Johannesburg Central · Apartment For Sale
Apartment For Sale in Johannesburg Central
- R 120,000
- 1 ba
- 33 m²
African City located in Central - Johannesburg is the centre of attraction for investors.
The building is stable with good security providing safe conditions for its residents.
This 33m2 unit offers a spacious bachelor apartment with an open plan kitchen, and separated full bathroom.
The unit is tenanted and achieves a rental income of R3200.00 per month excluding utilities.
Calculation:
Purchase with Bond (90%):
R 120 .00 Bond at 90 %
=R 1 170.00 pm.
Monthly Levy
=R 1 137.71 pm.
Rental Management fee (if applicable)
=R 368.00 pm.
Total
=R 2 675.71 pm.
R 3 200.00 rental income - R 2 675.71 expenses
=R 524.29 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 137.71 pm.
Rental Management fee (if applicable)
=R 368.00 pm.
Total
=R 1 505.71pm
R 3 200.00 rental income R 1 505.71 expenses
=R 1 694.29 Cashflow positive.
Gross Yield: 32% at R 3 200.00 rental income
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Johannesburg Central, Johannesburg
- Price
- R 120,000 · Get Pre-Qualified
- Price per m²
- R 3,636
- Floor Size
- 33 m²
- Erf Size
- 33 m²
- Bathrooms
- 1
Map & Nearby
Price Trends · Johannesburg Central, Johannesburg beta
Select filters to see average property values
The current average sales price for a studio in Johannesburg Central on ImmoAfrica.net is R 242,600
The current average rental price for a studio in Johannesburg Central on ImmoAfrica.net is R 3,500
The current average sales price for a 1 bedroom property in Johannesburg Central on ImmoAfrica.net is R 438,690
The current average rental price for a 1 bedroom property in Johannesburg Central on ImmoAfrica.net is R 6,250
The current average sales price for a 2 bedroom property in Johannesburg Central on ImmoAfrica.net is R 791,583
The current average rental price for a 2 bedroom property in Johannesburg Central on ImmoAfrica.net is R 3,200
The current average sales price for a 3 bedroom property in Johannesburg Central on ImmoAfrica.net is R 1,400,000
The current average rental price for a 4 bedroom property in Johannesburg Central on ImmoAfrica.net is R 12,500
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 | R 242,600 | R 3,500 |
1 Bed | R 438,690 | R 6,250 |
2 Bed | R 791,583 | R 3,200 |
3 Bed | R 1,400,000 | |
4 Bed | R 12,500 | |
5 Bed |
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 7,157 | R 131 |
1 Bed | R 6,127 | R 72 |
2 Bed | R 8,278 | R 91 |
3 Bed | R 5,324 | |
4 Bed | R 25 | |
5 Bed |