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Illovo, Illovo, Sandton, Gauteng
R 1 250 000
An exceptional opportunity for investors seeking a turnkey buy-to-let property in the heart of Illovo. This well-maintained first-floor apartment is already tenanted on a one-year lease, providing immediate rental income from day one — eliminating vacancy risk and ensuring a seamless transfer of ownership. The unit offers two bright, well-proportioned bedrooms and a modern bathroom, appealing to young professionals and couples drawn to Illovo’s strong rental demand. The contemporary kitchen is efficiently designed, flowing into a spacious lounge area that enhances tenant appeal and long-term retention. A standout feature in this market is its pet-friendly policy — a rare advantage that broadens your tenant pool and supports consistent occupancy. Located within a secure, well-managed complex in one of Johannesburg’s most sought-after rental nodes, the apartment benefits from Illovo’s vibrant lifestyle offerings, proximity to business hubs, popular restaurants, and excellent transport connectivity — all key drivers of sustained rental demand and attractive yields. With a tenant already secured and strong ROI potential, this is a smart, low-hassle addition to any property portfolio. Contact me today to discuss the rental returns and secure this income-generating asset.
Estimated monthly repayment
R 11 804
on a R 1 125 000 bond over 20 years at 11.25%
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Illovo, Illovo, Sandton, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 2-bed apartments for sale in Illovo
Based on 79 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Michael Mokoena
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