Townhouse for sale
Relaxed ground-floor living in Mulbarton, opposite Thaba Eco Village, with private garden and enclosed sunroom ideal as a 3rd bedroom; two bedrooms, one bath.
GROUND FLOOR UNIT LISTED R100 000 BELOW COMPLEX VALUE, FOR SALE IN MULBARTON
THIS VERY SPACIOUS, GROUND FLOOR TOWNHOUSE LOCATED IN INGWELALA. FOR SALE IN MULBARTON, SOUTH OF JOHANNESBURG
THE UNIT DOES NEED SOME NOTABLE COSMETIC UPGRADING. HOWEVER, WE HAVE LISTED AT R100 000 BELOW THE AVERAGE FOR SIMILAR UNITS IN THE COMPLEX. SO THIS PURCHASE REPRESENTS OUTSTANDING VALUE, WHETHER FOR FUTURE RESIDENTIAL OR RENTAL INVESTMENT PURPOSES
WHAT MAKES THIS UNIT SUCH UNBEATABLE VALUE AT THIS PRICE:
-GROUND FLOOR WITH A GARDEN
-PET FRIENDLY
-WELL MANAGED AND WELL MAINTAINED COMPLEX WITH 24 HOUR SECURITY
-80 SQUARE METER UNIT, NOTABLY BIGGER THAN THE TYPICAL 2 BEDROOM UNIT IN THE AREA
-SPACIOUS OPEN PLAN LIVING AREA
-ADDITIONAL ENCLOSED SUN ROOM / PATIO COULD EASILY BE USED AS A 3RD BEDROOM
-WELL FITTED KITCHEN, WITH SPACE FOR 2 APPLIANCES
-THE 2 BEDROOMS ARE COMFORTABLY SIZED WITH BUILT-IN CUPBOARDS, AND A FULL BATHROOM (BATH AND SHOWER)
-COVERED PATIO LEADING OUT THROUGH BOTH THE MAIN BEDROOM AND THE LOUNGE, OUT IN TO THE GARDEN
-THE COMPLEX IS PRIVATE AND SECURELY LOCATED BEHIND THE MULBARTON PRIVATE HOSPITAL AND DIRECTLY OPPOSITE THE VERY POPULAR THABA ECO VILLAGE DEVELOPMENT
-SPACIOUS COMMUNAL LAWNS, WITH DESIGNATED KIDS PLAY AREAS AND A JUNGLE GYM
-POOL AND LAPA
-AMPLE VISITORS PARKING
-HIGH TENANT DEMAND, WITH SOLID RENTAL RETURNS. EVEN MORE SO WITH THE PRICE THAT THIS UNIT IS LISTED AT
-THE COMPLEX IS CURRENTLY BUSY WITH A SMART UPGRADE, PAINTING ALREADY UNDERWAY
WHETHER RESIDENTIAL OR INVESTMENT INTEREST, AT AROUND R7 000 PER SQUARE METER. WHEN THE COMPLEX AVERAGE IS CLOSER TO R9 000 PER SQUARE METER, THE INVESTMENT POTENTIAL AND VALUE OFFERED BY THIS UNIT IS UNBEATABLE
Listed for sale at R595,000
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized 1–3 bed homes.
Insight
Priced 16% below the local median - and below the typical range in Mulbarton.
Compared with 6 similar active listings in Mulbarton.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Mulbarton is a tranquil, established residential suburb in the south of Johannesburg that offers residents a peaceful atmosphere, scenic hilly views, and convenient access to major urban amenities.
