Apartment for sale
Effortless urban living on Eloff Street with shops, offices and easy transport access; 24-hour security, currently tenanted with R3,500 monthly rental — studio with one bathroom.
This bachelor apartment is currently tenanted and generates a rental income of R3,500, making it an excellent opportunity for investors. Finding tenants in this building is straightforward due to its desirable features. The property boasts 24-hour security and a prime location on Eloff Street, with easy access to major roads, freeways, and public transportation. It is surrounded by shops, corporate offices, and a market.
The building is well-maintained, and most tenants are low-income earners. The apartment is being sold as-is. If you’re interested, please get in touch with me now!
Listed for sale at R150,000
How does this home’s price compare with similar properties?
Price comparison based on 21 similar-sized homes.
Insight
Priced 32% below the local median - and below the typical range in Johannesburg Central.
Compared with 21 similar homes (22 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.
