Hillbrow · Apartment For Sale
3 Bedroom Apartment For Sale in Hillbrow
- R 295,000
- 3 bd
- 1 ba
- 83 m²
Located within Clarendon Heights on Bruce Street, Hillbrow, this first-floor flat offers an appealing investment opportunity. Spread across 83 square meters, it features three bedrooms and an enclosed balcony, providing comfortable living space. The building's efficient management and strong security measures ensure residents' peace of mind.
Currently rented at R6000 per month, with reasonable monthly levies at R1490, this property presents an attractive investment proposition. The tenants' consistent payment history and preference for long-term rentals enhance its appeal.
With a net yield of 18.5% at the specified price, the property demonstrates its potential for rewarding returns. This high yield indicates the property's ability to generate significant income relative to its initial investment, making it an enticing option for investors seeking profitable ventures in the real estate market.
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Hillbrow, Johannesburg
- Price
- R 295,000 · Get Pre-Qualified
- Price per m²
- R 3,554
- Floor Size
- 83 m²
- Erf Size
- 83 m²
- Bedrooms
- 3
- Bathrooms
- 1
- Security
- Yes
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 |