Last Units Now Selling
Monthly Levy Subsidy Included
Apartments from R1,249,000
Boksburg - Gauteng
This 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 kilometre away from El Ridge Shopping Centre and has numerous schools in close vicinity.
Bond Registration Costs Included
Transfer Fees Included
Prepaid Water and Electricity
24/7 Access Control
Clubhouse and Pool
Please contact me with more information on this development
Investment and floor plan
APARTMENTS
2 Bed and 1 Bath from R1,249,000
INVESTMENT SUMMARY
2 Bed and 1 Bath Apartment from R1,249,000
Purchase Price* (minus R30,000 Deposit): R825,000
Monthly Bond Repayment 11%: R11,609
Estimated Monthly Levies: R1,200
Estimated Monthly Rates and Taxes: R1,375
Monthly Rental Income: R11,000
Monthly Levy Subsidy: R1,200
Monthly Shortfall: R1,981
Net Yield: 9.5%
R30,000
DEPOSIT
R2,575
EST EXPENSES
R11,000
RENTAL INCOME
R1,981
MONTHLY SHORTFALL
9.2%
NET YIELD
FINANCIAL PROJECTION AVAILABLE ON BROCHURE
Please contact me with more information on this development
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