• 2
  • 1
  • 58 m2

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Mun. Rates & Taxes: ZAR 216.00

Monthly Levy: ZAR 2260.00

Property description

This delightful apartment is located in the much sought-after Madison Square Gardens complex, right on the Table View/Parklands border. This is one of the most spacious complexes in the suburb, where just 24 units are hidden away on an enormous plot of almost 5 000 sq m. What that means is that the communal garden area is vast, with large grassed areas, punctuated with many elegant, tall, tall palm trees.

Likewise, that also means there’s tonnes of parking space and some units even come with separate garages. This unit is on the first floor of one of the blocks which offers lovely inland views from the balcony.

The apartment itself is a very decent 58 sq m in size, consisting of a spacious lounge with sliding doors leading out onto the welcoming balcony, offering an ideal place to enjoy the first coffee of the day in quiet serenity. Then there’s a cute kitchen with a breakfast bar and top and bottom cupboards and is plumbed for one appliance. There are two generously-sized bedrooms; both with built-in cupboards and both are serviced by a family bathroom, which boasts a huge walk-in shower, plus basin and loo.

Extras include aluminium windows throughout; a communal swimming pool; a dedicated parking bay; loads of Visitors Parking bays - and there are separate Entrance and Exit gates, meaning there’s never a logjam of vehicles trying to go in opposite directions, even at peak traffic times.

The unit is currently tenanted through to the end of August this year, with the very happy tenant of the last 4 years hoping to stay on if the new owner is also looking to rent the place out.

The owners of this unit could probably be accused of being guilty of under-estimating the current monthly income that an apartment such as this should be realising. The current rental is R 8 820 per month but similar units in the area are easily commanding rentals of R 10 500 to R 11 000 pm, so the current tenant is well aware that any new owner will likely increase the rental quite significantly to meet current market prices, when he/she takes over.

The unit is being offered at a highly-competitive Asking Price of R 1.099 m, and as such, we’re expecting a flurry of interest, viewings and offers, so if this proposition comes anywhere close to meeting your requirements – whether to rent out or to live there yourself, I would strongly recommend ensuring that there are no delays whatsoever in contacting me to book you appointment to view – because for sure, any hesitation is more than likely going to end in disappointment, when it’s snapped up by someone else!

I look forward to your call! …

Property Details

  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Lounges
  • 1 Dining Area

Property Features

  • Pool
  • Pets Allowed
  • Access Gate
  • Kitchen
  • Bathroom
  • Bedroom
  • Dining Room
  • Garden
  • Kitchen
  • Living Room/lounge
  • Parking
  • Pool
  • Security
  • Special Feature