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Vibrant urban living near Wits University and Constitution Hill, with a large balcony and expansive lounge — ideal cash-flow investment currently tenanted; three bedrooms, 1.5 baths, covered parking.
Spacious 3-bedroom apartment featuring a bathroom with a separate toilet, a large balcony, and an expansive dining and lounge area. The fitted kitchen complements the generously sized bedrooms. Currently tenanted and generating R12,000 per month through separate leases, this property primarily attracts young professionals and students.
Ideal for buyers seeking cash flow, it is conveniently located at the intersection of Queens and Empire Road, close to schools, Hillbrow Police Station, Wits University, Constitution Hill, corporate offices, and much more. The building is quiet and secure. Inquire now to arrange a viewing and for more information.
Listed for sale at R800,000
Price reduced by 0.3% to R798,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 94 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 53% below the median. Floor size is 51% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 7,834 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
94 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 154 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
Parktown is an established, leafy suburb known for its grand historic homes, proximity to excellent schools and universities, and convenient access to business districts, making it an attractive residential area for families and professionals.
* Distances and amenities are approximate.
