Apartment for sale
Urban convenience and strong rental potential in central Johannesburg's Fashion Lofts—secure building with basement parking. Refurbished studio with open-plan living and one bathroom; excellent investor pick.
FLAT REFURBISHED IN FULL - LOOKS LIKE NEW
Sound investment. Studio apartment in Fashion Lofts. A building and a favourite amongst residents and investors in central Johannesburg due to location. Good security and basement parking.
The property is currently empty. The previous with a tenant paid rental of R3000-00 p.m. The property is in need of maintenance. A quote can be supplied on request, to upgrade the apartment for a tenant to be placed, should the investor not want to reside in the property itself.
The apartment has combined living area bedroom with cupboards. A separate bathroom with bath basin, toilet, Open plan kitchen with cabinets.
Levy is R0-00 p.m.
As an investment, the following calculations might surprise you:
26% R.O.I Nett with a R3000-00 rental on a R110 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
Listed for sale at R110,000
Price increased by 40.0% to R154,000
Price reduced by 15.6% to R130,000
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized 1-bed homes.
Insight
Priced 59% below the local median - and below the typical range in Johannesburg Central.
Compared with 6 similar homes (7 listings) in Johannesburg Central.
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.
Johannesburg Central offers a vibrant, fast-paced urban lifestyle characterized by historic architecture, diverse cultural experiences, and proximity to the city's major business and transit hubs.
