Apartment for sale at 463 Edmond Street, Damaza
Flexible urban living—live here or rent it out in a secure, well-located complex near shops and transport; bright north-facing 4th-floor unit with sunroom, open-plan living, and carport.
Live in it yourself or purchase as an income-producing investment — the choice is yours.
This unit offers generous living areas, excellent natural light and a versatile layout, making it an attractive opportunity for both owner-occupiers and property investors.
The apartment comprises one spacious main bedroom plus a separate sunroom, which provides the additional half-bedroom space. The sunroom can be used as a second sleeping area, study, home office or additional living space.
Property Features:
- Spacious main bedroom
- Separate sunroom / half-bedroom
- Large open-plan lounge and dining/entertainment area
- Separate kitchen with wooden cupboards
- Stove and oven
- Washing-machine connection
- Bathroom with bath and basin
- Separate toilet
- Secure lock-up carport
- Additional visitors' parking
- Elevator access
- 4th-floor position
- North-facing windows providing lovely natural light
The spacious living and entertainment area provides ample room for both comfortable lounge and dining areas, while the separate sunroom adds valuable flexible space to the apartment.
Investment Opportunity
For buyers looking for an income-producing property, the apartment is currently tenanted at R6,000 per month, providing an existing rental income stream.
- Current rental: R6,000 per month
- Annual rental income: R72,000
- Gross rental yield at R489,000 asking price: approximately 14.72%
- Existing month-to-month lease
- Monthly levy: R1,284.80
- CSOS levy: R15.70 per month
- Municipal rates: approximately R153.87 per month
- Water and sanitation charged according to consumption
Contact EF Real Estate today to arrange your private viewing
Listed for sale at R489,000
How does this home’s price compare with similar properties?
Price comparison based on 7 similar-sized 2-bed homes.
Insight
Priced 16% below the local median - and below the typical range in Arcadia.
Compared with 7 similar active listings in Arcadia.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Arcadia is a historic and centrally located suburb in Pretoria that offers residents a blend of urban convenience, proximity to government institutions, and easy access to iconic cultural landmarks.
