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Modderfontein, Modderfontein, Edenvale, Gauteng
R 695 000
High-Yield Investment | Tenanted | Fully Equipped An exceptional opportunity to secure a tenanted, income-generating apartment in the fast-growing Red Ivory Lane precinct, Modderfontein. This 45sqm top-floor unit is perfectly positioned for investors seeking immediate returns with minimal setup. The apartment is already occupied, allowing you to step straight into a performing asset from day one. Designed for modern, low-maintenance living, the unit includes: 1 spacious bedroom and 1 bathroom A functional, open-plan layout with excellent natural light Fully equipped kitchen with fridge, washing machine, and tumble dryer included Cost-efficiency is a major advantage, with: Smart metered electricity, gas, and water Gas stove and gas geyser for reduced utility expenses and load-shedding resilience Additional features: Top-floor positioning for added privacy and better views 1 covered parking bay Access to the Gautrain bus route, enhancing tenant demand Located in an up-and-coming node of Modderfontein, this area continues to attract young professionals, ensuring strong rental demand and future capital growth.
Estimated monthly repayment
R 6 563
on a R 625 500 bond over 20 years at 11.25%
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Modderfontein, Modderfontein, Edenvale, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 13% below comparable 1-bed apartments for sale in Modderfontein
Based on 105 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
David Zulu
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