Benoni Property Investment Opportunity
1 Bed Apartments from R 535,000
2 Bed Freestanding Homes from R 809,500
12 Months Free Levies – APARTMENTS ONLY
12 Months Rental Assistance – APARTMENTS ONLY
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.
Key Features & Investment Features
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 – APARTMENTS ONLY
- 12 Months Rental Assist – APARTMENTS ONLY
- Estimated Completion Date – March 2024
- 100% Bonds available for Qualifying Investors
- Estimated Return on Investment 10.3%
Apartment Floor Plans
1 Bedroom and 1 Bathroom 34m²
Apartment Floor Plans
2 Bedroom and 1 Bathroom 40m²
Freestanding Homes Floor Plans
2 Bedroom and 1 Bathroom 45m²
Freestanding Homes Floor Plans
2 Bedroom and 1 Bathroom 50m²
Freestanding Homes Floor Plans
3 Bedroom and 2 Bathroom 56m²
Investment Summaries
1 Bed 1 Bath, Ground Floor Apartment 34m² – R 535,000
| Purchase Price* (minus R 30 000 Deposit): | R 505 000 |
| Monthly Bond Repayment @ 11.75% prime: | R 5 098 |
| Monthly Levies (Included for 12 months): | R 580 |
| Monthly Rates & Taxes: | R 250 |
| Monthly Rental Income: | R 4 450 |
| Monthly Rental Assist (Included for 12 Months): | R 400 |
| Monthly Shortfall: | R 498 |
| Net Yield: | 10.3% |
Investment Summaries
2 Bed 1 Bath, 1st Floor Apartment 40m² – R 618,000
| Purchase Price* (minus R 30 000 Deposit): | R 588 000 |
| Monthly Bond Repayment @ 11.75% prime: | R 5 935 |
| Monthly Levies (Included for 12 months): | R 700 |
| Monthly Rates & Taxes: | R 300 |
| Monthly Rental Income: | R 5 400 |
| Monthly Rental Assist (Included for 12 Months): | R 400 |
| Monthly Shortfall: | R 435 |
| Net Yield: | 10.7% |
Investment Summaries
2 Bed 1 Bath, Ground Floor Apartment 40m² – R 638,000
| Purchase Price* (minus R 30 000 Deposit): | R 608 000 |
| Monthly Bond Repayment @ 11.75% prime: | R 6 137 |
| Monthly Levies (Included for 12 months): | R 700 |
| Monthly Rates & Taxes: | R 300 |
| Monthly Rental Income: | R 5 600 |
| Monthly Rental Assist (Included for 12 Months): | R 400 |
| Monthly Shortfall: | R 437 |
| Net Yield: | 10.7% |
Investment Summaries
2 Bed 1 Bath, 45m² Home – R 809,500
| Purchase Price* (minus R 30 000 Deposit): | R 779 500 |
| Monthly Bond Repayment @ 11.75% prime: | R 7 863 |
| Monthly Levies: | R 800 |
| Monthly Rates & Taxes: | R 400 |
| Monthly Rental Income: | R 6 000 |
| Monthly Shortfall: | R 3 063 |
| Net Yield: | 7.1% |
Investment Summaries
2 Bed 1 Bath, 50m² Home – R 820,000
| Purchase Price* (minus R 30 000 Deposit): | R 790 000 |
| Monthly Bond Repayment @ 11.75% prime: | R 7 974 |
| Monthly Levies: | R 900 |
| Monthly Rates & Taxes: | R 400 |
| Monthly Rental Income: | R 6 000 |
| Monthly Shortfall: | R 3 274 |
| Net Yield: | 7.1% |
Investment Summaries
3 Bed 2 Bath, 56m² Home – R 879,000
| Purchase Price* (minus R 30 000 Deposit): | R 849 000 |
| Monthly Bond Repayment @ 11.75% prime: | R 8 570 |
| Monthly Levies: | R 1 020 |
| Monthly Rates & Taxes: | R 400 |
| Monthly Rental Income: | R 6 750 |
| Monthly Shortfall: | R 3 240 |
| Net Yield: | 7.3% |
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