La Plagne Ref 997


Property ID

43 Sqm







La Plagne is one of the sectional title blocks in Yeoville with exceptional potential and is favoured amongst investors and residents.

Mamela Estates is currently managing a number of flats for investments in this building.

A sound opportunity not to be missed!

Size: 43 sqm.

Levy: R 810.48 pm.

One bedroom unit with a big living area and a separated bathroom with a bath, basin and toilet.

The unit is currently vacant. According to rental managers in the area the general rental income is between R 3300.00 pm and R 3600.00 p/m, if the property is upgraded to their specifications.

The unit is in fair condition and needs slight maintenance. a detailed quote will be sent to the successful buyer.

No, according to the body corporate 4 people may reside in this unit.

Closest Amenities:


Name Type Suburb Distance    
Engen Yeoville Motors Filling Station Yeoville 0.32 km.
Netcare Rand Hospital Hospital Yeoville 0.94 km.
Bellevue Primary and High School School Yeoville 0.26 km.




Purchase with Bond (90%):


R170 000.00 Bond at 7% =R 1 233.00 p.m.
Monthly Levy =R 810.48 p.m.
Rental Management fee (if applicable) =R 414.00 p.m.
Total R 2 457.48 p.m.

R 3 600.00
rental income – R 2457.48 expenses = R 1 142.52 Cashflow positive.

Purchase with Cash:


Monthly Levy =R 810.48
Rental Management Fee =R 414.00 p.m.
Total R 1 224.00 p.m

R 3 600.00 rental income – R 1 224.00 expenses = R 2 376.00 Cashflow positive.


Gross Yield: 25% at R 3 600.00 rental income and R 170 000.00 cash offer.



Address: 10 Hopkins Street, Yeoville
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Yeoville
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  • Property ID 997
  • Property Type Sectional Title
  • Property status Under Offer
  • Rooms 2
  • Bedrooms 1
  • Bathrooms 1
  • Size 43 Sqm
  • Label R170 000.00



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