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2b1b Southgate Ridge, 1 Ceres St, Johannesburg, 2064, Meredale, Johannesburg, Gauteng
R 769 900
This family-friendly complex is situated on an attractive mountain ridge in Meredale, Johannesburg. 24-hour security, electric fencing, and strict access-controlled entrance and exit offer residents and owners complete peace of mind. Investors can chart a course to excellent long-term rental yields with already-tenanted units and monthly contributions comfortably under R1000/month in the first years. Solar geysers keep costs down for residents, and apartments are stylishly fitted for easy care, with built-in cupboards and tiles throughout. Convenient educational and employment opportunities, and the close proximity to shopping and major highways make this a highly sought-after rental area with excellent occupancy rates. Priced from R769,900 2-Bed, 1-Bath Apartments FANTASTIC BENEFITS FOR INVESTORS - IGrow Bonus (rental assist) up to R32,400* - 100% Rental Management Discount for 3 years (valued up to R29,202*) - Bond and Transfer fees included (saving you up to R53,495*) - Rental income up to R6,875 / month* - ROI up to 12.97%* - Monthly contribution as low as R815 / month* - Already tenanted - earn income on registration - Up to 100% bond financing arranged for you - Zero deposit required DEVELOPMENT KEY HIGHLIGHTS - Development - 24hr Security with access control - Electric fencing on perimeter walls - Children's play area with see-saws, swing sets and jungle gym - Storeroom within the complex – R150 p/m - 1 covered carport per unit APARTMENT PERKS AND FEATURES - All units have balconies or patios, some with mountain views - Full Bathroom - Fully tiled throughout - Fully fitted kitchen with built-in oven and hob - Space for dishwasher or washing machine - Pre-paid electricity - DSTV & WIFI ready - Solar geysers - Burglar bars & front door security gate
Estimated monthly repayment
R 7 270
on a R 692 910 bond over 20 years at 11.25%
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2b1b Southgate Ridge, 1 Ceres St, Johannesburg, 2064, Meredale, Johannesburg, Gauteng
Liivra AI market value
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Fair-value check
Priced highPriced 26% above comparable 2-bed apartments for sale in Meredale
Based on 44 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Nkosi Pretorius
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