1 Bedroom Unit in Secure Elspark Complex – Ideal Investment Opportunity at R299,000
updated on Sep 03, 2026
R 299 000

WEB REF: 766442

Property Summary
  • Selling Price R 299 000
  • Property Type Apartment
  • Floor Size 40 m2
  • Monthly Levy R649.00


  • Beds 1
  • Baths 1
  • Parkings 1
Description

Perfectly priced for the savvy investor or first-time buyer, this 40m² one-bedroom, one-bathroom unit in the well-managed SS Graceland complex offers exceptional value in the heart of Elspark, Germiston. The unit comprises a bedroom, a bathroom, and an open-plan living and kitchen area, with an open parking bay completing the offering. Investors, take note: this unit has a proven rental history of approximately R3 800 per month, translating to an outstanding gross yield at this price point. Now offered with vacant occupation, it's ready for a new tenant — or a new owner — from day one. Set within a secure complex with controlled access, residents enjoy peace of mind along with convenient proximity to schools, shops, and major transport routes, with quick access to surrounding Germiston amenities. Levies of R649 per month (including CSOS) keep running costs sensible, making this one of the most affordable entry points into the property market in the area. Opportunities at this price are rare — contact Thandiswa to arrange a viewing today.

Additional Features
      Property Address

      Elspark, Germiston, Gauteng

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