Located in the HUB of Midrand – Gauteng
2 Bedroom and 1 Bathroom 54m² Apartments from R835,000
Exclusive March Investors Deal – Last Units Available
R 15 000 towards Levies and R 10 000 Cashback OR R 25 000 off Purchase Price | Bond and Transfer Fees Included | Highest Rental Demand Complex in the Area
More Information & Enquiry
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These spacious and upmarket apartments offer a Huge Rental Demand and has great locality! The development is located in the heart of Midrand. This security complex ensures hassle-free living for a fast-paced lifestyle. These modern apartments are neatly built with quality finishes for your comfort, and offers shopping convenience with Carlswald Lifestyle centre which is within walking distance from these apartments.
Key Features & Investment Features
Key Features & Amenities
- 24-Hour State-of-the-art-Security
- Biometric Access
- Manned Guardhouse with Patrolling Guards
- Perimeter wall with Electric Fence
- Secure parking under Carports
- Prepaid Utilities
- Fibre
- 1 km Fitness Track
- DSTV (Plug-and-Play)
- Visitor Parking
- Kids Play Area
- Jungle Gym
- Laundromat and Kiosk
- Car Wash
Investment features:
- Location Location Location
- Highest Rental Demand Complex in the Area
- Huge Rental Demand and 6% Capital Growth
- Transfer and Bond costs are Included
- Long-term Tenants
- 14.4% Estimated Return on Investment
- Located in THE HUB of Midrand
1st & 2nd Floor Unit Plans
54m² From R 835 000 & R 845 000
Investment Summaries
2nd Floor, 2 Bed & 1 Bath 54m² – R 835 000
| Purchase Price* (minus R 10 000 Deposit): | R 825 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 8 013 |
| Monthly Levies: | R 832 |
| Monthly Rates & Taxes: | R 620 |
| COJ (Sanitation Levy): | R 705 |
| Monthly Rental Income: | R 7 450 |
| Investors Deal Option 1 (Levies and Cashback): | R 2 083 |
| Monthly Shortfall: | R 637 |
| Net Yield: | 10.7% |
Investment Summaries
1st Floor, 2 Bed 1 Bath 54m² – R 865 000
| Purchase Price* (minus R 10 000 Deposit): | R 855 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 8 467 |
| Monthly Levies: | R 832 |
| Monthly Rates & Taxes: | R 620 |
| COJ (Sanitation Levy): | R 705 |
| Monthly Rental Income: | R 7 550 |
| Investors Deal Option 1 (Levies and Cashback): | R 2 083 |
| Monthly Shortfall: | R991 |
| Net Yield: | 10.4% |
Investment Summaries
Ground Floor, 2 Bed 1 Bath 54m² – WAS R 930 000
NOW R895,000
| Purchase Price* (minus R 10 000 Deposit): | R 885 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 8 596 |
| Monthly Levies: | R 832 |
| Monthly Rates & Taxes: | R 620 |
| COJ (Sanitation Levy): | R 705 |
| Monthly Rental Income: | R 7 900 |
| Levies Subsidy: | R 1 667 |
| Monthly Shortfall: | R 1186 |
| Net Yield: | 10% |
Location Map
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