Residential Development - Southgate Ridge

The family-friendly apartment complex is situated on an attractive mountain ridge in Meredale, Johannesburg South. Owners and residents have peace of mind with 24-hour security, electric fencing, and strict access controlled entrance and exit. Solar geysers keep costs down for residents, and apartments are stylishly fitted for easy care, with built in cupboards and tiles throughout. Convenient educational and employment opportunities, and close proximity to shopping and major highways make this a very high-demand rental area with excellent occupancy rates.

INVESTMENT OPPORTUNITY

SAVE up to R115,097 with IGrow's exclusive discount.

Investors can chart a course to excellent long-term rental yields with already-tenanted units and monthly contributions comfortably under R1,000/month in the first years.

>> Gross Rental Yields up to 12.97%
>> Exclusive IGrow Discount: Save up to R115,097!
>> Monthly contribution from only R815/month
>> Rental Income up to R6,875

KEY DEVELOPMENT HIGHLIGHTS

- 24hr Security with access control
- Electric fencing on perimeter walls
- Children's play area with see-saws, swing sets and Jungle Gym
- Storeroom within the complex - R150 p/m
- 1 Covered carport per unit

APARTMENT FEATURES

- 2 Bedrooms | 1 Bathroom
- All units have balconies or patios, some with mountain views
- Full Bathroom
- Fully tiled throughout
- Fully fitted kitchen with built-in oven and hob
- Space for dishwasher or washing machine
- Pre-paid electricity
- DSTV & WIFI ready
- Solar geysers
- Burglar bars & front door security gate

PDF Brochures and Floorplans

Units

Typical 2 Bedroom, 1 Bathroom Unit

R 769 900

2 1
A modern 2-bedroom, 1-bathroom apartment featuring a fully fitted kitchen with oven and hob, tiled finishes, balcony or patio (some with mountain views), prepaid electricity, solar geyser, and secure living with burglar bars and a security gate, plus DSTV and WiFi readiness.
Property Type	Apartment
Carports	1
Levy	R 740
Rates	R 711
Total Floor Size	53 m²