Effortless urban rental income in Sophiatown, steps from UJ, hospital and Shoprite Mall — positive cashflow from day one; one-bedroom, one-bath flats with two covered parking.
An Investors Dream! A property portfolio with a positive cashflow from day one!
One-bedroom flats in two different buildings in the Limpopo Complex in Sophiatown, sold separately for R275 00
The complex is under new management, and the management is improving by the day.
Levies under a R900-00 per month and zero municipal rates!
Well situated near UJ and the hospital - Just across the Sophiatown Shoprite Mall.
Very easy to get tenants!
We could supply and manage tenants if needed!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R275,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 193 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
193 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 183 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
Sophiatown is a historically significant suburb that offers residents a unique blend of rich cultural heritage, central accessibility to Johannesburg's business hubs, and a growing community spirit.
* Distances and amenities are approximate.