Effortless city living in Hillbrow's Queen Anne — steps from Johannesburg CBD amenities, secure building with working lifts and an open balcony. Tenanted one-bedroom, one-bathroom unit.
Great investment. One bedroom unit in Queen Anne. The property is tenanted with stable rental income. The tenant is paying R3350-00 p.m. excluding utilities. Queen Anne is one of the best buildings in Hillbrow. It boasts with security, working lifts and is located amongst prime amenities in the Johannesburg CBD.
The apartment has one separated bedroom, separate living room that is utilised as a bedroom, separate bathroom, separate kitchen with cabinets. The bedroom is fitted with cupboards. Open balcony. There are maintenance needed in the property. A detailed quote can be supplied on request.
The structure and condition are in a reasonable state, although maintenance is needed. Levy is R774,12.00 p.m.
As an investment, the following calculations might surprise you:
19.% R.O.I Nett with a R3350-00 rental on a R140 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 R140,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 200 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 76% below the median.
Similar properties pricing
Key differences
Market depth
200 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 175 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.