R 2 699 000

2 Bedroom Apartment / Flat for Sale in Sandown

Sandown, Sandton

2
2
2
79 m²

Investor’s Dream: 2-Bedroom, 2-Bathroom Apartment for Sale at The Capital on The Park – R2,699,000

Elevate your investment portfolio with this luxurious 2-bedroom, 2-bathroom apartment at The Capital on The Park in the heart of Sandton. While the property pictured showcases a similar unit on a high floor directly under the pool, please note that the available unit is located on the 1st floor, providing the same premium amenities and stylish layout.

Currently leased at R24,000 per month, this unit offers a steady stream of income with the added flexibility to rent directly through The Capital’s hotel program, maximizing your ROI in a high-demand area.

ROI Calculation:

• Monthly Rental Income: R24,000

• Annual Rental Income: R24,000 x 12 = R288,000

• Purchase Price: R2,799,000

• Annual ROI: Approximately 10.3% (excluding levies and rates)

This attractive ROI,...

Investor’s Dream: 2-Bedroom, 2-Bathroom Apartment for Sale at The Capital on The Park – R2,699,000

Elevate your investment portfolio with this luxurious 2-bedroom, 2-bathroom apartment at The Capital on The Park in the heart of Sandton. While the property pictured showcases a similar unit on a high floor directly under the pool, please note that the available unit is located on the 1st floor, providing the same premium amenities and stylish layout.

Currently leased at R24,000 per month, this unit offers a steady stream of income with the added flexibility to rent directly through The Capital’s hotel program, maximizing your ROI in a high-demand area.

ROI Calculation:

• Monthly Rental Income: R24,000

• Annual Rental Income: R24,000 x 12 = R288,000

• Purchase Price: R2,799,000

• Annual ROI: Approximately 10.3% (excluding levies and rates)

This attractive ROI, combined with Sandton’s premium rental market, makes this property a lucrative addition to any investor’s portfolio.

Property Highlights:

• 1st Floor Unit with 2 Separate Entrances and an interleading door—ideal for renting as two units or as one spacious suite

• Option to Rent Through The Capital – Maximize returns with flexible hotel management

• Current Lease at R24,000/Month – Immediate rental income guaranteed

Luxury Amenities at The Capital on The Park:

• 24/7 Concierge and Security for peace of mind

• On-Site Restaurant and Bar – Fine dining just steps away

• Pool, Gym, and Spa – World-class wellness facilities

• Meeting Rooms and Co-Working Spaces – Ideal for business professionals

• Shuttle Services and Proximity to Gautrain – Simplified travel and commuting

Prime Sandton Location

Located in Johannesburg’s business hub, this property is near Sandton City, Nelson Mandela Square, top restaurants, and major offices, ensuring consistent demand from long-term tenants and short-term guests alike.

Maximize Your Investment

With flexible leasing options, a prime location, and a solid 10.3% ROI, this apartment at The Capital on The Park is an ideal investment. Contact us today to make this standout property yours!

Bedrooms: 2

Bathrooms: 2

Parking: 2

No Pets Allowed

Pool

Garden

Backup Battery / Inverter

Listing number: P24-115220523, Image number: 1, Image

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Property Overview

Listing Number

115220523

Type of Property

Apartment / Flat

Listing Date

14 November 2024

Erf Size

5 971 m²

Floor Size

79 m²

Price per m²

R 34 165

Pets Allowed

No

Rooms

Bedrooms

2

Bathrooms

2

Kitchens

1

Reception Rooms

2

External Features

Parking

2

Secure Parking

Garden

Yes

Pool

Yes

Building

Roof

Concrete

Wall

Concrete

Backup Power

Backup Battery / Inverter

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.