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 a 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 R3 950.00 can easily be achieved if maintained properly.
Calculation:
Purchase with Bond (90%):
R 158 Bond at 90 %
=R 1 541.00 pm.
Monthly Levy
=R 756.80 pm.
Rental Management fee (if applicable) =R 454.25 pm.
Total
=R 2 752.05 pm.
R 3 950.00 rental income - R 2 752.05 expenses
=R1 197.95 Cashflow positive
Purchase with Cash:
Monthly Levy
=R 756.80 pm.
Rental Management fee (if applicable) =R 454.25 pm.
Total
=R 1 211.05 pm.
R 3 950.00 rental income R 1 211.05 expenses
=R 2 738.95 Cashflow positive.
Gross Yield: 30% at R 3 950.00 rental income
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
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
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
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 |