Urban investment in Hillbrow offering city convenience, reliable rental income and secure basement parking; one-bedroom apartment with enclosed balcony, separate kitchen and manageable maintenance needs.
Sound investment. One bedroom unit in Entabeni. A great building and a favourite amongst residents and investors in Hillbrow. Good security and basement parking.
The property occupies a tenant that pays R5100-00 rental including utilities.
The apartment has one bedroom with cupboards. One living area that is utilised as a second bedroom , separate bathroom with bath basin, toilet. Enclosed balcony that is used as a bedroom Separate kitchen with cabinets. There are a few items that needs to be maintained in the property. A maintenance quote can be supplied on request.
Levy is R788,00 p.m.
As an investment, the following calculations might surprise you:
18% R.O.I Nett with a R4210-00 rental on a R155 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.
WE ARE REGISTERED WITH THE PPRA FFC NUMBER 0746087
TRUTS ACCOUNT OPERATIVE
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R155,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 191 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 84% below the median. Floor size is 60% larger than typical for similar homes.
Similar properties pricing
Key differences
Market depth
191 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 182 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
Hillbrow is a densely populated, high-energy urban neighborhood in the heart of Johannesburg that offers unparalleled proximity to the city center's economic hubs and a vibrant, multicultural street-level lifestyle.
* Distances and amenities are approximate.