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Risidale, Risidale, Randburg, Gauteng
R 1 102 500
Calling all investors wanting to start or add to their property portfolio. We have a selection of 1 Bed and 2 Bed apartments for sale in The Risidale (Northcliff / Cresta / Linden Area). Chose a unit with an existing verified tenant already in place (take over the lease) or select a unit which can be transferred with vacant occupation. Ideally located just off Beyers Naude within walking distance to public transport stops and shops / restaurants. The Risidale is a modern residential complex consisting of 78 units. Built in 2017, the sectional scheme was opened in 2018 and selected units were available for purchase with the balance being retained by the developer as rental stock. The retained units are now being released for sale. The units are well finished with an open plan layout, tiles throughout, stone counter tops and built in cupboards. The complex has 24hr security as well as a small clubhouse and swimming pool. Each unit is allocated 1 covered parking bay and there are open parking bays for visitors. 1 Bed, 1 Bath units from R799 000 2 Bed, 1 Bath units from R1 102 500 2 Bed, 2 Bath units from R1 212 750 (only 3 left). *NB* The unit appearing in the photos & virtual tour may or may not be available but represents the size, layout & finishes of the available units.
Estimated monthly repayment
R 10 411
on a R 992 250 bond over 20 years at 11.25%
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Risidale, Risidale, Randburg, Gauteng
Fair-value check
Good valuePriced 9% below comparable 2-bed apartments for sale in Risidale
Based on 11 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Michael Molefe
Unclaimed listing — claim it to verify
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