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Hillbrow, Hillbrow, Johannesburg, Gauteng
R 295 000
This neat, refurbished and well-positioned 2-bedroom apartment presents an excellent opportunity for investors or first-time buyers seeking value, security and rental demand in a well-located part of Hillbrow. Situated on the 2nd floor (a major advantage in a building with a non-functioning lift), the unit is north-facing, ensuring good natural light and warmth throughout the day. PROPERTY DETAILS Price: R350 000 Unit Size: 83sqm Levy: ±R950 Parking: 1 basement bay APARTMENT FEATURES 2 Well sized bedrooms Spacious lounge Open balcony Upgraded kitchen with fitted gas stove Upgraded bathroom with shower, basin andamp; toilet Gas geyser Prepaid electricity Refurbished andamp; move-in ready BUILDING andamp; SECURITY 24-hour access control Well-managed building by an active Body Corporate Basement parking Low levies Advantage of being on the 2nd floor LOCATION ADVANTAGE The building is strategically located across the road from Hillbrow Police Station, enhancing safety, and positioned between two major transport routes - Twist Street and Edith Cavell Street. Its close proximity to Parktown makes this one of the more desirable pockets of Hillbrow. Nearby amenities include: 24-hour Rand Clinic Emergency Hospital Shopping facilities Clinics Schools Worship facilities Takeaway outlets Public transport routes within 3 minutes' walk INVESTMENT APPEAL Potential rental income: ±R5 000 - R5 500 per month Strong tenant demand due to location Low monthly holding costs Solid entry-level investment opportunity WHY BUY ? Refurbished andamp; neat ? North-facing ? Low levies ? 2nd-floor advantage ? Secure building ? Decent, accessible part of Hillbrow ? Excellent rental demand DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 2 786
on a R 265 500 bond over 20 years at 11.25%
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Hillbrow, Hillbrow, Johannesburg, Gauteng
Fair-value check
Fairly pricedIn line with comparable 2-bed apartments for sale in Hillbrow
Based on 17 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Noluthando Naidoo
Unclaimed listing — claim it to verify
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