Johannesburg South Development

Olifantsvlei –  Gauteng

2 Bedroom and 1 Bathroom Apartments From R 770 000

Levies INCLUDED for 12 Months | Only R10K Deposit Required | R15K Cash Back on Registration -Last Units Selling Now

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

  • R15,000 Cash Back on Registration
  • 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 10 000 Deposit): R 829 000
Monthly Bond Repayment @ 11.25% Prime: R 8 052
Monthly Levies (Included for 12 months): R 824
COJ (Water, Sewerage and Sanitation) R 700
Monthly Rates & Taxes: R 305
Monthly Rental Income: R 7 300
Monthly Cash back: R 1 250
Monthly Shortfall: R 823
Net Yield: 9%

Investment Summaries

1st Floor 56m². 2 Bed, 1 Bath – R 780 000

Purchase Price* (minus R 10 000 Deposit): R 770 000
Monthly Bond Repayment @ 11.25% Prime: R 7 479
Monthly Levies (Included for 12 months): R 824
COJ (Water, Sewerage and Sanitation) R 700
Monthly Rates & Taxes: R 284
Monthly Rental Income: R 6 900
Monthly Cash back: R 1 250
Monthly Shortfall: R 606
Net Yield: 9.1%

Investment Summaries

2nd Floor 56m². 2 Bed, 1 Bath – R 770 000

Purchase Price* (minus R 10 000 Deposit): R 760 000
Monthly Bond Repayment @ 11.25% Prime: R 7 382
Monthly Levies (Included for 12 months): R 824
COJ (Water, Sewerage and Sanitation) R 700
Monthly Rates & Taxes: R 277
Monthly Rental Income: R 6 800
Monthly Cash back: R 1 250
Monthly Shortfall: R 599
Net Yield: 9.1%

Location Map

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