Boksburg Development
3 Bedroom Apartments From R 1 399 000
Free Levies for 12 Months | No Transfer Fees
Investors Package
R12,000 Rental Guarantee for 12 Months
Levies, Rates & Taxes to the value of R 2,100pm for 12 Months
OR
Levies, Rates & Taxes to the value of R 2,100pm for 12 Months.
Appliances – (Bosch) Fridge, Washing Machine, Tumble
Dryer and Dishwasher for your dream home
More Information & Enquiry
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This new 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 kilometer away from El Ridge Shopping Center and has numerous schools in close vicinity.
Boksburg will have 325 units, including 2- and 3-bedroom apartments. Residents will be able to enjoy the clubhouse, restaurant, and a top-of-the-range gym facility. If it is a new development that you are after, look no further and find out where luxury meets your lifestyle.
Key Features & Amenities
Key Features
- 2 Parking Bays
- 1 Dining Area
- 1 En-Suite
- 1 Lounge
- Prepaid Water & Electricity
- 24/7 Access Control
- Built-In Braai
- Built-In Cupboards
- Clubhouse
- Pool
- Gas Geysers & Stoves
- Electric Fencing
- Family TV Room
- Garden
- Fully Equipped Gym
- Kitchen
- Patio
- Paving
- Pet Friendly
- Restaurant Facilities
3 Bed Unit Floor Plan
3 Bedroom and 2 Bathroom Unit 110m²
Investment Summaries
3 Bed, 2 Bath – R 1 399 000
1st and 2nd Floor Apartments
| Purchase Price* (minus R 30 000 Deposit): | R 1 369 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 13 819 |
| Monthly Levies: | R 1 200 |
| Monthly Rates & Taxes: | R 600 |
| Levy, Rates & Taxes Subisdy (12 Months): | R 2 100 |
| Monthly Rental Income: | R 12 000 |
| Monthly Shortfall: | R 1 519 |
| Net Yield: | 9.7% |
Investment Summaries
3 Bed, 2 Bath – R 1 425 000
1st and 2nd Floor Apartments
| Purchase Price* (minus R 30 000 Deposit): | R 1 395 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 14 081 |
| Monthly Levies: | R 1 200 |
| Monthly Rates & Taxes: | R 600 |
| Levy, Rates & Taxes Subisdy (12 Months): | R 2 100 |
| Monthly Rental Income: | R 12 000 |
| Monthly Shortfall: | R 1 781 |
| Net Yield: | 9.6% |
Investment Summaries
3 Bed, 2 Bath – R 1 749 000
Ground Floor Apartments
| Purchase Price* (minus R 30 000 Deposit): | R 1 719 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 17 352 |
| Monthly Levies: | R 1 200 |
| Monthly Rates & Taxes: | R 600 |
| Levy, Rates & Taxes Subisdy (12 Months): | R 2 100 |
| Monthly Rental Income: | R 14 000 |
| Monthly Shortfall: | R 3 052 |
| Net Yield: | 9.2% |
Investment Summaries
3 Bed, 2 Bath – R 1 799 000
Ground Floor Apartments
| Purchase Price* (minus R 30 000 Deposit): | R 1 769 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 17 856 |
| Monthly Levies: | R 1 200 |
| Monthly Rates & Taxes: | R 600 |
| Levy, Rates & Taxes Subisdy (12 Months): | R 2 100 |
| Monthly Rental Income: | R 13 000 |
| Monthly Shortfall: | R 4 656 |
| Net Yield: | 8.2% |
Location Map
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