R695 000 | 1 Bedroom Apartment / Flat For Sale in Modderfontein, Sandton

High-Yield Investment | Tenanted | Fully Equipped

An exceptional opportunity to secure a tenanted, income-generating apartment in the fast-growing Red Ivory Lane precinct, Modderfontein.

This 45sqm top-floor unit is perfectly positioned for investors seeking immediate returns with minimal setup. The apartment is already occupied, allowing you to step straight into a performing asset from day one.

Designed for modern, low-maintenance living, the unit includes:

1 spacious bedroom and 1 bathroom
A functional, open-plan layout with excellent natural light
Fully equipped kitchen with fridge, washing machine, and tumble dryer included

Cost-efficiency is a major advantage, with:

Smart metered electricity, gas, and water
Gas stove and gas geyser for reduced utility expenses and load-shedding resilience

Additional features:

Top-floor positioning for added privacy and better views
1 covered parking bay
Access to the Gautrain bus route, enhancing tenant demand

Located in an up-and-coming node of Modderfontein, this area continues to attract young professionals, ensuring strong rental demand and future capital growth.