Apartment for sale at 16 Linden Street, Abbotsbury
Effortless city living with immediate rental income in Morningside, steps from Benmore Centre and Sandton CBD. Open-plan granite kitchen, private patio with fireplace; two beds, two baths, double parking.
Sole and Exclusive
Calling all Investors. Offers from R1199 000 are acceptable to the seller.
This well maintained, two-bedroom, two-bathroom, middle floor apartment in the heart of Morningside is ideal for investors seeking a secure, long-term rental income. The property is currently tenanted with a new lease extension commencing on 1 November at R12,300 per month. Current rental is R11500. Please note, the lease is fixed and cannot be cancelled, making this investment suitable only for buyers intending to retain the tenant.
The apartment boasts spacious living areas designed for comfort and functionality. The open-plan kitchen features granite countertops, ample cupboard space, and provisions for a single-door fridge plus two under-counter appliances. Adjacent to the kitchen is a generous living and dining area with a cozy fireplace, flowing seamlessly onto a private patio, perfect for relaxation or entertaining guests.
Both bedrooms are well-sized with abundant natural light and built-in cupboards. The main bedroom includes an en suite bathroom with a bath, while the second bathroom offers a shower, catering well to family living or visiting guests.
Situated within a secure, well-maintained complex with 24-hour guarded security, residents enjoy peace of mind in a highly sought-after Morningside location. The apartment is within walking distance of Benmore Shopping Centre and conveniently close to Crawford School, Morningside Clinic, Investec, and Sandton CBD.
This property presents an excellent investment opportunity with immediate rental income from transfer. Whether you seek a prime location home or a turnkey investment with an existing tenant, this apartment delivers outstanding value.
Listed for sale at R1,280,000
Price reduced by 3.1% to R1,239,900
Price reduced by 3.3% to R1,199,000
How does this home’s price compare with similar properties?
Price comparison based on 49 similar-sized 2-bed homes.
Insight
Priced 20% below the local median - at the lower edge of the typical range in Morningside.
Compared with 49 similar homes (75 listings) in Morningside.
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.
Morningside is a prestigious and leafy residential suburb in Sandton that offers residents a sophisticated lifestyle with close proximity to major business hubs, top-tier schools, and world-class retail centers.
