1 Bedroom House in Dainfern

Studio Apartment For Sale. Set in Dainfern within the greater Fourways node, The Paddocks is a secure, lifestyle-focused estate that consistently attracts tenants looking for convenience, safety and lock-up-and-go living. Residents enjoy an on-site clubhouse lifestyle with communal facilities such as a swimming pool, tennis court, basketball court, childrens play areas and laundry facilities, in an access-controlled environment.A key drawcard and the reason investors like this complex is the walk-to-everything convenience: the estate has direct access to Dainfern Square Shopping Centre with everyday essentials and restaurants, plus a Virgin Active on your doorstep. The wider area supports strong rental demand because its close to major lifestyle and retail destinations like Fourways Mall and Montecasino, with easy access toward Sandton and nearby Lanseria International Airport.What investors typically do hereMost buyers in this price band purchase to place a long-term tenant typically young professionals because the security, amenities, and immediate shopping access reduce vacancy risk and keep the unit easy to let. Some owners also explore short-stay accommodation in the area, but that depends on the schemes conduct rules and should be confirmed before marketing it that way.Income possibility at a R650,000 purchase price grossRecent studiobachelor rental listings in the Dainfern area show asking rentals around R5,800 to R6,500 per month.Using that range:Annual rent: R5,800 12 R69,600 R6,500 12 R78,000Gross yield: R69,600 R650,000 10.7 R78,000 R650,000 12.0 Show more Show less