12/10/2026
SPACIOUS 2-BEDROOM APARTMENT FOR SALE IN FAERIE GLEN – EXCELLENT INVESTMENT OPPORTUNITY!
Selling Price: R1,080,000 | Rental Income: R9,100 p.m.
An excellent investment opportunity in the sought-after Lavender Close security complex in Faerie Glen, Pretoria East!
This spacious 115m² apartment offers an established rental income of R9,100 per month, with a reliable tenant who has occupied the property for the past five years.
PROPERTY FEATURES:
- 115m² floor area
- 2 spacious bedrooms with built-in cupboards
- 2 bathrooms (main en-suite with shower)
- Open-plan lounge and dining area
- Functional kitchen
- Private balcony
- Double lock-up garage
- Additional parking within the complex
COMPLEX FEATURES:
- 24-hour manned security and controlled access
- Electric perimeter fencing
- Communal swimming pool
- Clubhouse and braai facilities
- Pet-friendly, subject to body corporate approval
INVESTMENT HIGHLIGHTS:
- Monthly rental income: R9,100
- Annual rental income: R109,200
- Gross rental yield: Approximately 10.1%
- Established tenant for five years
- Monthly levies: R2,200
- Rates and taxes: R650
Ideally located in Faerie Glen, with convenient access to shopping centres, schools, medical facilities and major routes throughout Pretoria East.
A fantastic opportunity to acquire a spacious investment property with an existing tenant and established rental income.
Contact Pretoria East Homes & Rentals today to arrange a viewing or request further investment information.
Viewings by appointment with the existing tenant.
Michelle Stark
[email protected]
082 261 1697