Queen Anne Ref 1015


Property ID

49 Sqm







Queen Anne is perfectly located in Bruce Street, a prominent BRT route that leads to the main Gautrain station.

This is a very attractive building that is popular to tenants due to the location and the features.

The security of Queen Anne is top of the range, as there is a biometric turn style access system, CCTV camera and security guards on duty at the main entrance.

A sound investment, indeed!

Number of flats in building: 150.

Size: 49 sqm.

Original one-bedroom unit. The flat has a separate neatly tiled bathroom consisting of a bath, basin and toilet. The kitchen is also separate with built-in cupboards. The unit has an open balcony and a spacious living area. This unit also has a geyser.

The unit is currently vacant. According to rental managers in the area, a rental income of between R 3 500.00 p.m. and R 4 000.00 p.m. can be achieved, if the property is upgraded to their specifications. 

Newly renovated unit in pristine condition. No maintenance needed.

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

Closest Amenities:


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%):


R156 800.00 Bond at 8.25% =R 1 202.00 p.m.
Monthly Levy =R 720.32 p.m.
Rental Management fee (if applicable) =R 441.60 p.m.
Total R 2 363.92 p.m.

R 3 840.00 rental income – R 2 363.92 expenses = R 1 476.08  Cashflow positive. 

Purchase with Cash:


Monthly Levy =R 720.32 p.m.
Rental Management fee (if applicable) =R 441.60 p.m.
Total R 1 161.92 p.m.                      

R 3 840.00 rental income – R 1 161.92 expenses = R 2 678.08 Cashflow positive.

Gross Yield: 29.3% at R 3 840.00 rental income and R 156 800.00 cash offer.


Address: 13 Bruce Street, Hillbrow
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Hillbrow
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  • Property ID 1015
  • Property Type Sectional Title
  • Property status Sold
  • Rooms 1
  • Bedrooms 1
  • Bathrooms 1
  • Size 49 Sqm
  • Label R156 800.00
  • Number of flats in building: 150



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