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.
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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