Johannesburg South Development

Olifantsvlei –  Gauteng

2 Bedroom and 1 Bathroom Apartments From R 755 000

More Information & Enquiry

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A secure lifestyle for all tenants with top-end security, biometric access and armed response. Our Olifantsvlei development includes spacious living areas, a lifestyle park, ample visitors parking and is conveniently located just 15 minutes from Johannesburg CBD, and five minutes from Southgate Mall and Mall of the South. The perfect investment with easy access to all public transport routes, community centers, schools, golf courses and recreation centers.

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Key Features & Why Invest

Key Features

  • High-Speed Fibre Internet
  • Laundromat
  • Self-Service Car Wash
  • Convenience Store & Cafe
  • Jogging Trail
  • Jungle Gym & Soccer Field
  • Prepaid Water & Electricity
  • Park & Play Area
  • Outdoor Chess Board
  • 24-hour Security with Biometric Access
  • Motion Sensor
  • DSTV (plug-and-play)
  • On-Site Maintenance

Why Invest

  • Cash Flow Positive
  • Guaranteed Tenant
  • Bond and Transfer Fees Included
  • High Rental Demand
  • Levies Included for 12 Months
  • Completed and Ready to Transfer
  • Prepaid Electricity and Water
  • Located 15 Minutes from Johannesburg’s CBD
  • Five Minutes from South Gate Mall & Mall Of The South

Ground, 1st & 2nd Floor Unit Plan

Investment Summaries

Ground Floor 56m². 2 Bed, 1 Bath – R 839 000

Purchase Price* (minus R 30 000 Deposit): R 809 000
Monthly Bond Repayment @ 9% Prime: R 6 509
Monthly Levies (Included for 12 months): R 824
COJ (Water, Sewerage and Sanitation) R 714
Monthly Rates & Taxes: R 335
Monthly Rental Income: R 7 300
Monthly Shortfall: R 258
Net Yield: 8.9%

Investment Summaries

1st Floor 56m². 2 Bed, 1 Bath – R 765 000

Purchase Price* (minus R 30 000 Deposit): R 735 000
Monthly Bond Repayment @ 9% Prime: R 5 914
Monthly Levies (Included for 12 months): R 824
COJ (Water, Sewerage and Sanitation) R 714
Monthly Rates & Taxes: R 284
Monthly Rental Income: R 6 900
Monthly Shortfall: R 12
Net Yield: 9.3%

Investment Summaries

2nd Floor 56m². 2 Bed, 1 Bath – R 755 000

Purchase Price* (minus R 30 000 Deposit): R 725 000
Monthly Bond Repayment @ 9% Prime: R 5 834
Monthly Levies (Included for 12 months): R 824
COJ (Water, Sewerage and Sanitation) R 714
Monthly Rates & Taxes: R 277
Monthly Rental Income: R 6 800
Monthly Shortfall: R 25
Net Yield: 9.3%

Location Map

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Address

Zomerlust Estate, Second Floor, Cnr Bergrivier Boulevard & Bergsig Avenue, Paarl, Cape Town, 7646

Call / WhatsApp Us

0800 014 943

021 872 0028

Business Hours

 

Monday to Friday 08:00 -17:00

Saturday & Sunday - CLOSED

Public Holidays - CLOSED

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