace of mind.
• Secure Parking: Dedicated parking bays within the premises for residents’ convenience.

Ideal Buyer Profile:

This apartment is perfect for young professionals, couples, or small families seeking a vibrant urban lifestyle. Its proximity to Rosebank’s business district, the Keyes Art Mile, and an array of world-class restaurants makes it an excellent choice for those who value convenience and cultural engagement. 

Investment Potential:

For investors, this property offers a compelling opportunity. With an estimated monthly rental income of R20,000, the annual rental income would be R240,000. Assuming a purchase price of R2,500,000, the gross rental yield can be calculated as follows:

Gross Rental Yield = (Annual Rental Income / Property Purchase Price) × 100

Plugging in the numbers:

Gross Rental Yield = (R240,000 / R2,500,000) × 100 = 9.6%

This indicates a strong return on investment, making it an attractive addition to any property portfolio.

Location Highlights:
• Proximity to Amenities: Within walking distance to Rosebank Mall, The Zone @ Rosebank, and the Gautrain station, offering unparalleled access to shopping, dining, and transport.
• Cultural Hub: Close to the Keyes Art Mile, a vibrant precinct renowned for its art galleries and cultural events.
• Green Spaces: Nearby parks and tree-lined streets provide a tranquil environment amidst the bustling city.

Don’t miss the opportunity to own this exceptional property in the heart of Rosebank. Contact us today to arrange a viewing and take the first step toward making The Monroe your new home or investment venture.