Enfield Court Ref 891


Property ID

101 Sqm







Enfield Court is a well-known building located in Joubert Park. This area is a favourite amongst investors and tenants.

There is electric fencing around the premises for extra security along with a biometric system and CCTV cameras throughout the building.

Financial statements are also available and as a bonus, the building had a recent major revamp/upgrade.

This is an opportunity not to be missed!

Number of flats in building: 65.

Size: 101 sqm.

Levy: R 852.57 pm. City Accommodations (011) 656 2899.

Original two-bedroom unit. The flat has a separate bathroom consisting of a bath, basin and toilet as well as a separate kitchen. The unit is equipped with a working geyser and is neatly tiled. There is a large living area used as two additional sleeping-stations.

The current owner is getting R 5 582.00 p.m. According to rental managers in the area a rental income of between R 5 500.00 pm and R 5 600.00 pm can be achieved, if the property is upgraded to their specifications.

The property is in a fairly good condition but requires a full coat of paint as well as some work on the kitchen cupboards. A detailed maintenance quote will be supplied to the successful buyer. 

Yes. According to the Body Corporate, 6 people may reside in the unit.

Closest Amenities:


Name Type Suburb Distance      
SPAR Fontana Highpoint Shops Berea 0.23 km.
Afro Combs College Education Joubert Park 0.26 km.
Netcare Rand Hospital Emergency Services Joubert Park 0.68 km.


Purchase with Bond (90%):


R 230 000.00 Bond at 10% =R 1 998.00 p.m.
Monthly Levy =R 852.57 p.m.
Rental Management fee (if applicable) =R 641.93 p.m.
Total R 3 492.50 p.m.

R 5 582.00 rental income – R 3 492.50 expenses = R 2 089.50 Cashflow positive.

Purchase with Cash:


Monthly Levy =R 852.57 p.m.
Rental Management fee (if applicable) =R 641.93 p.m.
Total R 1 494.50 p.m.                      

R 5 582.00 rental income – R 1 494.50 expenses = R 4 087.50 Cashflow positive.

Gross Yield: 29% at R 5 582.00 rental income and R 230 000.00 cash offer.


Would you like to make an offer on this property?


Address: 40 Kapteijn Street, Joubert Park
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Joubert Park
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  • Property ID 891
  • Property Type Sectional Title
  • Property status Sold
  • Bedrooms 2
  • Bathrooms 1
  • Size 101 Sqm
  • Label Invest
  • Number of flats in building: 65



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