Apartment for sale
Easy, connected living near UJ's Bunting Road campus and lively Empire Road; Melville Mews studio with one bathroom, 24-hour security and strong rental-yield potential.
Investment Opportunity For Sale In Auckland Park
Welcome to Melville Mews, a meticulously maintained complex nestled in a tranquil area of Auckland Park. This secure community features 24-hour security and is conveniently located near the University of Johannesburg`s Bunting Road campus, making it an ideal choice for students and young professionals. Just around the corner from Empire Road and Barry Hertzog Avenue, Melville Mews offers convenient parking and units equipped with fitted kitchens and modern bathrooms with showers.
This well-kept property is perfect for young professionals and investors seeking a rental opportunity with excellent cash flow potential. With a high rental yield and a strategic location near universities, colleges, corporate offices, hospitals, shopping centers, and schools, this property is a smart investment. Currently occupied by a reliable tenant, there is potential for even higher returns.
Don’t miss out on this opportunity! Contact us today for more information, and let us arrange a viewing of this fantastic unit.
Listed for sale at R418,000
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized homes (wider size range).
Insight
Priced 11% below the local median - at the lower edge of the typical range in Auckland Park.
Compared with 6 similar homes (9 listings) in Auckland Park.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Auckland Park is a vibrant, leafy suburb known for its historic charm, proximity to major universities, and a lively cultural scene that appeals to academics, young professionals, and families alike.