Boksburg Development

3 Bedroom Ground Floor Apartments From R 1 500 000

More Information & Enquiry

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This new development in Johannesburg, East-Rand is perfect for professionals or families to settle in. Supremely positioned close to OR Tambo International Airport, close to various highways like the N12 and the N17, less than a kilometer away from El Ridge Shopping Center and has numerous schools in close vicinity.

Boksburg will have 325 units, including 2- and 3-bedroom apartments. Residents will be able to enjoy the clubhouse, restaurant, and a top-of-the-range gym facility. If it is a new development that you are after, look no further and find out where luxury meets your lifestyle.

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Key Features & Amenities

Key Features

2 Parking Bays
1 Dining Area
1 En-Suite
1 Lounge
Prepaid Water & Electricity
24/7 Access Control
Built-In Braai
Built-In Cupboards
Clubhouse
Pool
Gas Geysers & Stoves

Electric Fencing
Family TV Room
Garden
Fully Equipped Gym
Kitchen
Patio
Paving
Pet Friendly
Restaurant Facilities

3 Bed Unit Floor Plan

3 Bedroom and 2 Bathroom Unit 110m²

Investment Summaries

2 Bed, 2 Bath – R 1 299 000

3rd Floor Apartments

Purchase Price* (minus R 30 000 Deposit):	R 1 269 000
Monthly Bond Repayment @ 11.75% Prime:	R 12 809
Monthly Levies:	R 1 200
Monthly Rates & Taxes:	R 600
Monthly COJ Costs:	R 598
Levy, Rates & Taxes Subisdy (12 Months):	R 1 200
Monthly Rental Income:	R 12 000
Monthly Shortfall:	R 2 007
Net Yield:	10%

Investment Summaries

3 Bed, 2 Bath – R 1 500 000

Ground Floor Apartments

Purchase Price* (minus R 30 000 Deposit):	R 1 470 000
Monthly Bond Repayment @ 11.75% Prime:	R 14 838
Monthly Levies:	R 1 200
Monthly Rates & Taxes:	R 1 375
Monthly COJ Costs:	R 598
Monthly Rental Income:	R 14 700
Monthly Shortfall:	R 3 311
Net Yield:	9.2%