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R295,000 | 3 Bedroom Apartment For Sale in Hillbrow

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R295,000

Monthly Bond Repayment R3,145.96
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,490

Great investment Johannesburg

Situated within Clarendon Heights on Bruce Street, Hillbrow.
This first-floor unit offers an attractive investment opportunity with a 20% Net Yield.
83 square meters consisting of:
3 bedrooms, 1 bathroom and an enclosed balcony.
The building is known for its efficient management and strong security measures, ensuring residents' peace of mind.

Currently rented at R6000 per month with reasonable monthly levies of R1490, this property presents a compelling investment proposition. The tenants have a consistent payment history and prefer long-term rentals, enhancing its appeal.

With a net yield of 20% at the specified price, the property showcases its potential for significant returns. This high yield indicates the property's ability to generate substantial income relative to its initial investment, making it an enticing option for investors seeking profitable ventures in the real estate market.
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Features

3
1
Pets Allowed
No
Interior
Bedrooms
3
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
No
Sizes
Floor Size
83m²
1
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