Apartment for sale
An investor-focused opportunity in Fontainebleau: this neat, clean, and currently tenanted duplex apartment generates a monthly rental of R8,000, excluding utilities.
The unit was renovated in 2024 and offers an open-plan lounge and kitchen, a guest toilet downstairs, and a private garden. Upstairs are two bedrooms with built-in cupboards, both able to accommodate queen-size beds. The main bedroom has a private balcony and an en-suite bathroom with a shower, toilet, and basin. The second bathroom includes a bath.
Additional features include an understair storage room, one parking bay, fibre readiness, electric fencing, an electric gate and a fully walled complex. Please note that the complex is not pet friendly.
Monthly costs currently include:
- Levies: R1,257
- Maintenance levy: R289
- Rates: R112
- Sewerage: R809
- Pikitup: R229
- Total monthly costs: R2,696
At the current rental of R8,000 per month, this leaves approximately R5,304 per month before bond repayments, insurance and any other ownership costs.
Well positioned near Rabie Street and Republic Road, with several schools within a 5 km radius and Cresta Shopping Centre approximately 4 km away.
Listed for sale at R999,999
How does this home’s price compare with similar properties?
Price comparison based on 93 similar-sized 2-bed homes.
Insight
Priced 18% above the local median - at the upper edge of the typical range across Randburg.
Compared with 93 similar homes (121 listings) across Randburg.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Fontainebleau is a tranquil, well-established residential suburb in Randburg that offers a peaceful family-oriented lifestyle with convenient access to major business hubs and essential amenities.
