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R 475 000 Bond Calculator | 1 Bedroom Apartment / Flat for Sale in Richmond

5 Hermitage Terrace, Richmond, Johannesburg

1 1 1
Erf Size: 10 827 m²

Discover the charm of this cozy one-bedroom loft apartment, perfectly situated on the first floor in the sought-after area of Richmond.

As you enter, you're welcomed by an open-plan kitchen and lounge area that leads to a quaint balcony—ideal for enjoying your morning coffee or unwinding after a long day. The kitchen is efficiently designed with space for both a fridge and a washing machine, making it both practical and functional. The lounge area is of moderate size, offering a comfortable space for relaxation and entertaining.

Upstairs, you'll find the bedroom, spacious enough to accommodate a queen-size bed with one or two pedestals. The en-suite bathroom is equipped with a bath, toilet, and wash basin, providing all the essentials for comfort.

The complex itself offers an array of amenities, including communal washing lines, a communal braai area for socializing, and two communal swimming pools for your leisure. Monthly levies are R1,299.11, and rates and taxes are approximately R480.

Additionally, this property comes with the benefit of an existing tenant, who is paying a rental of R5,500 per month excluding Water and Electricity, and the lease is valid until the end of February 2024. This makes it an ideal investment opportunity with immediate rental income.

Located in Richmond, a vibrant and growing community known for its convenience and accessibility, this apartment is an excellent choice for first-time buyers or investors. Don’t miss out on the opportunity to make this charming loft your new home!


Property Overview

Listing Number
114813653
Type of Property
Apartment / Flat
Street Address
5 Hermitage Terrace, Richmond
List Date
19 August 2024
Erf Size
10 827 m²
Floor Area
52 m²
Price per m²
R 9 135
Levies
R 1 299
Rates and Taxes
R 480
Pets Allowed
No

Rooms

Bedroom
1
Bathrooms
1

External Features

Parking
1
Parking
1 open parking
Pool
Yes


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Agents

Beverley Ritchie
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