Apartment for sale
Low-maintenance, secure living in Wilgeheuwel with easy mall and highway access; ground-floor 2-bed, 1-bath apartment features open-plan kitchen, covered patio and covered parking.
A Tenanted Investment with Room to Grow | The Links, Wilgeheuwel | R600,000
An investment that is already earning an income, with a tenant who would love to stay.
This ground-floor, 2-bedroom apartment at The Links in Wilgeheuwel offers an appealing opportunity for investors looking for an income-generating property with an existing tenant in place.
Currently rented at R6,700 per month, the apartment comes with a tenant who has indicated that she would like to remain in the unit beyond the current lease, which expires in February 2027.
The apartment is designed for easy, practical living. The open-plan kitchen and lounge create a welcoming space, with a built-in oven and hob, extractor fan, good cupboard space, and room for a washing machine, dishwasher and fridge.
Both bedrooms are comfortably sized, and the entire unit is fully tiled, making maintenance and upkeep easier. Blinds are fitted in the kitchen and bathroom, while the covered patio offers a lovely spot to enjoy some fresh air. A covered parking bay close to the front door adds to the convenience of this ground-floor home.
The investment figures
- Asking price: R600,000
- Current rental income: R6,700 per month
- Annual rental income: R80,400
- Gross rental yield: 13.4%
- Estimated net yield: 6.2%
Monthly owner costs
- Levy: R1,915
- Reserve fund levy: R226
- Rates: R246
- Refuse removal: R300
- Sewerage: R891
- Carport levy: R52, covered by the tenant
- Electricity: Metered and paid by the tenant
Comfort and convenience at The Links. The complex offers 24-hour security and easy access to everyday essentials. Lifestyle Crossing and Retail Crossing are just a few minutes away, with groceries, a pharmacy, and other everyday shopping close at hand. Clearwater Mall is also a short drive away.
Hendrik Potgieter Road provides convenient access to the West Rand and Johannesburg, while a selection of private and government primary and high schools in the surrounding area adds to the appeal of the location.
For an investor, the combination of an existing rental income, a tenant who wishes to stay and a well-positioned, low-maintenance apartment makes this an opportunity worth exploring.
The apartment is currently tenanted. Viewings are by appointment with at least 24 hours` notice.
Contact Cindi for further details, the current lease information, and a full breakdown of the monthly costs. Let`s talk about what this investment could offer.
Listed for sale at R600,000
How does this home’s price compare with similar properties?
Price comparison based on 9 similar-sized 2-bed homes.
Insight
Priced close to the local median, and inside the typical range in Wilgeheuwel.
Compared with 9 similar active listings in Wilgeheuwel.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Wilgeheuwel is a popular, family-oriented residential suburb in Roodepoort known for its convenient access to modern amenities, reputable schools, and a peaceful suburban lifestyle.
