Apartment for sale
Live steps from universities, hospitals and transport in Parktown — versatile 1.5‑bedroom apartment with study/extra sleeping space and undercover basement parking, ideal for student rentals.
Looking for an affordable property with strong rental or student-accommodation potential? This 1.5-bedroom apartment in Parktown, Johannesburg presents an excellent opportunity for investors, first-time buyers, or those looking to build a property portfolio.
The apartment offers a practical layout comprising 1.5 bedrooms, 1 full bathroom, a kitchen, and a comfortable lounge area. The additional half-bedroom provides flexibility and can be used as a study, home office, or extra sleeping space—ideal for students or young professionals.
Situated in Parktown, a well-established area of Johannesburg with access to educational institutions, businesses, public transport, hospitals, and various amenities, the property is well-positioned for rental income or student accommodation.
Property Features:
·1.5 Bedrooms
·1 Full Bathroom
·Kitchen
·Spacious Lounge
·Excellent investment potential
·Undercover basement parking
Suitable for student accommodation or long-term rental
Convenient Parktown location, ideal for first-time investors or expanding property portfolios.
INVESTOR`S CALL TO ACTION:
Turn this property into an income-generating asset. Whether you`re targeting students, young professionals, or traditional tenants, this apartment offers the flexibility to suit different rental strategies.
Secure your viewing today and explore the investment potential of this Parktown gem!
Listed for sale at R550,000
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Around R753k typical in Parktown (small sample of 3).
Market depth
136 similar homes
179 listings across Johannesburg
105 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.
Parktown is a historic and prestigious suburb in Johannesburg, renowned for its grand heritage architecture, lush green surroundings, and central location near major business hubs and elite educational institutions.