Bedfordview Phase 2

2 Bedroom Apartments from R 1,299,000

3 Bedroom Apartments from R 2,000,000

12 Months Rental Guarantee | 12 Months Levies Subsidy | Bond Registration Costs Included | No Transfer Fees

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The development of choice, on the doorstep of Bedfordview. Bedfordview is a wealthy town in western Ekurhuleni, providing “urban living” at its finest. This affluent area, overlooking the bustling Sandton area, boasts many excellent schools, alongside sleek shopping malls and restaurants.

Whether you’re buying to live in or as an investment, this development is designed to suit your every need. Luxurious, spacious, eloquently finished and architecturally designed with practical flair and attention to detail.

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Key Features Amenities & Locality

Key Features

  • 24-Hour State-Of-The-Art Security
  • Clubhouse with Pool and Kids’ Play Area
  • On-site Restaurant
  • Fully Kitted Gym
  • Day Care Centre
  • Smart Office Spaces

Locality

Situated opposite the private school, Reddam House, Bedfordview, and in close proximity to various public schools, this prestigious estate offers homeowners:

Popular shopping centers namely, Eastgate, Bedford Centre, Park Meadows and private hospitals including Bedford Gardens as well as the R24 highway are just walking distance from the development.

Area Growth Investment Opportunity

Area Growth

Sectional-titles market most popular. This is most apparent in the sectional title market which is showing year-on-year growth of 7%. First-time buyers are particularly interested in complexes and duplexes as it offers greater affordability and lower maintenance when compared to freestanding homes. This is coupled with advanced security features that ensure ultimate safety and peace of mind. In addition, the recently introduced transfer duty breaks have also played a big role in the number of first-time buyers entering the Bedfordview market.

Investment Opportunity

A common feature in the South African property market is the incredible buy-to-let opportunities that exist for investors, and Bedfordview is no different. Rentals are currently attracting foreigners and local students, with investors having zoned – in on this potential. These demographics are increasingly attracted to sectional title flats as these represent most affordable options.

Floor Plans

3 Bed 2 Bath, Ground Floor Apartment 130m²

Floor Plans

2 Bed 2 Bath, 76.85m² and 76.25m²

Investment Summaries

1st Floor, 2 Bed 2 Bath 76.25m² Apartments from R 1 299 000

Purchase Price* (minus R 50 000 Deposit): R 1 249 000
Monthly Bond Repayment 11.25%: R 12 369
Estimated Monthly Levies: R 950
Estimated Monthly Rates and Taxes: R 562
Estimated Monthly Sanitation Levy (COJ): R 705
Monthly Rental Income: R 12 000
Monthly Levy Subsidy: R 1 200
Monthly Shortfall: R 1 386
Net Yield: 10.7%

Investment Summaries

2nd and 3rd Floor, 2 Bed 2 Bath 76.25m² Apartments from R 1 249 000

Purchase Price* (minus R 50 000 Deposit): R 1 199 000
Monthly Bond Repayment 11.25%: R 11 645
Estimated Monthly Levies: R 950
Estimated Monthly Rates and Taxes: R 562
Estimated Monthly Sanitation Levy (COJ): R 705
Monthly Rental Income: R 12 000
Monthly Levy Subsidy: R 1 200
Monthly Shortfall: R 662
Net Yield: 10.6%

Investment Summaries

1st Floor, 2 Bed 2 Bath 76.85m² Apartments from R 1 399 000

Purchase Price* (minus R 50 000 Deposit): R 1 349 000
Monthly Bond Repayment 11.25%: R 13 102
Estimated Monthly Levies: R 950
Estimated Monthly Rates and Taxes: R 562
Estimated Monthly Sanitation Levy (COJ): R 705
Monthly Rental Income: R 12 000
Monthly Levy Subsidy: R 1 200
Monthly Shortfall: R 2 119
Net Yield: 9.4%

Investment Summaries

2nd Floor, 2 Bed 2 Bath 76.85m² Apartments from R 1 389 000

Purchase Price* (minus R 50 000 Deposit): R 1 339 000
Monthly Bond Repayment 11.25%: R 13 005
Estimated Monthly Levies: R 950
Estimated Monthly Rates and Taxes: R 562
Estimated Monthly Sanitation Levy (COJ): R 705
Monthly Rental Income: R 12 000
Monthly Levy Subsidy: R 1 200
Monthly Shortfall: R 2 022
Net Yield: 9.5%

Investment Summaries

3rd Floor, 2 Bed 2 Bath 76.85m² Apartments from R 1 379 000

Purchase Price* (minus R 50 000 Deposit): R 1 329 000
Monthly Bond Repayment 11.25%: R 12 908
Estimated Monthly Levies: R 950
Estimated Monthly Rates and Taxes: R 562
Estimated Monthly Sanitation Levy (COJ): R 705
Monthly Rental Income: R 12 000
Monthly Levy Subsidy: R 1 200
Monthly Shortfall: R 1 925
Net Yield: 9.6%

Investment Summaries

Ground Floor, 3 Bed 2 Bath 130m² Apartments – R 2 000 000

Purchase Price* (minus R 50 000 Deposit): R 1 950 000
Monthly Bond Repayment 11.25%: R 18 940
Estimated Monthly Levies: R 950
Estimated Monthly Rates and Taxes: R 562
Estimated Monthly Sanitation Levy (COJ): R 705
Monthly Rental Income: R 21 000
Monthly Levy Subsidy: R 1 200
Monthly Surplus: R 1 043
Net Yield: 12.%

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