R 7950 000, 7 apartments for sale in a residential block in Lenasia Ext 5

R 7,950,000

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2 months ago39 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
Indulge in an exceptional investment opportunity in Lenasia Ext 5 with an asking price of R 7,950,000.00 We are thrilled to present to discerning investors a gateway to immediate returns with this exquisite 7-apartment building situated in the prime location of Lenasia ext 5, conveniently close to all major roadways.


This architectural gem, boasting a sophisticated face brick exterior, has recently undergone extensive renovations to ensure the pinnacle of modern living. The property comprises 5 two-bedroom, two-bathroom units, each graced with an en-suite in the master bedroom and complemented by an open-plan lounge and dining area that embodies contemporary elegance. The ultra-modern kitchens are a chef's dream, featuring sleek granite countertops, an electric stove, and an oven, designed to cater to all your culinary needs.


Additionally, the property houses 2 three-bedroom units, each offering an expansive en-suite master bedroom. These units further elevate the living experience with large, open-plan kitchen, lounge, and dining areas, mirroring the sophisticated design and high-end finishes found throughout the property. The kitchens continue the theme of luxury with granite tops and state-of-the-art appliances.


Attention to detail is evident in the renovated bathrooms, which showcase top-of-the-range finishes, ensuring a lavish bathroom experience. The convenience of individual geysers for each apartment, along with maintenance-friendly aluminium frames on all windows, underscores the thoughtful design of this property.


Security is paramount, with electric fencing enveloping the property, providing peace of mind for residents and investors alike. The dual entrance system and 7 dedicated parking bays enhance accessibility and convenience.


Each apartment benefits from its own electricity and water prepaid meters, streamlining billing processes and encouraging responsible utility usage.


Situated on a generous 1223 sqm erf and with modest rates of R 1043.74, this property is not just a residence but a lifestyle choice for those seeking the perfect blend of luxury, convenience, and investment potential.


For an exclusive viewing and to embark on a journey of lucrative investment, kindly contact Deetesh. Embrace the opportunity to own a piece of Lenasia's finest real estate and watch as your investment flourishes from day one.

Property Reference #: RL2032

Agent Details:
Deetesh Ranchod
Lencar Exclusive Properties
11 Rooigras Avenue
Bassonia
Johannesburg South
2061

Id Subtitle 1265581405
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Estimated monthly repaymentR 86,155
Total property loan amountR 7,950,000
Total interestR 12,727,131
Total repaymentR 20,677,131
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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