Apartment for sale
Urban convenience steps from Joubert Park — secure Regina Heights residence with reliable rental income and a spacious one-bedroom, one-bath apartment ideal for investors.
Regina Heights located in Joubert Park is the centre of attraction for investors.
The building is stable with good security providing safe conditions for its residents.
This 81m2 unit offers a spacious one bedroom apartment with a lounge, kitchen, and bathroom(separate toilet).
Rental income of R4326.00 - R4500.00 can be achieved monthly if maintained properly.
Calculation:
Purchase with Bond (90%):
R 225 000.00 Bond at 90 %
=R 2 195.00 pm.
Monthly Levy
=R 1 098.89 pm.
Rental Management fee (if applicable) =R 517.50 pm.
Total
=R 3 811.39 pm.
R 4 500.00 rental income - R 3 811.39 expenses
=R 688.61 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 098.89 pm.
Rental Management fee (if applicable) =R 517.50 pm.
Total
=R 1 616.39 pm.
R 4 500.00 rental income – R 1 616.39 expenses
=R 2 883.61 Cashflow positive.
Gross Yield: 24% at R 4 500.00 rental income
Listed for sale at R225,000
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.
Price comparison based on 51 similar-sized 1-bed homes.
Market depth
51 similar homes
56 listings across Johannesburg
128 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.
Joubert Park is a historic, high-density urban neighborhood in the heart of Johannesburg, offering residents immediate access to the city's cultural landmarks, public transport hubs, and vibrant inner-city lifestyle.
