- 1
- 1
- 57 m2
- 57.0 m2
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Property description
Modern Living Meets Excellent Investment Potential!
Located in the highly desirable Red Ivory Lane in Modderfontein, this contemporary one-bedroom apartment presents an exciting opportunity for first-time buyers, young professionals, or investors looking to secure a property in a popular and fast-growing area.
The seller is inviting offers from R750,000!
The apartment features a bright and functional open-plan layout, with the modern kitchen and living area flowing seamlessly onto a private patio. This inviting outdoor space is ideal for enjoying your morning coffee, relaxing after a long day, or entertaining guests.
The spacious bedroom offers comfortable accommodation and is serviced by a full bathroom, making this apartment both practical and stylish.
AN ATTRACTIVE SHORT-TERM RENTAL INVESTMENT
Currently being utilised as an Airbnb, the apartment has the potential to generate approximately R1,500 per night, making it an appealing option for investors exploring the short-term rental market.
Actual income will depend on occupancy rates, operating expenses, seasonal demand, and applicable estate rules. Buyers are encouraged to verify historical rental performance and Airbnb permissions.
PROPERTY FEATURES
- One spacious bedroom
- One full bathroom
- Modern open-plan kitchen and lounge
- Private patio
- Existing Airbnb use with potential income of approximately R1,500 per night
- Pet-friendly estate
- Communal swimming pool
- Children's play area
- 24-hour manned security
- Access-controlled estate
SECURE ESTATE LIVING
Enjoy peace of mind in a secure, access-controlled estate with 24-hour security. Residents also benefit from lifestyle amenities, including a swimming pool and children's play area, creating an appealing environment for a variety of lifestyles.
PRIME MODDERFONTEIN LOCATION
Conveniently positioned close to major shopping centres, reputable schools, medical facilities, and key transport routes, Red Ivory Lane offers easy access to everyday essentials and surrounding business hubs.
Whether you are looking for your first home, a convenient lock-up-and-go lifestyle, or an investment property with short-term rental potential, this apartment offers an appealing combination of modern living, security, and location.
The seller is inviting offers from R750,000! Contact us today to arrange a viewing and submit your offer.
Property Details
- 1 Bedrooms
- 1 Bathrooms
- 1 Ensuite
Property Features
- Balcony
- Pool
- Club House
- Pets Allowed
- Fence
- Security Post
- Access Gate
- Scenic View
- Kitchen
| Bedrooms | 1 |
| Bathrooms | 1 |
| Floor Area | 57 m2 |
| Erf Size | 57.0 m2 |
Contact the Agent
Kayla Tryon
Full Status Property Practitioner