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

Please complete the form below to receive more detailed information.

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.

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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%

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