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SOLAR SYSTEM to benefit the owners! Please read on...
Lunnon Road – Just a stone’s throw from the University of Pretoria Campus
This well-located apartment offers comfortable and convenient living in the sought-after Hillcrest Boulevard II complex. The unit features two evenly sized bedrooms, each with its own private balcony, a spacious bathroom with shower, toilet, and basin, and an open-plan kitchen and living area that creates a practical space to unwind or study.
Enjoy peace of mind with 24-hour security, controlled access, and ample visitor and bicycle parking. The apartment also includes one covered carport and pre-paid electricity for cost-efficient living. Perfectly positioned for students, university staff, or young professionals, this property offers excellent convenience with shops, restaurants, and the UP campus all within walking distance.
Investment potential: The apartment has been consistently tenanted over recent years. It will be sold vacant (without a tenant), offering flexibility for both investors and private buyers.
Rates & Taxes: R503 p.m.
Levy: R630 p.m.
Special Levy: R1 263 p.m.
About the Special Levy:
The special levy relates to the solar power system that was installed in 2024. The levy is payable over 60 months, starting from September 2024. The major advantage for owners is that the complex is now virtually off-grid, with residents purchasing pre-paid electricity directly from the complex, which helps to keep the building’s running costs—and therefore the levies—low. Once the special levy has been fully paid off, owners will enjoy the full financial benefit of the solar system.