Freshly Repainted | Defects Repaired | Move-In Ready
Whether you are looking for a comfortable place to call home or a property that generates rental income, this beautifully refreshed fourth-floor apartment in the established Damaza complex in Arcadia presents an excellent opportunity.
Freshly repainted and with all identified defects repaired, the apartment is neat, well-maintained and ready for its next owner. Its generous living areas, lovely natural light and versatile layout make it an appealing option for first-time buyers, young professionals and property investors alike.
The apartment features a spacious main bedroom and a separate sunroom, offering valuable additional space that can be used as a second sleeping area, home office, study or reading nook.
The large lounge and dining area provides ample room to relax and entertain, while the separate kitchen offers practical functionality and a dedicated washing-machine connection. North-facing windows allow natural light to flow into the apartment, creating a welcoming living environment.
Property Features:
- Spacious main bedroom
- Separate sunroom offering flexible additional space
- Generous lounge and dining area
- Separate kitchen with wooden cupboards
- Stove and oven
- Washing-machine connection
- Bathroom with bath and basin
- Separate toilet
- Secure lock-up carport
- Additional visitors' parking
- Elevator access
- Fourth-floor position
- North-facing windows for excellent natural light
Freshly renovated!
The apartment is currently tenanted, offering investors the advantage of an existing rental income stream from day one, subject to the existing tenancy arrangements.
Asking price: R489,000
Current rental income: R6,000 per month
Annual rental income: R72,000
Gross rental yield: Approximately 14.72%
Lease arrangement: Month-to-month
Monthly levy: R1,284.80
With its refreshed condition, flexible living space, secure parking and existing rental income, this apartment offers versatility and value in the established Arcadia area of Pretoria.
Live in it yourself or invest for rental income — the choice is yours.
Contact EF Real Estate today to arrange your private viewing.