1.5 Bedroom Apartment For Sale in Johannesburg

Property description

Unlock immediate returns with this turnkey investment situated in the heart of Johannesburg’s premier academic and media hub. This 35m² apartment offers the perfect "lock-up-and-go" lifestyle, currently optimized for the high-demand student market.

The Unit Features:
Space-Efficient Design: A well-proportioned 35m² layout that maximizes every square meter.

Outdoor Living: A private balcony providing a fresh air retreat —a rare and highly sought-after feature for units of this size.

Utilities Management: Equipped for pre-paid or tenant-account electricity, ensuring effortless utility management for the owner.

Investment Fundamentals:
Immediate Rental Income: Currently tenanted by a student at R6,500.00 per month (excluding electricity).

Low Vacancy Risk: Located on the doorstep of the University of Johannesburg (UJ) and Wits, and within walking distance to the SABC HQ and Milpark Hospital.

Lifestyle & Convenience: Residents enjoy easy access to the vibrant 7th Street in Melville, Campus Square Shopping Centre, and major transport routes including the M1 freeway and Reya Vaya.

Security & Complex Amenities:
24-Hour guarded access control and CCTV monitoring.

Secure on-site parking.

Well-maintained communal areas within a quiet, professional environment.