| Investment Bachelor Unit in Melville Mews, Auckland Park |
An excellent investment opportunity in the well-managed Melville Mews complex, this bachelor apartment offers strong potential for investors looking to expand their rental portfolio or secure a reliable rental income stream. The apartment requires only minor cosmetic attention, making it an attractive value-add opportunity with the potential to improve both rental returns and long-term capital growth.
Ideally situated in one of Auckland Park’s sought-after rental areas, the property benefits from strong demand among students, young professionals, and healthcare workers. Its convenient location provides easy access to the University of Johannesburg (UJ), Milpark Hospital, AFDA, Campus Square Shopping Centre, 44 Stanley, and major transport routes. This prime positioning supports consistent tenant demand and the potential for low vacancy periods.
The kitchen is fully tiled and features 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 carpeted flooring, built-in cupboards, and a large window providing excellent natural light and ventilation. A sliding door leads onto a private tiled balcony offering views towards 44 Stanley and Milpark.
The bathroom is fully tiled from floor to ceiling and features a glass-enclosed shower, single vanity with basin, and mirror.
Whether you are a first-time investor or an experienced property owner looking to expand your portfolio, this bachelor apartment offers affordability, strong rental potential, and an opportunity to add value with minimal improvements. Combined with its sought-after location and established rental demand, this property presents a compelling long-term investment opportunity.
ERF Size 2,788 m² Building Size 27m² Rates R600 per month Sectional Title Levies R1,390
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Ngcebo Ntombela
c. 0738977090
ngcebo.ntombela@rawson.co.za
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