R820,000

A smart property investment or an affordable first step into the property market!Here is an opportunity to own a beautifully maintained 2-bedroom, 1-bathroom ground-floor unit in Montana, offering the comfort and privacy of your own outdoor space together with the convenience of secure complex living.Currently generating R8,300 rental income per month, this property offers an attractive gross rental yield of approximately 12.15% based on the asking price of R820,000 — making it an opportunity worth considering for investors looking to enter or expand their property portfolio.And for the first-time buyer, the combination of an accessible purchase price, low monthly levies and a private garden makes this an ideal property to call home.STEP INSIDEThe spacious open-plan lounge and dining area creates a welcoming living space and flows seamlessly into the modern kitchen, fitted with:Granite countertopsAmple cupboard spaceOven, hob & extractor fanBreakfast nookPantryThe two bedrooms are both fitted with built-in cupboards, while the full bathroom offers both a bath and shower.YOUR OWN PRIVATE OUTDOOR SPACEOne of the standout features of this ground-floor unit is the private patio and garden.The covered patio includes a built-in braai, creating the perfect setting for weekend entertaining, relaxing outdoors or enjoying an afternoon with family and friends.The private garden also adds valuable space and lifestyle appeal that you don't typically associate with apartment-style living.PROPERTY FEATURES2 Bedrooms with built-in cupboards1 Full bathroom with bath & showerOpen-plan lounge & dining areaModern kitchen with granite countertopsOven, hob & extractor fanBreakfast nook & pantryCovered patio with built-in braaiPrivate garden**1 Covered carportAdditional visitors' parkingPet friendly – 2 small dogs permitted, subject to Body Corporate approvalCats not permittedCommunal swimming poolINVESTMENT SNAPSHOTPurchase Price: R820,000Current Rental Income: R8,300 per monthAnnual Rental Income: R99,600Approx. Gross Rental Yield: 12.15%Levies: R918 per monthRates & Taxes: ±R500 per monthThe low levy and rates structure, combined with the current rental income, makes this an interesting proposition for investors seeking an affordable entry point into the Montana property market.Whether you're looking for your first home or your next investment, this property offers an appealing combination of price, rental income, low monthly costs and lifestyle.Contact today to arrange your private viewing.