2 Bedroom Apartment / flat for sale in Dainfern

THE PADDOCKS | 2 BEDROOM APARTMENT | INVESTMENT OPPORTUNITY Asking Price: R790,000 If you`re looking for an affordable buy-to-let opportunity with strong rental appeal, this third-floor apartment in The Paddocks deserves your attention. With comparable rentals within the estate suggesting an achievable rental income of approximately R8,500 to R9,000 per month, this property offers an estimated gross yield of approximately 12.9% to 13.7% at the current asking price. The apartment offers a practical, low-maintenance layout designed to attract and retain quality tenants. The open-plan kitchen and living area create a comfortable living space, while two well-sized bedrooms with built-in cupboards provide flexibility for young professionals, couples, or small families. The kitchen features ample cupboard space, a breakfast nook, a built-in wine rack, under-counter washing machine space, and room for a single-door fridge. The apartment is tiled throughout, making maintenance simple and cost-effective between tenancies. Monthly Costs: • Levies: R2,189.00 • Effluent: R802.39 • Rates: R602.91 • Refuse: R359.50 Total Monthly Charges: R3,953.80 The Paddocks remains a popular choice among tenants thanks to its excellent security and lifestyle amenities. Residents enjoy biometric access control, providing peace of mind and enhanced security within the estate. Lifestyle facilities include a swimming pool, a clubhouse, braai facilities, a function venue, a tennis court, a dedicated car wash area, and multiple children`s playgrounds located throughout the estate. These amenities contribute to stronger tenant retention and ongoing rental demand. Ideally located near Dainfern Shopping Centre, William Nicol Drive, major transport routes, private schools, and healthcare facilities, the estate offers convenient access to key amenities while maintaining a secure residential environment. Whether you`re purchasing your first investment property or expanding an existing portfolio, this apartment offers the combination of affordability, security, and rental potential that investors look for. Investment Highlights: • Asking Price: R790,000 • Estimated Rental Income: R8,500 – R9,000 per month • Estimated Gross Yield: ±12.9% – 13.7% • Biometric Security Estate • Strong Tenant Demand Area • Excellent Lifestyle Amenities • Easy Access to Major Routes and Amenities Contact us today to arrange a viewing.