Live in it yourself or invest and earn rental income — this spacious apartment gives you the flexibility to choose.
Well-presented 1.5-bedroom apartment situated in the established Unidia complex in Arcadia. This property offers a large main bedroom together with a spacious separate sunroom that can comfortably accommodate a bed, providing excellent flexibility for comfortable living or rental purposes.
Whether you're looking for your own home or an investment property generating rental income, this is an opportunity worth considering.
The Property Offers:
- Large main bedroom
- Spacious separate sunroom, large enough to comfortably accommodate a bed
- Sunroom suitable as a second sleeping area, guest room, study or additional living space
- Spacious open-plan lounge and entertainment area
- Separate kitchen
- Bathroom
- Good natural light
- Neat and well-presented interior
- Elevator access
- Practical 1.5-bedroom configuration
INVESTMENT OPPORTUNITY – CURRENT RENTAL INCOME
The apartment is currently rented at R5,800 per month, with a fixed-term lease running from 1 April 2026 to 31 March 2027.
At an asking price of R579,000, the current rental represents an approximate 12.02% gross rental yield before levies, rates, maintenance and other ownership costs.
Current property costs include:
- Levy: R1,946.93 per month
- Reserve Fund Levy: R374.85 per month
- Security Levy: R70.35 per month
- CSOS Levy: R28.94 per month
- Water and sanitation according to usage
- Municipal rates: approximately R205.16 per month
Please note: This is a 1.5-bedroom apartment. The additional half-bedroom is the separate sunroom, which is spacious enough to accommodate a bed but is not marketed as a conventional enclosed second bedroom.
Affordable, versatile and income-producing — whether you choose to live here or rent it out, this property offers options.
Contact EF Real Estate today to arrange your private viewing.