?Unbeatable cash flow meets low-maintenance living in this fully renovated 2-bedroom, 1-bathroom second-floor apartment. Positioned right on the border of Florida and Discovery, this unit delivers an exceptional 15.53% gross annual return with immediate rental income.
?Key Financial Highlights
?Gross Rental Income: R5,070.00 per month
?Tenant Terms: Tenant pays all monthly levies and utilities directly
?Annual Return: Outstanding 15.53% gross yield—far exceeding regional averages
?Occupancy: Tenanted from day one with zero lease gap or start-up friction
?Property Features & Interior
?Living Area: Expansive open-plan lounge with a durable, low-maintenance stone floor.
?Layout Innovation: Stylish interior glass sliding door linking the main bedroom to the living space for maximum ambient light.
?Bedrooms: Two spacious bedrooms with generous built-in cupboards and large windows overlooking the park.
?Kitchen: Neat, compact layout with ample cabinet storage, double sink, and counter-top stove.
?Bathroom: Modern full bath/shower combination with basin and curtain rail.
?Location & Florida Area Amenities
?Parking & Security: Dedicated secure underground basement parking.
?Parks & Leisure: Direct views over neighboring green park spaces; minutes from Florida Lake.
?Education Hub: Walking distance to top local schools including Florida Primary, Hoërskool Florida, Discovery Primary, and St Catherine's Convent.
?Connectivity & Shopping: Convenient access to Goldman Street, Ontdekkers Road, Florida Junction, public transport routes, and Westgate Shopping Centre.
?Investor Advantage Highlights
?Net Return Protection: Having the tenant pay all levies and municipal utilities shields your bottom line from tariff increases.
?High Tenant Demand: Proximity to major transport corridors and top schools ensures high occupancy rates and minimal vacancies in the Florida/Discovery precinct.