Studio Apartment at Queens Park Studios
Exclusive Listing | Asking Price: R2 700 000
Set within the ever-popular Queens Park Studios, this beautifully curated studio apartment presents a compelling opportunity for both investors and first-time buyers seeking a turnkey asset in a high-demand rental node. Thoughtfully designed and immaculately maintained, the apartment blends modern finishes with a warm, inviting aesthetic, creating a space that feels both functional and effortlessly stylish.
The interior has been carefully configured to maximise space and comfort, offering an open-plan layout that seamlessly accommodates living, sleeping, and dining. The apartment is sold fully furnished and equipped, with a complete inventory of quality fixtures and fittings already in place, allowing for a seamless transition for any purchaser looking to continue its success as a short-term rental or enjoy it as a ready-to-move-in home.
What truly sets this property apart is its proven rental performance. Currently generating a monthly rental income of R22,000 on a long-standing lease, along with an additional R900 (excl. VAT) for a secure parking bay with direct access to the building, the apartment offers immediate and stable returns. In addition, the property boasts an active Airbnb presence with consistent 5-star reviews, highlighting its desirability and strong appeal among short-term guests, further enhancing its investment credentials.
The building itself is well-positioned and sought-after, offering a secure and well-managed environment. Monthly levies are competitively set at R1,684.37, inclusive of water usage, while rates are approximately R445.22. Electricity is prepaid, averaging around R500 per month, ensuring ease of management and cost control.
Whether you are looking to expand your investment portfolio with a high-performing, income-generating asset, or secure a stylish city pad with excellent flexibility, this studio apartment ticks all the boxes. With its combination of strong returns, prime positioning, and fully furnished convenience, this is an opportunity not to be missed.
Size: ±47sqm
Asking Price: R2 700 000
Set within the ever-popular Queens Park Studios, this beautifully curated studio apartment presents a compelling opportunity for both investors and first-time buyers seeking a turnkey asset in a high-demand rental node. Thoughtfully designed and immaculately maintained, the apartment blends modern finishes with a warm, inviting aesthetic, creating a space that feels both functional and effortlessly stylish.
The interior has been carefully configured to maximise space and comfort, offering an open-plan layout that seamlessly accommodates living, sleeping, and dining. The apartment is sold fully furnished and equipped, with a complete inventory of quality fixtures and fittings already in place, allowing for a seamless transition for any purchaser looking to continue its success as a short-term rental or enjoy it as a ready-to-move-in home.
What truly sets this property apart is its proven rental performance. Currently generating a monthly rental income of R22,000 on a long-standing lease, along with an additional R900 (excl. VAT) for a secure parking bay with direct access to the building, the apartment offers immediate and stable returns. In addition, the property boasts an active Airbnb presence with consistent 5-star reviews, highlighting its desirability and strong appeal among short-term guests, further enhancing its investment credentials.
The building itself is well-positioned and sought-after, offering a secure and well-managed environment. Monthly levies are competitively set at R1,684.37, inclusive of water usage, while rates are approximately R445.22. Electricity is prepaid, averaging around R500 per month, ensuring ease of management and cost control.
Whether you are looking to expand your investment portfolio with a high-performing, income-generating asset, or secure a stylish city pad with excellent flexibility, this studio apartment ticks all the boxes. With its combination of strong returns, prime positioning, and fully furnished convenience, this is an opportunity not to be missed.
Size: ±47sqm
Asking Price: R2 700 000
Monthly Levy
R1,685
Monthly Rates
R446
Total
R2,131
Features
Interior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
