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R350,000

Monthly Bond Repayment R3,732.50
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R20

Fantastic 2 bedroom apartment

This is an absolute bargain!

A spacious and well maintained unit at an absolute steal. Ideal for a young family with young children, many schools in walking distance. For the parents it is very central with a Reya Vya station around the corner equals reduced transport costs to Braamfontein & CBD. Close to the Killarney onramp to M1 to get to Sandton.

The bedrooms are spacious enough for a desk and the normal bedroom furniture.

The building is very well managed and safe, only 18 units prevents overcrowding and strangers wondering around. Secure entrance to the building and electric fencing around the building.

The rental on a property like this is normally R4000 per month, buying it will cost you approximately R3500 at current interest rates. Interest rates are predicted to fall by at least 2% in the next 2 years which means the cost will come down while everything is increasing.

For the investor this is truly a no-brainer.

Features

2
1.5
1
Interior
Bedrooms
2
Bathrooms
1.5
Kitchens
1
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
74m²
Land Size
993m²

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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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

3,732.50

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