Apartment for sale
Effortless urban living in Albertville with instant rental income — all transfer and bond costs included and a modern open-plan kitchen. Close to transport, shopping, schools.
All Transfer & Bond Costs Included
Occupation: Sold with tenant in place at a gross rental yield of 13.5% OR available with vacant occupation upon transfer.
Key Features
Spacious Bedrooms: 2 well-proportioned bedrooms with built-in cupboards.
Bathroom: 1 fully equipped, contemporary bathroom.
Open-Plan Living: Bright living area flowing seamlessly into an efficient kitchen.
Turnkey Investment: Fully tenanted at R6,200/month—start earning rental income from day one of registration.
Zero Hidden Fees: All transfer and bond registration costs are included in the purchase price.
Sectional Title Scheme: Low-maintenance living in a brand-new, secure complex development.
Property Overview
Positioned in the heart of Albertville, this modern two-bedroom apartment offers an exceptional entry point for first-time homebuyers or a high-yielding asset for property investors.
As part of a newly launched sectional title development, the unit features standard finishes, generous natural light, and a practical layout designed for easy living. Because all transfer and bond costs are covered by the developer, buyers save tens of thousands in upfront cash layout.
For investors, the property can be tenanted at R6,400 per month, delivering a strong 13.96% gross yield with immediate cash flow and no tenant placement delays. Homeowners looking to occupy the unit themselves can take advantage of guaranteed vacant occupation upon transfer.
Investment Highlights
Outstanding Returns: Exceptional 13.5% gross annual yield based on R6,200 monthly rental income.
Cost Savings: No initial transfer duty, transfer fees, or bond attorney fees payable.
Prime Location: Easy access to key public transport routes, shopping centers, schools, and major Johannesburg arterial roads.
Listed for sale at R1,900,000
Price reduced by 69.7% to R575,000
How does this home’s price compare with similar properties?
Price comparison based on 57 similar-sized 2-bed homes.
Insight
Priced 13% below the local median - at the lower edge of the typical range across Johannesburg.
Compared with 57 similar homes (64 listings) across Johannesburg.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
Around R315k typical in Albertville (small sample of 2).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Albertville is a tranquil, established residential suburb in Johannesburg that offers residents a peaceful atmosphere with convenient access to major highways and nearby urban hubs.
