Clarendon Heights Ref 907


Property ID

82 Sqm







Prime location on the Empire BRT bus route, that links with the main Gautrain station.

Clarendon Heights is a stable building in an area with high growth expectation and a strong rental demand.

The building boasts a biometric turn style access gate that is constantly being monitored by security guards. The building is insured. Mamela is managing several units in the building and the investors are getting great returns on their acquisitions.

Clarendon Heights is popular with investors due to the strong financials and excellent management.

Number of flats in building: 96.

Size: 82 sqm.

Levy: R 1 096.28 pm. PAL Property Management (011) 472 7226

Original one-bedroom unit. The apartment has a separate bathroom consisting of a bath, basin and toilet. The kitchen is also separated with built in cupboards and a stove. The unit has a geyser and has a spacious living area utilized as a sleeping station.

The current owner is receiving R4 790.00 p/m. According to rental managers in the area a rental income of between R4 700.00 pm and R4 900.00 p/m can be achieved, if the property is upgraded to their specifications.

The unit is in a fair condition with a full coat of paint needed and maintenance such as new door handles, plugs and light fittings. A detailed maintenance quote will be supplied to the successful buyer. 

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

Closest Amenities:


Name Type Suburb Distance      
Police – SAPS Emergency Hillbrow 0.34 km.
Engen Services Hillbrow 0.23 km.
SPAR Shops Hillbrow 0.16 km.


Purchase with Bond (90%):


R205 000.00 Bond at 7% =R 1 430.00 p.m.
Monthly Levy =R 1 096.28 p.m.
Rental Management fee (if applicable) =R 550.85 p.m.
Total R 3 077.13 p.m.

R 4 790.00 rental income – R 3 077.13 expenses = R 1 712.87 Cashflow positive. 

Purchase with Cash:


Monthly Levy =R 1 096.28 p.m.
Rental Management fee (if applicable) =R 550.85 p.m.
Total R 1 647.13 p.m.                      

R 4 790.00 rental income – R 1 647.13 expenses = R 3 142.87 Cashflow positive.

Gross Yield: 28% at R 4 790.00 rental income and R 205 000.00 cash offer.

Would you like to make an offer on this property?


Address: 6 Bruce Street, Joubert Park
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Joubert Park
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  • Property ID 907
  • Property Type Sectional Title
  • Property status Sold
  • Rooms 1
  • Bedrooms 1
  • Bathrooms 1
  • Size 82 Sqm
  • Label Invest
  • Number of flats in building: 96



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