- 1
- 1
- 47 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 500.00
Monthly Levy: ZAR 957.00
Property description
This well-positioned 47m² apartment offers excellent value and strong rental returns in a high-demand rental area.
Originally designed as a one-bedroom unit, the apartment has been cleverly converted to include a second bedroom while still maintaining a comfortable lounge and open-plan kitchen area. The current tenants are paying R5,600 per month, making this an attractive option for investors seeking immediate rental income.
The bathroom is fitted with a shower, toilet, and basin.
Situated at 108 Diakonia Avenue (formerly St Andrew Street), just off Victoria Embankment, the property is ideally located close to major workplaces, municipalities, and call center's, ensuring consistent tenant demand.
The building offers:
• Excellent 24/7 security
• Controlled turnstile access
• Strict access control to prevent overcrowding
• Full-time on-site supervisor with ground floor office overseeing daily operations
With its central location, secure environment, and strong rental appeal, this apartment presents an excellent investment opportunity for both first-time and seasoned property investors.
Property Details
- 1 Bedrooms
- 1 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Wheelchair Friendly
- Security Post
- Access Gate
- Scenic View
- Kitchen
- Entrance Hall
| Bedrooms | 1 |
| Bathrooms | 1 |
| Floor Area | 47 m2 |
Contact the Agent
Kendal Coward
Full Status Property Practitioner