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Prime Bellevue living one block from Observatory: investment-ready block with balconies, top-floor income rooms, six covered parking bays, and four spacious 3.5-bedroom apartments.
Great apartment building situated in a desirable Bellevue location, just one block from Observatory. This property features four spacious apartments, each boasting 3.5 bedrooms, a generous lounge/dining area, a bathroom, kitchen, balcony, and parking.
Additionally, there are two rooms on the top floor that can be utilized for extra income.
The estimated income is $28,000, and it's attractively priced below market value due to the seller's impending emigration.
Listed for sale at R2,000,000
Price reduced by 5.0% to R1,900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 220 listings in Johannesburg (town)
Insight
Priced close to the median for similar properties.
Similar properties pricing
Affordability
R 18,651 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
220 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 168 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
Bellevue is a vibrant and historic suburb offering a mix of residential charm and convenient access to Johannesburg's city center, appealing to those seeking an urban lifestyle with a sense of community.
* Distances and amenities are approximate.
