- 3
- 2
- 104 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 721.00
Monthly Levy: ZAR 2667.00
Special Levies: ZAR 0.00
Property description
An ideal opportunity for savvy investors — this immaculate 104m² ground-floor garden apartment in the sought-after Red Ivory Lane is priced to sell and currently generates a reliable rental income of R13,500 per month (excluding utilities).
Beautifully designed for modern living, the apartment features three spacious bedrooms and two stylish bathrooms, offering comfort, functionality, and contemporary appeal. The sleek open-plan kitchen with Caesarstone countertops and a large central island flows effortlessly into the dining and lounge area, creating a bright and inviting living space. Large sliding doors open onto a covered patio with a built-in gas braai, overlooking a private, well-maintained garden — perfect for relaxed outdoor living or entertaining.
The complex is pet-friendly (two small pets allowed with body corporate approval) and offers residents the peace of mind of 24-hour guarded security, along with lifestyle amenities including a clubhouse, swimming pool, and children’s play area. Two dedicated carports and ample visitor parking add to the convenience.
Red Ivory Lane is a secure, well-managed development that continues to show excellent growth and tenant demand. Whether you’re looking to expand your investment portfolio or secure a modern home in a prime Modderfontein location, this is an exceptional opportunity not to be missed.
Additional monthly cost: Pikitup refuse – R353.05
Property Details
- 3 Bedrooms
- 2 Bathrooms
- 1 Ensuite
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Pool
- Club House
- Pets Allowed
- Security Post
- Access Gate
- Kitchen
- Built In Braai
- Garden
| Bedrooms | 3 |
| Bathrooms | 2 |
| Floor Area | 104 m2 |
