Clarendon heights Ref 1014

Clarendon heights Ref 1014


Property ID

41 Sqm







Pristine property for sale in Joubert Park

The building is located among great amenities Joubert Park

Pristine Location!

This is an opportunity not to be missed!

Size: 41 sqm.

Levy: R622,40

A spacious bachelor’s unit with a separated bathroom that consists of a shower, basin and toilet. The unit also has a open plan kitchen with built in cupboards and the living area used as a bedroom.

The unit is currently occupied and the rental amount is R2 800.00. According to rental agents, rental of between R 2 500.00 p.m. and R 3 000.00 p.m. is achievable should the property be upgraded to their specifications.

The property is in good condition but needs slight maintenance. A detailed maintenance quote will be supplied to the successful buyer.

No. According to the Body Corporate 4 people may stay in the unit

Closest Amenities:
Engen Hillview Service Station    Fuel                               Hillborw                   0.22km

Hillbrow Police Station                Emergency Services     Hillbrow                   0.34km

Highpoint Shopping Centre         Shops                           Hillbrow                  0.36km


Purchase with Bond (90%):

R 95 000.00 Bond at  8.25 % =R729.00 pm
Monthly Levy =R622.40 pm
Rental Management fee (if applicable) =R 322.00 pm
Total =R1 673.40 pm

R2 800.00 rental income – R1 673.40 expenses = R 1 126.60 Cash flow positive.

Purchase with Cash:

Monthly Levy =R622.40 pm
Rental Management fee (if applicable) =R 322.00 pm
Total = R944.40 pm

R 2 800.00 rental income – R 944.40 expenses = R 1 855.60 Cash-flow positive.

Gross Yield: 35.3% at R 2 800.00 rental income and R 95 000.00 cash offer.


Address: 4 Bruce street, Joubert Park
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Joubert Park
  • Postal code / ZIP: 2001
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  • Property ID 1014
  • Property Type Sectional Title
  • Property status Sold
  • Rooms 1
  • Bedrooms 0.5
  • Bathrooms 1
  • Size 41 Sqm
  • Label R95 000.00



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