2 Bedroom Apartment in Townsend Estate

Description

INVESTMENT OPPORTUNITY SECURE YOUR PICK OF THE AVAILABLE 2 BEDROOM UNITSAn exciting opportunity for investors to acquire a tenanted one-bedroom apartment as part of a limited release of individually owned apartments within an established residential building.With 22 apartments currently available across a selection of one- and two-bedroom units, early purchasers have the advantage of choosing from the available apartments based on position, layout and preference.This particular one-bedroom apartment is already tenanted, providing rental income from the outset and removing the immediate need to source a tenant. The building has an established rental history, with a number of long-standing tenants who have occupied their apartments for many years.As part of the sale process, the apartment will be refurbished, including painting and necessary repairs, offering the purchaser a refreshed investment property with an existing income stream.The practical one-bedroom layout is well suited to the rental market and offers an accessible opportunity for both first-time and established property investors looking to expand their portfolios.With units being sold individually, availability and choice will reduce as apartments are secured.Contact us to arrange a viewing, discuss the available units and rental information, and select the apartment that best suits your investment requirements.

What we know about this property

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Portal facts

Levies

R 975

Land size

1 426 m²

Floor size

55 m²

Listing date

9 Sep 2026

Property type

Apartment

Listing number

T5616329

Feature: Kitchen

yes

Feature: Lounges

1

Feature: Bedrooms

2

Feature: Bathrooms

1

Feature: Open parking

1

Feature: Built in cupboards

yes