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Langeberg Ridge, Langeberg Ridge, Kraaifontein, Western Cape
R 1 795 000
This well-positioned first-floor apartment presents a compelling investment opportunity, with a rental agreement already in place until 31 May 2027, generating a steady income of R12 500 per month. The unit offers a practical, low-maintenance layout designed for consistent tenant appeal. The open-plan living area extends onto a private balcony with a built-in braai, enhancing the overall rental desirability and lifestyle offering. The kitchen is fitted with engineered stone countertops, while both bedrooms include built-in cupboards and are well-proportioned for comfortable everyday living. Additional features include two covered parking bays, prepaid water and electricity for simplified management, and a secure, well-maintained complex environment — all key factors supporting long-term tenant retention. Conveniently located within walking distance to Okavango Crossing Shopping Centre, the property benefits from strong rental demand due to its accessibility to essential amenities and major routes. This is a plug-and-play investment with immediate returns and a lease in place, reducing vacancy risk and offering peace of mind to the investor. Note: Photos displayed are of a similar unit within the complex.
Estimated monthly repayment
R 16 951
on a R 1 615 500 bond over 20 years at 11.25%
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Langeberg Ridge, Langeberg Ridge, Kraaifontein, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 9% below comparable 2-bed apartments for sale in Langeberg Ridge
Based on 18 comparable listings
A market signal from comparable listings — not a formal valuation.
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