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4 Bedroom Apartment For Sale in Johannesburg

Johannesburg
R 385000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size NA
Levies R 3106
Listing Date July 04, 2025
Floor Size 89 m2
Rates and Taxes R 0
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Property description

Great investment. Excellent Student accommodation acquisition. The property is leased with 4 tenants that pays R9600-00 rental. Pre-paid electricity. The Newtown is in a great condition, with new lifts and good security.

The apartment has four separated bedrooms, two with wardrobe cupboards, two without. There is a central kitchen with cabinets, stove and fridge. There is a separate bathroom and shower room.

The structure and condition are in a good state, although minor maintenance is needed. Levy is R3106-00 p.m.

As an investment, the following calculations might surprise you:

19% R.O.I Nett with a R9600-00 rental on a R385 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.

Request property details from Mamela Estates

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