Apartment for sale
Seaside family lifestyle in Hartenbos' Karookraal Estate — walk to beach, shops and waterfront; open-plan entertaining with indoor braai, three en-suite bedrooms and double garage.
Tenant in Place | Ground Floor | Private Garden | Pet Friendly | Secure Estate
If you’re looking for an investment property that is already income-producing and easy to manage, this two-bedroom ground-floor apartment deserves a closer look.
What makes this property stand out is the combination of tenant demand, outdoor space and lifestyle amenities. The apartment comes with its own private garden and covered patio — features that are increasingly attractive to tenants and can give a rental property an edge over standard apartments.
Inside, the property offers a practical open-plan living space with a modern kitchen featuring granite countertops, two bedrooms and a full bathroom. The ground-floor position also makes the apartment particularly convenient for tenants looking for easy access to their home and garden.
The Investment Proposition
The tenant is already in place, meaning an investor can acquire the property with an existing rental arrangement rather than having to start the letting process from day one.
The property also benefits from:
* 2 bedrooms and 1 full bathroom
* Private garden with covered patio
* Pet-friendly accommodation for up to 2 small pets
* Modern kitchen with granite finishes
* Double carport
* Secure estate living
* Swimming pool and clubhouse
* Outdoor gym
* Children's play area
* Established landscaped gardens
These features make the apartment appealing to a broad rental market, including young professionals, couples and small families.
Know Your Holding Costs
The current monthly property-related costs are approximately:
Rates: R750
Refuse: R379.00
Levy: R2150.00
CSOS: R36.95
Maintenance Plan: R121.89
Water Levy: R172.00
Garden Water Levy: R52.50
Electricity: Prepaid — approximately R750 based on usage and a single occupant.
This gives a prospective investor the opportunity to assess the rental income, monthly expenses and potential yield before making a decision.
Why Consider This Property?
For an investor, the attraction isn't simply owning a two-bedroom apartment. It's acquiring a property with several characteristics that can support tenant retention and long-term rental appeal— a private garden, pet-friendly environment, secure estate and lifestyle facilities, together with an existing tenant.
A practical investment. An existing tenant. A desirable lifestyle. And a property that offers more than just four walls.
Contact me today for the purchase price, current rental information and a full investment calculation, or to arrange a private viewing.
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.
Listed for sale at R4,680,000
Price reduced by 75.4% to R1,150,000
Too few homes for a price verdict
Only 5 similar homes are listed in Craigavon right now — too small a sample to fairly benchmark this asking price against.
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized 2-bed homes.
Market depth
5 listings
Similar homes in Craigavon
Low inventory
Active in Craigavon
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Craigavon is a popular, family-friendly residential suburb in Sandton that offers a secure lifestyle with convenient access to major business hubs, shopping centers, and essential amenities.
