Kings Langley Ref 975


Property ID

89 Sqm







Kings Langley is a well known building located in Hillbrow. This area is a favourite amongst investors and tenants.


This is an opportunity not to be missed!

Size: 89 sqm.

Levy: R 1 843.80 pm.

This is a two bedroom unit that consists of the following:

Separated kitchen with a geyser and cupboards, separated bathroom with a bath and basin, separate toilet, Closed living room that can be utilized as a third bedroom..

The unit is currently occupied.

According to rental managers in the area a rental income of between R5 000.00 pm and R 5 500.00 pm can be achieved, if the property is upgraded to their specifications.

Please Note: This unit will be vacant on registration.

This unit needs maintenance, a detailed maintenance quote will be supplied to the successful buyer.

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

Name Type Suburb Distance      
Netcare Rand Hospital Emergency Hillbrow 0.23 km.
Engen Services Hillbrow 0.32 km.
SPAR Shops Hillbrow 0.10 km.



Purchase with Bond (90%):


R220 000.00 Bond at 7% =R 1 535.00 p.m.
Monthly Levy =R 1 843.80 p.m.
Rental Management fee (if applicable) =R 556.32 p.m.
Total R 3 935.12 p.m.

R 5 500.00 rental income – R 3 935.12 expenses = R 1 564.87 Cashflow positive.

Purchase with Cash:


Monthly Levy =R 1 771.00 p.m.
Rental Management fee (if applicable) =R 556.32 p.m.
Total R 2 327.32 p.m.                      

R 5 500.00 rental income – R 2 327.32 expenses = R 3 172.68 Cashflow positive.


Gross Yield: 30% at R5 500.00 rental income and R 220 000.00 cash offer.



Would you like to make an offer on this property?


Address: 149 Quartz street
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Hillbrow
Open on Google Maps
  • Property ID 975
  • Property Type Sectional Title
  • Property status Buy
  • Rooms 1
  • Bedrooms 2
  • Bathrooms 1
  • Size 89 Sqm
  • Label R220 000.00



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