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Ridgeway, Ridgeway, Johannesburg, Gauteng
R 550 000
3-Bedroom Simplex for Sale in Lion Ridge Complex, Johannesburg Priced to Sell, Investment Opportunity This well-priced 3-bedroom simplex presents a rare opportunity to secure a home in the popular Lion Ridge Complex in Ridgeway. Whether you’re a first-time buyer, small family, or investor, this property offers outstanding value in a high-demand area. An Affordable Entry into Secure Estate Living in Johannesburg South Investment-Ready – Immediate Rental Income The property is currently tenant-occupied, generating a steady rental income of R5,000 per month, making it a turnkey investment with returns from day one. Property Features ·3 Bedrooms with built-in cupboards ·Full bathroom (bathtub, basin & toilet) ·Open-plan lounge and kitchen – practical, low-maintenance living ·Private garden – easy to maintain and ideal for relaxing ·Covered carport plus ample visitors’ parking ·Secure & Lifestyle-Friendly Complex ·24-hour access-controlled security ·Communal clubhouse ·Wheelchair-friendly design ·Pet-friendly environment Prime Location – Ridgeway Close to Southgate Shopping Centre Easy access to major freeways Near President High School & Ridgeway Primary School Convenient access to clinics and hospitals Property Details Floor Size: 57 m² Rates, Taxes & Levies: R1,500 Exceptional Value Comparable 3-bedroom units in secure complexes in Johannesburg South typically sell at higher price points, making this property a standout value-for-money opportunity. Well-priced units in Lion Ridge don’t stay on the market for long. Enquire today to arrange a viewing and secure this excellent deal before it’s gone.
Estimated monthly repayment
R 5 194
on a R 495 000 bond over 20 years at 11.25%
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Ridgeway, Ridgeway, Johannesburg, Gauteng
Liivra AI market value
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Listed by
Francois Le Roux
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