Web Ref No RL8010

Discover this generously sized 2-bedroom, 2-bathroom apartment located in the esteemed The Arches of Rivonia complex. Built in 2005, this well-maintained unit offers a harmonious blend of comfort and convenience, making it an ideal choice for discerning buyers.

Property Features:
• Bedrooms: Two spacious bedrooms with ample built-in cupboards.
• Bathrooms: Two modern bathrooms, including an en-suite in the master bedroom.
• Living Area: Open-plan lounge and dining area leading to a private balcony.
• Kitchen: Well-appointed kitchen with granite countertops and space for three appliances.
• Parking: Two designated parking bays (one covered, one open) and ample visitor parking.
• Security: 24-hour manned security with biometric access control.
• Amenities: Communal clubhouse and swimming pool for residents’ enjoyment.

Ideal Buyer Profile:

This property is perfect for:
• First-Time Homebuyers: Looking for a secure and well-located residence.
• Young Professionals: Seeking proximity to Sandton’s business hub.
• Investors: Interested in a property with strong rental demand and immediate equity gain.

Investment Highlights:
• Immediate Equity Gain: Priced R100,000 below municipal valuation, offering instant equity from day one.
• Rental Income Potential: With an estimated monthly rental income of R12,000, this property promises a solid return on investment.

Financial Overview:
• Purchase Price: R1,200,000
• Municipal Valuation: R1,300,000
• Immediate Equity: R100,000

Renovation Opportunity:

While the apartment is in good condition, minor cosmetic upgrades such as modernizing fixtures, updating kitchen appliances, or refreshing the interior paint can enhance its appeal and potentially increase its market value, providing additional equity gain.

Don’t miss this exceptional opportunity to own a prime property in Rivonia with immediate equity and strong rental returns. Contact us today to schedule a viewing!