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Johannesburg Central, Johannesburg Central, Johannesburg, Gauteng
R 154 000
FLAT REFURBISHED IN FULL - LOOKS LIKE NEW Sound investment. Studio apartment in Fashion Lofts. A building and a favourite amongst residents and investors in central Johannesburg due to location. Good security and basement parking. The property is currently empty. The previous with a tenant paid rental of R3000-00 p.m. The property is in need of maintenance. A quote can be supplied on request, to upgrade the apartment for a tenant to be placed, should the investor not want to reside in the property itself. The apartment has combined living area bedroom with cupboards. A separate bathroom with bath basin, toilet, Open plan kitchen with cabinets. Levy is R0-00 p.m. As an investment, the following calculations might surprise you: 26% R.O.I Nett with a R3000-00 rental on a R110 000-00 Cash purchase price. Make an offer as soon as possible as this one will sell quick. We are registered with the ppra ffc number 0746087 truts account operative
Estimated monthly repayment
R 1 454
on a R 138 600 bond over 20 years at 11.25%
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Johannesburg Central, Johannesburg Central, Johannesburg, Gauteng
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 43% below comparable 1-bed apartments for sale in Johannesburg Central
Based on 57 comparable listings
A market signal from comparable listings — not a formal valuation.
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