Benoni Property Investment Opportunity
2 Bed and 1 Bath Apartments from R655 000
12 Months Free Levies and Rental Assistance
More Information & Enquiry
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Benoni is situated east from Johannesburg, Gauteng and is only a 20 minute drive from Oliver Tambo International Airport. Benoni is one of Gauteng’s underestimated suburban gems. With its abundant lakes, parks and golf courses, it offers the perfect escape from the concrete jungle.
Estate Features:
- Security Camera System
- Access Control Systems
- Prepaid Water and Electricity
- Solar Geyser
- Electric Fencing
- Carport and Visitor Parking
- Electric Free-Standing Stove
Investment features:
- No Bond and No Registration Costs
- 12 Months Free Levies
- 12 Months Rental Assist
- 100% Bonds available for Qualifying Investors
- Estimated Return on Investment 10.7%
Apartment Floor Plans
2 Bedroom and 1 Bathroom 40m²
Investment Summaries
2 Bed 1 Bath, Ground Floor Apartment 40m² – R 655,000
| Purchase Price* (minus R 30 000 Deposit): | R 625 000 |
| Monthly Bond Repayment @ 11.25% prime: | R 6 070 |
| Monthly Levies (Included for 12 months): | R 700 |
| Monthly Rates & Taxes: | R 400 |
| Monthly Rental Income: | R 5 750 |
| Monthly Rental Assist (Included for 12 Months): | R 400 |
| Monthly Shortfall: | R 320 |
| Net Yield: | 10.7% |
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