Web Ref No TPR16769

This 2-bedroom, 2-bathroom apartment is a fantastic opportunity for both homeowners and investors. Located in the well-maintained Colorado Complex in the heart of Ferndale, this unit offers comfortable living with easy access to all major amenities. The spacious interior, combined with the affordability of its rates and levies, makes it a standout investment opportunity.

Key Features:
2 Bedrooms, both with ample built-in cupboard space
2 Bathrooms, perfect for privacy and comfort
A kitchen separate from living area
Spacious lounge area that opens up to a private balcony, ideal for relaxing after a long day
Secure complex with 24/7 security, ensuring peace of mind for residents
Allocated covered parking space plus additional visitor parking
Well-maintained communal areas and gardens

Investment Potential:
With competitive rates and levies (Rates: R256, Levy: R1,032, Sewer: R704), this property offers low monthly costs, making it a smart investment for landlords or first-time buyers. The recent interest rate reduction further enhances this property’s appeal, making home loans more affordable and increasing the potential for solid returns.

Why Colorado Complex?:
Proximity to schools, shopping centers, and major roads (N1 highway and Malibongwe Drive), providing convenience for tenants or homeowners
Located in a rapidly developing area of Ferndale, ensuring potential capital growth over time
Affordable pricing compared to similar units on the market, giving you value for your investment

A Prime Opportunity:
If you’re looking to invest in a well-priced, centrally located property with great potential for rental income or future growth, this unit is a must-see. The combination of affordable levies, great amenities, and ideal location makes this a solid opportunity in a highly competitive market.

Contact me today to arrange a viewing or for more information on how this property can fit into your investment portfolio!