Web Ref No RL177394

Nestled in the vibrant and accessible hub of Central, this spacious and versatile 3-bedroom flat presents a fantastic opportunity for both families seeking a well-located home and investors looking for a property with immediate rental income potential. With a generous size of 102 square meters, this flat combines practical layout with excellent value.
Upon entering, you're welcomed by a bright and expansive dining lounge area—perfect for family gatherings, entertaining guests, or simply enjoying a cozy evening in. The open-plan feel of the space enhances natural light and offers plenty of room for creativity in furnishing and layout.
The flat features three well-proportioned bedrooms, each offering comfort and ample space for the whole family. While the kitchen and bathroom are older and could benefit from modernization, they provide a solid foundation for those looking to personalize or renovate to their own taste. The bathroom includes a bath, toilet, and basin, catering to everyday family needs.
Flooring throughout the property includes carpeting in the bedrooms for added warmth and comfort, and tiled surfaces in the remainder of the home for easy cleaning and maintenance.
Additional convenience comes in the form of a single garage—ideal for secure parking or additional storage—and a prepaid electricity meter, giving residents full control over their energy usage. Levies are set at a reasonable R1,500 per month, and municipal rates are currently R900.
For investors, this property comes with a current lease agreement in place, generating a monthly rental income of R7,500. This, combined with the affordable asking price of R740,500, makes it a highly attractive option for those looking to grow their property portfolio with minimal effort.
The flat’s location in Central puts you within close reach of public transport, schools, shops, and other urban conveniences—making everyday life simpler and more connected. Whether you're a young family looking to put down roots or an investor seeking a dependable rental property, this home ticks all the right boxes.
Don’t miss the chance to secure this spacious and well-located property with immense potential. Schedule a viewing today and envision the future this Central gem can offer!