Ready, steady and go for investors at Ravenswood
TREND-setting Eveleigh Heights in Ravenswood is a winner with all types of investors.
Proving popular with buy-to-let as well as buy-to-live investors is the contemporary sectional title apartment complex Eveleigh Heights, which is situated in Eveleigh, Ravenswood, Gauteng. Offering 240 apartments, the development has been completed by Stonesman Projects, a family-run property development company with a long track record of successful residential and commercial developments in the area.
“Eveleigh Heights has 15 four-storey apartment blocks of two or three bedrooms with two bathroom units, each with either basement parking or a covered parking bay, as well as visitors’ parking. “The development was already 55% sold out before the official marketing launch and we expect the rest to move fast,” says Ricky Goncalves of Stonesman Projects. “The apartments are move-in ready and feature modern designer finishes, a covered patio or balcony, private and pet-friendly gardens for the ground floor units, exquisite views from the top floor units, and preferential rates for kitchen appliances by top Italian manufacturer Smeg. “There are also built-in braais and prepaid electricity meters, and wi-fi and DSTV set up is included.” Central to Eveleigh Heights is a private clubhouse where residents can indulge themselves at the coffee bar and recreational lounge or blow off steam in the fully-equipped gym.
This gated village has a 24-hour guard service and CCTV surveillance with electric perimeter fencing and provides secure modern living with all the conveniences of the city. It is well-situated, with close proximity to restaurants and bars, East Rand Mall, East Rand Value Mall, OR Tambo International Airport, schools, police stations and major highway routes. The grounds include a kids’ play area with a jungle gym plus a laundry.
Goncalves says: “We carefully considered the location and facilities in this development to ensure it is perfect for an array or residents, from career professionals to first-time buyers and young families. “The units range in size from 79 m2 to 101.4 m2, and pricing starts from only R849 000, which includes transfer duty. “We have noted substantial interest from buy-to-let investors wanting to benefit from the attractive rental yields, which are 10% on average. “The rental demand in this area is such we have opted to fill some of the new units with tenants ready for investor buyers, removing the hassle of them having to find a tenant.” A fully-furnished show apartment is on show daily from 10am to 5.30pm.