R1,100,000
R1,100,000
2 Bedroom Apartment For Sale in Craigavon
2
Bedrooms
2
Bathrooms
1
Parkings
Ref. RLS971313
Land 77.00m²
Floor 77.00 m²
Monthly Repayment
R11,730.72
Charmaine Finniss
Charmaine Finniss Property Practitioner Seeff Sandton PPRA Registered | FFC 202401036402975
Monthly Levy R1,688.54
Monthly Rates R743.68
Total R2,432.22

Investment Opportunity Modern First-Floor Apartment with Tenant in Place at Cedar Acres Estate

Web Ref. RLS971313
Unlock steady rental income with this well-maintained, investment-ready apartment in Cedar Acres Estate, Craigavon. A sought-after choice for tenants, this property combines modern finishes with practical amenities, ensuring ongoing demand and hassle-free management.

Unit Highlights:
Main Bedroom: Laminate flooring, ample built-in cupboards, and a spacious full en suite bathroom.
Second Bedroom: Also features laminate flooring and built-in cupboards, adjacent to a second bathroom with shower, WC, and vanity.
Living Space: Tiled, with a built-in workstation and air conditioning – a bonus for remote-working tenants.
Kitchen: Equipped with an electric hob, extractor fan, and space for two under-counter appliances, enhancing tenant convenience.
Open-Plan Living: The apartment features an open-plan dining and living room area with tiled floors, leading out to a private balcony, perfect for entertaining or relaxation.
Private Balcony: Adds value for tenants, providing outdoor space for relaxation.

Additional Features include a 250L backup water tank, piped directly into the unit, ensures uninterrupted supply and added convenience.
One assigned covered parking bay with ample visitor parking for guest convenience.

Tenant Information: A tenant is secured until 1 September 2025, ensuring immediate rental returns of R10,000 per month. Utility costs (electricity, water, and effluent) are pre-paid and borne by the tenant, reducing management overheads.

Estate Amenities & Security: Cedar Acres Estate offers an attractive lifestyle with premium facilities – including a clubhouse with a pool, braai areas, kids' play space, central gardens, and a tennis court. The estate is fully access-controlled, with vigilant 24-hour security and CCTV, enhancing tenant appeal and peace of mind.

Location Advantage: Positioned near Cedar Square, Fourways Mall, and Fourways Life Hospital, with quick access to major transport routes, making it an ideal choice for professionals and families alike.

Investment Benefits:
• Turnkey Investment: Immediate rental income with a lease in place.
• Strong Tenant Demand: Ideal for long-term leasing.
• Low Maintenance: Modern finishes and pre-paid utilities handled by the tenant.

This property is a smart investment, offering steady returns in a high-demand location within a reputable estate. Don’t miss the chance to add a prime rental asset to your portfolio in thriving Craigavon. Regret no pets

Features

Interior
2 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
1 Parking (Carport)
Pool
Security
Sizes
Land Size 77 m²
Floor Size 77 m²
Additional Amenities
24 Hour Access
Guard House
Guard
Air Conditioner
Oven & Hob
Extractor Fan
Dishwasher Connection
Washing Machine Connection
Built in Wardrobes
Security Complex
Communal Braai Area
Tennis Court
Backup Water

Craigavon, Sandton

About the suburb of CraigavonOn the outskirts of Sandton and the inside edge of Fourways, Craigavon was once dirt roads and open veld. While it has retained some of the typically Johannesburg elements, over the years, Craigavon (in fact, Fourways in general) has developed into a modern, urban living environment. There are entry-level homes as well as grand residences in gated communities. There are apartments and many well-priced cluster homes, popular with young families. There are just over 600 homes in Craigavon.Interesting facts about the history of Craigavon, FourwaysCraigavon's story is that its namesake, "Craigavon" in Northern Ireland in the United Kingdom, was named after James Craig, the first Prime Minister of Northern...
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Finance

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