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Illovo, Illovo, Sandton, Gauteng
R 749 000
Don’t miss this chance to own a lock-up-and-go style bachelor apartment, perfect for adding to your Airbnb portfolio. Alternatively, enjoy standard monthly rental returns of R7,500, with low levies of around R1,500 per month. Perfect for non-resident employees No transfer duty! This open-plan, one-bedroom apartment offers stunning views over Illovo. Illovo Mews is a beautiful complex, once a well-known hotel in Sandton, now converted to sectional title with over 100 units, two newly refurbished lifts, and a secure lobby for visitor check-in. Conveniently located across from Thrupps Shopping Centre and popular Illovo restaurants, it’s just a five-minute drive to Sandton CBD, with easy access to the N1 and major Gautrain bus routes. The building offers laundromat services, one parking bay with additional bays for rent, and excellent security with keycode access to the building and each floor and a security sign in. Offers from R700k will be seriously considered by the owner! Multiple Units Up for Sale!
Estimated monthly repayment
R 7 073
on a R 674 100 bond over 20 years at 11.25%
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Illovo, Illovo, Sandton, Gauteng
Fair-value check
Good valuePriced 28% below comparable 1-bed apartments for sale in Illovo
Based on 45 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tumi Masilela
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