Tafelberg Ref 884


Property ID

46 Sqm





Due to the great and busy location of Hillbrow, Tafelberg is a very popular building.

Tafelberg is situated near amenities such as Highpoint Shopping Centre, SAPS, NETCARE Rand Hospital and many more.

Good location, great price, this is definitely a sound investment.

Number of flats in building: 89.

Size: 46 sqm.

Levy: R 575.82 Managed by City Accommodations (011) 720 5334.

This is a bachelor unit with an enclosed balcony used as an additional bedroom. The unit is painted out with wooden flooring. The kitchen is tiled and there is a separate bathroom that consists of a bath, basin and toilet.

The owner is currently receiving R 2 500.00 p.m. According to the rental managers in the area a rental income between R 2 300.00 to R 2 500.00 p.m. can be achieved if the property is upgraded to their specifications.

The property is in a good condition with minimal maintenance required. A detailed maintenance quote will be supplied to the successful buyer.

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

Closest Amenities:

Name Type Suburb Distance
Eden Park Primary School Education Joubert Park 0.46 km.
McDonalds Entertainment Hillbrow 0.25 km.
Netcare Rand Hospital Emergency Services Joubert Park 0.58 km.


Purchase with Bond (90%):

R 101 200.00 Bond at 10% =R 879.00 p.m.
Monthly Levy =R 575.82 p.m.
Rental Management fee (if applicable) =R 287.50 p.m.
Total R 1 742.32 p.m.

R 2 500.00 rental income – R 1 742.32 expenses = R 757.68 Cashflow positive.

Purchase with Cash:

Monthly Levy =R 575.82 p.m.
Rental Management fee (if applicable) =R 287.50 p.m.
Total R 863.32 p.m.

R 2 500.00 rental income – R 863.32 expenses = R 1 636.68 Cashflow positive.

Gross Yield: 29.6% at R 2 500.00 rental income and R 101 200.00 cash offer.


Would you like to make an offer on this property?


Address: 82 Banket Street, Joubert Park
  • Country: South Africa
  • Province / State: Gauteng
  • City / Town: Johannesburg
  • Neighborhood: Joubert Park
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  • Property ID 884
  • Property Type Sectional Title
  • Property status Sold
  • Rooms 1
  • Bathrooms 1
  • Size 46 Sqm
  • Label Invest
  • Number of flats in building: 89



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