R699,000
R699,000
Monthly Bond Repayment R7,454.34
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Investment Opportunity: Tenant-Occupied Apartment at Olivedale Retirement Village
Seize this exceptional investment opportunity at Olivedale Retirement Village, a prime location where luxury and comfort meet tranquility and convenience.
This stylish 1-bedroom, 1-bathroom apartment, complete with an open plan kitchen and living area, is situated in the main building of the estate, offering breathtaking views from the balcony. Currently, there is a tenant in place, ensuring immediate rental income for savvy investors.
Property Highlights:
Spacious Living: The apartment features a generous bedroom and a well-appointed bathroom with a modern shower, ensuring comfort and relaxation for residence.
Open Plan Layout: The fully equipped kitchen seamlessly integrates with the inviting living room, creating a sense of openness and comfort.
Balcony Views: Enjoy stunning views from the balcony, adding to the appeal for potential tenants.
Estate Amenities:
Heated Pool: A sparkling heated pool perfect for relaxation and socializing.
Onsite Restaurant & coffee shop: Convenient dining options with a variety of culinary delights.
Health and Wellness: Frail care facilities and an onsite nurse ensure professional care is readily available.
Beauty and Grooming: Hair salon and beauty salon services are available within the estate.
Tuck Shop: Onsite tuck shop for everyday essentials.
Library: A well-stocked library for those who enjoy reading and learning.
Secure Living: 24/7 security and a supportive community provide peace of mind for tenants and much more…..
Located within the serene Olivedale area, this estate offers a tranquil environment surrounded by lush greenery, making it a highly desirable location for retirees.
Investment Benefits:
Immediate Rental Income: With a tenant already in place, start earning rental income from day one.
High Demand: The amenities and secure living environment make this property highly attractive to retirees, ensuring consistent demand. High demand for rentals in the retirement estate sector.
Growth Potential: As a part of a vibrant retirement community, the property promises long-term appreciation and stability.
Don't miss out on this fantastic investment opportunity. Contact us today to arrange a viewing and secure your future in real estate!
Features
Interior
Exterior
Sizes
Extras
Near Park • Hob • Near Fitness centre • Near Shopping Mall • Near Schools • Near Motorway • Closed Circuit TV • En-suite Bathroom • Near Hospital • Near Bus • Near Shops • Built in Wardrobes • Lift-Elevator • Open • Balcony • Common Areas • Shower • Wheelchair Accessible • Fire Escape • Brick • Fibre • Restaurant area • Satellite
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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.