Hillbrow · Apartment For Sale
2 Bedroom Apartment For Sale in Hillbrow
- R 200,000
- 2 bd
- 1 ba
- 97 m²
Sunnycrest is one of the sectional title blocks in Hillbrow with exceptional potential. A sound opportunity not to be missed.
This is a spacious 97m2 apartment that has two-bedrooms, lounge(subdivided into 2 sleeping areas), kitchen, separate bathroom and separate toilet.
The unit is currently tenanted, and the rental income that is achieved is R 6 -00 pm.
Calculation:
Purchase with Bond (90%):
R 230 .00 Bond at 90 %
=R 2 243.00 pm.
Monthly Levy
=R 1 253.06 pm.
Rental Management fee (if applicable) =R 690.00 pm.
Total
=R 4 186.06 pm.
R 6.00 rental income - R 4 186.06 expenses
=R 1 813.94 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 253.06 pm.
Rental Management fee (if applicable) =R 690.00 pm.
Total
=R 1 943.06 pm.
R 6.00 rental income R 1 943.06 expenses
=R 4 056.94 Cashflow positive.
Gross Yield: 31% at R 6 .00 rental income
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Hillbrow, Johannesburg
- Price
- R 200,000 · Get Pre-Qualified
- Price per m²
- R 2,062
- Floor Size
- 97 m²
- Erf Size
- 97 m²
- Bedrooms
- 2
- Bathrooms
- 1
Map & Nearby
Price Trends · Hillbrow, Johannesburg beta
Select filters to see average property values
The current average sales price for a 1 bedroom property in Hillbrow on ImmoAfrica.net is R 203,800
The current average sales price for a 2 bedroom property in Hillbrow on ImmoAfrica.net is R 259,444
The current average sales price for a 3 bedroom property in Hillbrow on ImmoAfrica.net is R 342,832
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Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | R 203,800 | |
2 Bed | R 259,444 | |
3 Bed | R 342,832 | |
4 Bed | ||
5 Bed |
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | R 2,775 | |
2 Bed | R 2,663 | |
3 Bed | R 1,962 | |
4 Bed | ||
5 Bed |