Hillbrow · Apartment For Sale

1 Bedroom Apartment For Sale in Hillbrow

R 158,000
1 bd
1 ba
51 m²

Queen Anne is one of the sectional title blocks in Hillbrow with exceptional potential. A sound opportunity not to be missed.

This is a spacious 51m2 apartment that has an one bedroom, lounge, bathroom(separated toilet) and an open balcony.

The unit is currently tenanted, and the rental income achieved is R 3 350.00. Rental amount of R4200.00 can easily be achieved if maintained properly.

Calculation:

Purchase with Bond (90%):

R 161 750 Bond at 90 %
=R 1 578.00 pm.
Monthly Levy
=R 756.80 pm.
Rental Management fee (if applicable) =R 385.25 pm.
Total
=R 2 720.05 pm.

R 4 200.00 rental income - R 2 720.05 expenses
=R 1 479.95 Cashflow positive

Purchase with Cash:

Monthly Levy
=R 756.80 pm.
Rental Management fee (if applicable) =R 385.25 pm.
Total
=R 1 142.05 pm.

R 4 200.00 rental income R 1 142.05 expenses
=R 3 057.95 Cashflow positive.

Gross Yield: 31% at R 4 200.00 rental income

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Property Information & Features

Property Type: Apartment
Listing Type: For Sale
Location: Hillbrow, Johannesburg
Price: R 158,000 · Get Pre-Qualified
Price per m²: R 3,098
Floor Size: 51 m²
Erf Size: 51 m²

Bedrooms: 1
Bathrooms: 1

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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing agent.

Price Trends · Hillbrow, Johannesburg beta

Select filters to see average property values

Studio
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed

R206,800 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 1 bedroom property in Hillbrow on ImmoAfrica.net is R 206,800

R2,807 immo · index

The current average sales price per square meter for a 1 bedroom property in Hillbrow on ImmoAfrica.net is R 2,807

R258,500 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 2 bedroom property in Hillbrow on ImmoAfrica.net is R 258,500

R2,587 immo · index

The current average sales price per square meter for a 2 bedroom property in Hillbrow on ImmoAfrica.net is R 2,587

R342,832 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 3 bedroom property in Hillbrow on ImmoAfrica.net is R 342,832

R1,962 immo · index

The current average sales price per square meter for a 3 bedroom property in Hillbrow on ImmoAfrica.net is R 1,962

immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.