Prime student-investment apartment near UJ, Wits and AFDA in a secure complex close to shops and hospitals; fitted kitchen, one bathroom, and a reliable R5500/month tenant.
This apartment is currently tenanted, generating a rental income of R5500. The tenant is reliable, tidy, and takes good care of the unit. The apartment offers ample space and features a combination of tiled and carpeted flooring. It includes a bathroom with a bathtub and a fitted kitchen equipped with a four-plate stove and oven.
Recently repainted, the unit is located in a safe and secure complex, making it an ideal investment opportunity. Its proximity to UJ, Wits, AFDA Media College, Mancosa University, as well as various law and business schools, is a major advantage. Additionally, the area is surrounded by corporate offices, schools, hospitals, shopping centers, and more, ensuring that finding a tenant is easy. Contact me now to arrange a viewing!
Listed for sale at R550,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 19 listings in Auckland Park
Insight
Priced close to the median for similar properties.
Similar properties pricing
Key differences
Affordability
R 5,399 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
19 similar listings
Medium similar-home inventory in Auckland Park
Median time on market: 95 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Auckland Park is a vibrant and centrally located suburb offering a mix of residential, educational, and commercial spaces, making it an attractive place to live for students, young professionals, and families.
* Distances and amenities are approximate.