Bedfordview Development

3 Bedroom Apartments from R 2,000,000

Rental Guarantee for 2 Years | Levies, COJ Levy, Rates and Taxes Included for 2 Years

More Information & Enquiry

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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, Kids’ Play Area & Gym
Ample Parking
Fibre Connectivity

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.

Unit Plan

3 Bed 2 Bath Unit 126m²

Investment Summaries

3 Bed 2 Bath 126m² – R 2 000 000

Purchase Price* (minus R 40 000 Deposit):	R 1 960 000
Monthly Bond Repayment @ 11.75% Prime:	R 19 784
Monthly Levies (Included for 24 months):	R 1 272
Monthly Rates and Taxes (Included for 24 months):	R 1 122
COJ (Included for 24 months):	R 598
Monthly Rental Income:	R 16 500
Monthly Shortfall:	R 3 284
Net Yield:	10%