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2 Bedroom Apartment For Sale in Sandown

R2,799,000


Monthly Bond Repayment R29,849.37
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL7976

Investor’s Dream: 2-Bedroom, 2-Bathroom Apartment for Sale at The Capital on The Park – R2,799,000

Investor’s Dream: 2-Bedroom, 2-Bathroom Apartment for Sale at The Capital on The Park – R2,799,000

Elevate your investment portfolio with this luxurious 2-bedroom, 2-bathroom apartment at The Capital on The Park in the heart of Sandton. While the property pictured showcases a similar unit on a high floor directly under the pool, please note that the available unit is located on the 1st floor, providing the same premium amenities and stylish layout.

Currently leased at R24,000 per month, this unit offers a steady stream of income with the added flexibility to rent directly through The Capital’s hotel program, maximizing your ROI in a high-demand area.

ROI Calculation:
• Monthly Rental Income: R24,000
• Annual Rental Income: R24,000 x 12 = R288,000
• Purchase Price: R2,799,000
• Annual ROI: Approximately 10.3% (excluding levies and rates)

This attractive ROI, combined with Sandton’s premium rental market, makes this property a lucrative addition to any investor’s portfolio.

Property Highlights:
• 1st Floor Unit with 2 Separate Entrances and an interleading door—ideal for renting as two units or as one spacious suite
• Option to Rent Through The Capital – Maximize returns with flexible hotel management
• Current Lease at R24,000/Month – Immediate rental income guaranteed

Luxury Amenities at The Capital on The Park:
• 24/7 Concierge and Security for peace of mind
• On-Site Restaurant and Bar – Fine dining just steps away
• Pool, Gym, and Spa – World-class wellness facilities
• Meeting Rooms and Co-Working Spaces – Ideal for business professionals
• Shuttle Services and Proximity to Gautrain – Simplified travel and commuting

Prime Sandton Location
Located in Johannesburg’s business hub, this property is near Sandton City, Nelson Mandela Square, top restaurants, and major offices, ensuring consistent demand from long-term tenants and short-term guests alike.

Maximize Your Investment
With flexible leasing options, a prime location, and a solid 10.3% ROI, this apartment at The Capital on The Park is an ideal investment. Contact us today to make this standout property yours!

Features

Bedrooms 2
Security Yes
Bathrooms 2
Recep. Rooms 2
Floor Size 79m²
Land Size 5,971m²
Carports/Parkings 2
Pool Yes

Agent Contact Details

Nkululeko Mpambo
Mandated Property Group

Cell 0695787229
Office (010) 1094750
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