?? Address: 2925 On Fleurhof, 22 Bloom Crescent, Fleurhof Ext 23, Roodepoort, Gauteng
Looking for a solid property investment with consistent rental demand and capital growth potential? This neat 2-bedroom, 1-bathroom apartment in 2925 On Fleurhof ticks all the boxes for both new and seasoned investors.
? Property Snapshot:
?? 38 m² sectional title unit – low maintenance, high demand
?? 2 Bedrooms | 1 Bathroom
?? Municipal Valuation: R450,000 (2023)
?? Comparable sales in the complex & surrounds: R400,000 – R450,000
?? Average price growth: ±10% since 2015
? Why Investors Love Fleurhof:
?? High rental demand – The Fleurhof development is one of Johannesburg’s largest affordable housing projects, with thousands of units occupied and rental demand consistently outstripping supply.
?? Strong rental yields – 2-bed apartments in Fleurhof typically achieve R4,500 – R5,500 per month, translating to 9–12% gross yield at current prices.
?? Capital growth – Prices in this node have steadily risen, with recent resales in the same scheme achieving R430,000 – R450,000, demonstrating clear growth trajectory.
?? Low running costs – Estimated monthly rates only +/-R342, plus affordable levies, keeping expenses investor-friendly.
? Location Drivers:
?? Quick access to main transport routes into Johannesburg CBD and Roodepoort
??? Shopping nearby: Meadowlands Shopping Centre (2.2 km) & Constantia Centre (2.4 km)
?? Healthcare within reach: Mandela Sisulu Clinic & Florida Clinic (±3.5 km)
?? Education nodes: multiple daycare and preschools within walking distance
??? Petrol stations within 2 km for tenant convenience
?? Bottom Line for Investors:
With steady rental income potential, low vacancy risk, and capital appreciation backed by ongoing development, this unit is a smart buy-to-let investment in one of Johannesburg’s fastest-growing affordable housing corridors.
?? Call Kenny Centillionaire Dipale today to secure this high-demand investment unit before it’s snapped up!