Investment-ready ground-floor unit in secure 92 On New gated complex, tenant in place for immediate income. Open-plan kitchen/lounge with gas stove and small balcony. One bed, bath, covered parking.
Inviting serious buyers to view and negotiate from R690 000 to R720 000
This cozy ground-floor one bed unit, located in the secure gated complex of 92 On New, offers a blend of comfort and functionality. With a tenant already in place under a lease agreement, this property is an excellent opportunity for investors seeking immediate rental income.
The heart of this unit is the open-plan kitchen and lounge area. The kitchen is equipped with modern finishes, including a gas stove, and it leads directly onto a small balcony—perfect for enjoying a morning coffee or evening relaxation.
The separate bedroom offers privacy and comes complete with built-in cupboards, providing ample storage space.
Concluding the thoughtful layout is a modern bathroom, featuring a shower that adds a touch of contemporary convenience.
This property is situated in a secure gated complex, ensuring safety and privacy. As it’s currently tenanted, it’s not suitable for someone looking to move in immediately but is ideal for investors looking to expand their portfolio with a property that generates income from day one.
DONT MISS OUT ON THIS GREAT INVESTMENT!!
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors or omissions which may occur.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R720,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 125 listings in Midrand (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 6% above the median.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
125 similar listings
High similar-home inventory town-wide (Midrand)
Median time on market: 160 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Carlswald is a sought-after, secure residential suburb in Midrand that offers a convenient lifestyle with easy access to major business hubs, quality schools, and modern retail centers.
* Distances and amenities are approximate.