Hillbrow · Apartment For Sale
1 Bedroom Apartment For Sale in Hillbrow
- R 160,000
- 1 bd
- 1 ba
- 76 m²
Sunnycrest, located in Hillbrow Johannesburg is the perfect investment opportunity for investors.
This is a one bedroom apartment that has a kitchen, lounge, bathroom, kitchen and an open balcony.
The unit is currently tenanted. The potential rent for the unit is between R5 .00 to R 5 300.00. This is currently achieved and paid by the tenant.
Calculation:
Purchase with Bond (90%):
R 160 .00 Bond at 90 %
=R 1 561.00 pm.
Monthly Levy
=R 1 429.06 pm.
Rental Management fee (if applicable)
=R 609.95 pm.
Total
=R 3 600.01 pm.
R 5 300.00 rental income - R 3 600.01 expenses
=R 1 699.99 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 429.06 pm.
Rental Management fee (if applicable)
=R 609.95 pm.
Total
=R 2 039.01 pm.
R 5 300.00 rental income R 2 039.01 expenses
=R 3 260.99 Cashflow positive.
Gross Yield: 40% at R 5300.00 rental income
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Hillbrow, Johannesburg
- Price
- R 160,000 · Get Pre-Qualified
- Price per m²
- R 2,105
- Floor Size
- 76 m²
- Erf Size
- 76 m²
- Bedrooms
- 1
- 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 202,091
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 340,285
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Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | R 202,091 | |
2 Bed | R 259,444 | |
3 Bed | R 340,285 | |
4 Bed | ||
5 Bed |
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | R 2,699 | |
2 Bed | R 2,663 | |
3 Bed | R 1,713 | |
4 Bed | ||
5 Bed |