R 295 000 | 3 bed property for sale in hillbrow

The flat located on the first floor of Clarendon Heights on Bruce Street, Hillbrow, offers a desirable investment opportunity. With its 83-square-meter space comprising three bedrooms and an enclosed balcony, it caters to comfortable living. The building's management is noted for its efficiency, while robust security measures ensure peace of mind for residents. Currently leased at R6000 per month, along with reasonable monthly levies at R1490, this property presents an attractive investment proposition. The tenants' consistent payment history and penchant for long-term rentals further solidify its appeal. With a net yield of 18.5% at the specified price, the property demonstrates its potential for rewarding returns. This high yield indicates the property's capacity to generate significant income relative to its initial investment, making it an enticing option for investors seeking profitable ventures in the real estate market.