Clarendon Heights Ref 922


Property ID

41 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: 41 sqm.

Levy: R 700.22 pm. PAL Property Management (011) 472 7226

Original bachelor unit. The apartment has a separate bathroom consisting of a bath, basin and toilet. The kitchen is also separated with neat built in cupboards. The unit has a spacious living area. The unit is neatly tiled and painted.

The current owner is receiving R3 500.00 p/m. According to rental managers in the area the general rental income is between R2 800.00 pm and R3 200.00 p/m, if the property is upgraded to their specifications.

The unit is in a good condition with general maintenance touch-ups required. 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%):


R 140 000.00 Bond at 7% =R 977.00 p.m.
Monthly Levy =R 700.22 p.m.
Rental Management fee (if applicable) =R 402.50 p.m.
Total R 2 079.72 p.m.

R 3 500.00 rental income – R 2 079.72 expenses = R 1 420.28 Cashflow positive.

Purchase with Cash:


Monthly Levy =R 700.22 p.m.
Rental Management fee (if applicable) =R 402.50 p.m.
Total R 1 102.72 p.m.                      

R 3 500.00 rental income – R 1 102.72 expenses = R 2 397.28 Cashflow positive.


Gross Yield: 30% at R 3 500.00 rental income and R 140 000.00 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 922
  • Property Type Sectional Title
  • Property status Sold
  • Rooms 1
  • Bathrooms 1
  • Size 41 Sqm
  • Number of flats in building: 96



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