We are an property investment entity, specializing in the leasing/renting out of shared rental apartments.
We are in the process of offloading a portion of our large portfolio of apartments in West Side Ridge complex, in Westdene in Johannesburg.
We are selling the apartments as they are, including the furniture and appliances. All apartments are three bedrooms apartments.
Purchase Price - R 750 000 per apartment. Monthly Levies R 3 015.84
Monthly rates and taxes - R 776.65 per month.
As of the December 2023 Annual Financial Statements, the Body Corporate had R 6.3million in equity.
We can also assist with management of the properties as investment properties.
The apartments are fully furnished.
Lounge area - Smart TV, Couches and Coffee Table
Kitchen - Washing machine, microwave, fridge, kettle, etc
External - 2 parking bays, swimming...
We are an property investment entity, specializing in the leasing/renting out of shared rental apartments.
We are in the process of offloading a portion of our large portfolio of apartments in West Side Ridge complex, in Westdene in Johannesburg.
We are selling the apartments as they are, including the furniture and appliances. All apartments are three bedrooms apartments.
Purchase Price - R 750 000 per apartment. Monthly Levies R 3 015.84
Monthly rates and taxes - R 776.65 per month.
As of the December 2023 Annual Financial Statements, the Body Corporate had R 6.3million in equity.
We can also assist with management of the properties as investment properties.
The apartments are fully furnished.
Lounge area - Smart TV, Couches and Coffee Table
Kitchen - Washing machine, microwave, fridge, kettle, etc
External - 2 parking bays, swimming pool, braai facilities, laundry services, 24hr security, gardens, etc
Electricity is prepaid.
2024 Rent was as follows:
Room 01 (Main Bedroom, double bed, desk, chair and built-in wardrobes) – R 4 500
Room 02 - Single Bedroom, three quarter sized bed, desk, chair, and built-in wardrobes) – R 4 150
Room 03 - Single Bedroom, three quarter sized bed, desk, chair and built-in wardrobes) – R 4 150
The address is West Side Ridge, 6 Korea Road, Westdene.
The complex is close to amenities:
- 1.4kms from Campus Square
- 1.4kms from UJ APK Campus
- 1.6kms from Helen Joseph Hospital
- 2.1kms from Media Park
- 2.3kms from SABC Media Park
- 2.8kms Lancet Laboratories
- 3.5kms from Milpark Hospital
- 4.5kms from KPMG Crescent
Our tenant profile is usually a combination of young graduates, employed young people and students.
Please don’t hesitate to let me know should you want to view the apartments that are up for sale.