Apartment for sale
Low-maintenance, income-producing city living in Issmin Towers — sought-after location with long-term tenants. One-and-a-half-bedroom, one-bath unit with fitted wardrobes and investment-ready 26% net ROI.
STABLE INCOME!!
Flat for sale, One and a half bedroom unit in Issmin Towers. The property is tenanted with a rental of R5500-00 p.m. Metered electricity. Water and sewerage included in Levy. The building is quite stable and tenants staying in Issmin Towers do rent for long periods of time due to the location of the building.
The apartment has one and a half bedrooms with fitted wardrobes, separate living room, separate bathroo, separate kitchen with cabinets. No balcony.
Levy is R1093.82 p.m.
As an investment, the following calculations might surprise you:
26 % R.O.I Nett with a R5500-00 rental on a R170 000-00 Cash purchase price.
Make an offer as soon as possible as this one will
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
Listed for sale at R170,000
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Johannesburg.
Around R147k typical in Hillbrow (small sample of 4).
Price comparison based on 51 similar-sized 1-bed homes.
Market depth
51 similar homes
59 listings across Johannesburg
84 days
Median time on market
Many similar homes
Active across Johannesburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Hillbrow is a densely populated, vibrant urban neighborhood in central Johannesburg known for its high-rise architecture and proximity to the city's bustling economic and cultural hubs.