FEATURED
Web Ref RL2763
R499,000
Monthly Bond Repayment R4,898.40
Calculated over 20 years at 10.25% with no deposit.
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Monthly Levy
R1,250
R1,250
Monthly Rates
R470
R470
Special Levy
R460.37
R460.37
Attractive Ground-Floor Investment Opportunity – Lion Ridge, Ridgeway
This well-maintained, ground-floor, stand-alone unit is a smart investment opportunity, offering strong rental appeal and comfortable living in a secure, family-friendly complex.
The home features three well-sized bedrooms, all with built-in cupboards. The main and third bedrooms are carpeted, while the second bedroom offers wooden flooring, making it versatile for use as a bedroom, home office, or guest room. The tiled lounge creates a clean, low-maintenance living space ideal for tenants or long-term owners.
The fully tiled bathroom includes a toilet, bathtub, and hand shower. The kitchen is fitted with built-in cupboards and a stove, offering practical functionality for everyday living. Both prepaid water and electricity are in place, ensuring excellent cost control for investors.
Additional features include two dedicated parking bays, adding convenience and value. The unit’s ground-floor, stand-alone layout makes it especially attractive to families, elderly couples, and long-term tenants seeking easy access and privacy.
The complex is well run and secure, with 24-hour security guards, a friendly neighbourhood atmosphere, and two communal swimming pools, enhancing tenant retention and lifestyle appeal.
Financials:
Levies: Approximately R1,250.00
Special levies (water & electricity): R460.37
Rates & taxes: Approximately R470.00
This property offers an excellent balance of affordability, security, and rental potential in a sought-after area.
Contact me today to secure a viewing and take advantage of this solid investment opportunity.
The home features three well-sized bedrooms, all with built-in cupboards. The main and third bedrooms are carpeted, while the second bedroom offers wooden flooring, making it versatile for use as a bedroom, home office, or guest room. The tiled lounge creates a clean, low-maintenance living space ideal for tenants or long-term owners.
The fully tiled bathroom includes a toilet, bathtub, and hand shower. The kitchen is fitted with built-in cupboards and a stove, offering practical functionality for everyday living. Both prepaid water and electricity are in place, ensuring excellent cost control for investors.
Additional features include two dedicated parking bays, adding convenience and value. The unit’s ground-floor, stand-alone layout makes it especially attractive to families, elderly couples, and long-term tenants seeking easy access and privacy.
The complex is well run and secure, with 24-hour security guards, a friendly neighbourhood atmosphere, and two communal swimming pools, enhancing tenant retention and lifestyle appeal.
Financials:
Levies: Approximately R1,250.00
Special levies (water & electricity): R460.37
Rates & taxes: Approximately R470.00
This property offers an excellent balance of affordability, security, and rental potential in a sought-after area.
Contact me today to secure a viewing and take advantage of this solid investment opportunity.
Features
Pets Allowed
No
Interior
Bedrooms
3
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
2
Pool
Yes
Sizes
Floor Size
57m²
