NO TRANSFER DUTY
Web Ref MRL1671
R950,000
Monthly Bond Repayment R9,325.61
Calculated over 20 years at 10.25% with no deposit.
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Monthly Levy
R1,920
R1,920
Monthly Rates
R824
R824
Terra Nova, Cedar Lakes - Modern two bedroom two bathroom top floor apartment for sale - R950,000
For Sale – Top Floor 2 Bed / 2 Bath Apartment in Terra Nova, Cedar Lakes
Price: R 950,000
Rates (monthly): R 824
Levies (monthly): R 1,920
Current rental potential: R 9,500 per month
Property Highlights:
Top-floor position within the secure and well-managed Terra Nova Complex at Cedar Lakes Estate – offering privacy, elevated views and a quieter environment.
Two spacious bedrooms, each with convenient access to two bathrooms — ideal for owners or tenants seeking flexibility.
Bright open-plan living area leading to a balcony (top floor)—perfect for entertaining or relaxing with a view over the estate’s greenery.
Well-appointed kitchen with room for modern appliances and a good layout that flows into the living/dining space.
Secure parking plus visitor bays. The complex is gated and benefits from estate security, making this a strong investment or lifestyle purchase.
Excellent rental return potential: currently generating around R 9,500 p/m, which equates to strong yield given the purchase price.
The top floor unit typically draws a premium for views and light, making it attractive both for rental market and resale.
Cedar Lakes Estate is a desirable location, offering lifestyle amenities and strong demand in the rental market — giving peace of mind for owner-occupiers or investors.
Price at R 950,000 offers an accessible entry into the market for buyers, with immediate income potential.
Vacant possession possible if owner-occupier wishes to move in; otherwise tenant remains for continuity of income.
Price: R 950,000
Rates (monthly): R 824
Levies (monthly): R 1,920
Current rental potential: R 9,500 per month
Property Highlights:
Top-floor position within the secure and well-managed Terra Nova Complex at Cedar Lakes Estate – offering privacy, elevated views and a quieter environment.
Two spacious bedrooms, each with convenient access to two bathrooms — ideal for owners or tenants seeking flexibility.
Bright open-plan living area leading to a balcony (top floor)—perfect for entertaining or relaxing with a view over the estate’s greenery.
Well-appointed kitchen with room for modern appliances and a good layout that flows into the living/dining space.
Secure parking plus visitor bays. The complex is gated and benefits from estate security, making this a strong investment or lifestyle purchase.
Excellent rental return potential: currently generating around R 9,500 p/m, which equates to strong yield given the purchase price.
The top floor unit typically draws a premium for views and light, making it attractive both for rental market and resale.
Cedar Lakes Estate is a desirable location, offering lifestyle amenities and strong demand in the rental market — giving peace of mind for owner-occupiers or investors.
Price at R 950,000 offers an accessible entry into the market for buyers, with immediate income potential.
Vacant possession possible if owner-occupier wishes to move in; otherwise tenant remains for continuity of income.
Features
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
2
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
105m²
