High Hylton Ref 968


Property ID

80 Sqm







High Hylton is a well-known building located in Hillbrow. This area is a favourite amongst investors and tenants.

Big 80 sqm Unit!

This is an opportunity not to be missed!

Size: 80 sqm.

Levy: R 1855.58 pm.

An original one-bedroom unit.

The flat has a separate bathroom consisting of a bath, basin and toilet as well as a separate kitchen and build in cupboards.

This unit is currently occupied and the rental amount is R4700.00

According to rental managers in the area a rental income of between R4 500.00 pm and R4 700.00 pm can be achieved, if the property is upgraded to their specifications.

The unit is below standard and needs maintenance.

A detailed maintenance quote can be supplied to the successful buyer on request.

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

Name Type Suburb Distance      
SPAR Shops Hillbrow 0.17 km.
Netcare Rand Hospital Emergency Berea 0.37 km.
Engen Services Hillbrow 0.11 km



Purchase with Bond (90%):


R195 000.00 Bond at 7% =R 1361.00 p.m.
Monthly Levy =R 1 855.58 p.m.
Rental Management fee (if applicable) =R 540.50 p.m.
Total R 3 757.08 p.m.

R 4 700.00 rental income – R 3 757.08 expenses = R 942.92 Cashflow positive.

Purchase with Cash:


Monthly Levy =R 1 855.58 p.m.
Rental Management fee (if applicable) =R    540.50 p.m.
Total                              R 2 396.08 p.m.                      

R 4 700.00 rental income –  R 2 396.08 expenses = R 2 303.92 Cashflow positive.


Gross Yield: 28% at R 4 700.00 rental income and R 195 000.00 cash offer.



Would you like to make an offer on this property?


Address: 15 Goldreich Street, Joubert Park
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Hillbrow
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  • Property ID 968
  • Property Type Sectional Title
  • Property status Sold
  • Rooms 1
  • Bedrooms 1
  • Bathrooms 1
  • Size 80 Sqm
  • Label R195 000.00



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