Apartment for sale
Live or invest in central Johannesburg's Fashion Lofts — secure building with basement parking, open-plan studio kitchen and bathroom. Ideal for commuters or rental income.
MARKED DOWN AT DISCOUNTED PRICE.
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
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized studio–2 bed homes (wider size range).
Insight
Priced 39% below the local median - and below the typical range in Johannesburg Central.
Compared with 5 similar homes (6 listings) in Johannesburg Central.
The lower price may partly reflect the smaller floor size.
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 for residents who value proximity to the city's historic cultural landmarks, diverse business hubs, and an ever-evolving inner-city arts scene.
