Studio Apartment in Richmond

Whether you''re a first-time buyer looking to enter the property market or an investor seeking an income-generating asset, this well-positioned 27m² bachelor apartment is an opportunity not to be missed.Designed for comfortable, low-maintenance living, the apartment offers a spacious open-plan layout with large windows that fill the home with natural light. The well-appointed kitchen features a breakfast nook, built-in stove and oven, space for a fridge, and plumbing for an under-counter washing machine.The living area includes a three-door built-in cupboard, while the bathroom is fitted with a bath with a handheld, toilet, and wash basin. A private balcony provides the perfect spot to enjoy some fresh air.Residents enjoy access to excellent communal amenities, including two swimming pools, a braai area, communal washing lines, and ample open parking on a first-come, first-served basis.Ideally located close to Milpark Hospital, Milpark Business School, the University of Johannesburg, University of the Witwatersrand, Lancet Laboratories, as well as Melville, Auckland Park, Parktown and Braamfontein, this apartment offers exceptional convenience with easy access to major transport routes, business districts and educational institutions.A fantastic investment opportunity, the apartment is currently tenanted until 30 June 2027, generating a rental income of R4,750 per month, allowing you to earn from the day of transfer.Rates & Taxes: R550 per monthLevies: R620 per month Show more Show less