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Bachelor Apartment for sale in Auckland Park, Johannesburg

R390,000
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  2. Web Ref: 1353836
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Property Features

ERF Size 2,788 m²
Rates R600 per month
Building Size 27m²
Sectional Title Levies R1,390

Interior Features

1 Bathroom
Security
1 Lounge
Kitchen

Exterior Features

1 Parking Space
Balcony

Investment Bachelor Unit in Melville Mews, Auckland Park

An excellent investment opportunity in the well-managed Melville Mews complex. This bachelor apartment offers exceptional potential for investors seeking to expand their rental portfolio or generate steady rental income. Requiring minor cosmetic attention, it presents an ideal value-add opportunity with the potential to increase both rental returns and capital value.

The apartment is ideally positioned in one of Auckland Park's most sought-after rental areas, with strong demand from students, young professionals, and healthcare workers due to its proximity to the University of Johannesburg (UJ), Milpark Hospital, AFDA, Campus Square Shopping Centre, 44 Stanley, and major transport routes. Its location supports consistent tenant demand and low vacancy rates, making it a sound long-term investment.

The kitchen is fully tiled and fitted with built-in cupboards, melamine countertops, a single sink, space for a refrigerator, and a freestanding stove. The ceiling is clean and well maintained.

The open-plan bedroom and living area features a carpeted floor, built-in cupboards, and a large window that allows for plenty of natural light and ventilation. A sliding door opens onto a private tiled balcony with views towards 44 Stanley and Milpark.

The bathroom is fully tiled from floor to ceiling and includes a glass-enclosed shower, single vanity with basin, and a mirror.

Whether you are a first-time investor or looking to grow your property portfolio, this bachelor apartment offers affordability, excellent rental potential, and the opportunity to add value with minimal improvements. With its prime location and strong rental demand, it is an investment well worth considering.

Contact the agent

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Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

84 4th Avenue, Linden

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