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44 MMR, 202 Amarand, Waterkloof Glen, Pretoria East (south), Gauteng
R 2 496 096
Beautiful 1-bed North facing views. This appealing 1-bedroom unit at Menlyn Maine Residences Phase 2 stands out with its unique design and features. Purchasing this apartment offers excellent long- and short term investment opportunities. It offers: - A private patio with beautiful north-eastern views - Transfer duty - Imagine indulging in top-tier amenities like biometric entry for enhanced security - A dedicated concierge desk to cater to your every need - An elegant porte-cochre that welcomes you home in style - Relax at the stunning rooftop swimming pool - Savor delightful meals at the on-site restaurant - Situated just a stone''s throw away from the vibrant Time-square Casino and Arena - Located next walking distance from the exquisite Menlyn Maine Boutique Mall Investing in real estate for short-term rentals can offer several benefits: Higher Rental Income: Short-term rentals often generate more income per night compared to traditional long-term leases, especially in desirable locations. Flexibility: Owners can use the property for personal vacations when it''s not rented, giving them flexibility that long-term rentals don''t provide. Tax Benefits: Investors may benefit from tax deductions related to property expenses, maintenance, and depreciation, potentially lowering overall tax liability. Market Demand: With the rise of platforms like Airbnb and Vrbo, the demand for short-term rentals is growing, especially in tourist-heavy areas. Property Appreciation: Real estate tends to appreciate over time, allowing investors to build equity and potentially sell at a profit in the future. Diversification: Investing in short-term rentals can diversify an investment portfolio, reducing risk by adding a different asset class. Control Over Property Management: Owners can choose how to manage their property, including setting rental rates, managing bookings, and deciding on cleaning schedules. Engagement with Guests: Short-term rentals often allow for direct interaction with guests, which can enhance the rental experience and lead to repeat bookings. Local Economic Support: Short-term rentals can contribute to the local economy by attracting tourists who spend money on local businesses. Opportunity for Upgrading: Investors can enhance the property to appeal to guests, which can further increase rental income and property value. These benefits make short-term rental investments an attractive option for many real estate investors. To secure this apartment, making an appointment is recommended. Feel free to ask for the brochure and layouts for more details!
Estimated monthly repayment
R 23 571
on a R 2 246 486 bond over 20 years at 11.25%
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44 MMR, 202 Amarand, Waterkloof Glen, Pretoria East (south), Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Nomvula Dlamini
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