By now, you have probably seen plenty of investment listings working very hard to sound exciting.
They talk about “potential”, “possibilities” and “blank canvases”, which is all very inspiring until you realise you are still expected to furnish the place, manage the setup, solve the parking problem and somehow turn one ordinary apartment into an entire investment strategy.
This is where the maths starts making more sense.
On offer are two fully furnished 2 bedroom, 2 bathroom apartments sold together as one turnkey package. Combined, they provide 4 bedrooms, 4 bathrooms, 3 secure parking bays and two private balconies.
Both apartments feature open-plan living, well-appointed kitchens, contemporary interiors and excellent natural light. The furniture is included, which means the expensive, time-consuming and strangely emotional process of choosing beds, couches, tables and appliances has already been handled.
The development is well located close to the CBD, shops, restaurants, lifestyle attractions and major transport routes. It is well suited to short-term letting and offers the practical features that matter to both guests and residents, including good security, a communal swimming pool and a pet-friendly policy, subject to body corporate approval.
The real advantage, however, is flexibility.
Use both apartments for short-term letting. Place them in the long-term rental market. Keep one for personal use and let the other. Accommodate family, guests or staff. Change the strategy later without having to sell the entire asset and start again.
That is the part many listings leave out while they are busy describing the splashback.
This is not an opportunity that depends on imagination, renovation or a heroic amount of admin. It is furnished, versatile and ready to work from the outset.
Sometimes the better opportunity is not the one trying hardest to look impressive.
It is the one that simply gives you more options.
Rates: R1 200 per apartment
Levies: R4 600 per apartment
Combined asking price: R4 750 000.