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R400,000

Monthly Bond Repayment R4,265.72
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R50
Sectional Title Levy
R2,000

Perfect for an investor, young couple or single lady

This property is the ideal passive income vehicle for any investor! Stable tenants for more than 5 years who are hoping to stay longer. A small building consisting of 18 apartments only.

The apartment consists of large 3 bedrooms with a shared balcony, bathroom with separate toilet and well designed kitchen. The rooms are spacious enough for a double bed and small couch. The floors are Oregon pine. The building is north facing and get sun all day during the winter months which makes the need for heaters unnecessary. Electricity is prepaid and water is included in the levy.

The apartment in on the Parktown border of Hillbrow, very close to Parklane & Brenthurst clinics, the Wits medical school and SAPS college. Across the road from Berea Fire station

A well managed building with good security including electric fencing.

All cash offers will be considered

Features

3
1
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Flatlet
18
Sizes
Floor Size
101m²
Land Size
993m²
Extras
Above Road • 24 Hour Access • Balcony • Bath, Toilet and Basin • Built in Wardrobes • Complex • Electric Fencing • Oven And Hob • Residential • Security Complex • Steel • North • Wooden Floors • Under Counter Oven

Hillbrow, Johannesburg

Johannesburg, also known as 'Jozi', 'Joburg' and 'The City of Gold', is classified as a megacity, due to it being the largest in South Africa. This bustling metropolis offers residents a vibrant and diverse community within beautiful surroundings. Johannesburg has various property types available including apartments, townhouses and freestanding homes, making it an ideal place to live for anyone of all...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

4,265.72

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