Effortless urban living in a secure, well-located building — top-floor, hotel-suite style furnished unit ideal for investors or young professionals. Strong R10,000 monthly rental potential, one bathroom, covered parking.
This spacious top-floor unit is fully furnished, resembling a hotel suite, and is attractively priced for a swift sale. Located in a secure, clean, and safe building, it's an excellent opportunity for investors or young professionals. With a strong rental income potential of R10,000 per month and low levies, this property is truly a bargain. It’s also suitable for short-term rentals. The unit is being sold as-is, including all the furniture depicted in the photos.
Listed for sale at R700,000
Price increased by 20.0% to R840,000
Price reduced by 4.8% to R800,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 670 listings in Johannesburg (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 18% above the median. Floor size is 12% smaller than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 7,853 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
670 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 161 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Newtown is a vibrant cultural hub in Johannesburg, offering a mix of historical landmarks, entertainment venues, and modern amenities, making it an attractive place for those seeking an urban lifestyle.
* Distances and amenities are approximate.