Property description
This 3-bedroom apartment in Windsor East presents a solid structural foundation with significant potential, making it an excellent opportunity for investors, first-time buyers, or DIY enthusiasts eager to design their dream home in a well-situated Randburg suburb. Located in a secure, established complex, the property is conveniently close to shops, transportation routes, schools and the Cresta Shopping Centre, representing a valuable investment that requires some tender loving care.
The apartment boasts three spacious bedrooms complete with built-in cupboards, benefiting from good natural light. While the interior finishes are somewhat dated and in need of a refresh potentially including new flooring, paint, and updated joinery the overall space is promising.
The living room seamlessly flows from the entrance and opens onto a generous balcony. While the flooring and walls are structurally sound, they show signs of wear from years of use and are ready for modern upgrades such as tiling, fresh paint, and improved lighting. Please note that the units are multi-tenanted and subdivided; there are two units available at the same price.
This property is priced with its renovation potential in mind, making it likely that you'll want to invest in a comprehensive cosmetic update. Consider refreshing the paint, installing new flooring, and upgrading the kitchen and bathroom for maximum impact. Electrical and plumbing updates, along with modernizing finishes throughout especially in the kitchen and full bathroom, which includes a bath, basin and toilet will significantly enhance both value and comfort.
After renovations, this home could yield strong appreciation or generate rental income, thanks to Windsor East’s excellent access to transit links and commercial amenities.
Conveniently located beneath the building are a supermarket, hair salon, and food shops. The property also features secure outdoor parking and a 24-hour caretaker responsible for cleaning and maintenance. The potential for this block of flats is substantial, and with many owners looking to sell, there may be an opportunity for a buyer or investor to acquire the current two units.
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