Located in the HUB of Midrand – Gauteng
2 Bedroom and 1 Bathroom 54m² Apartments from R835,000
Levies Included for 12 Months | Bond and Transfer Fees Included | Highest Rental Demand Complex in the Area
More Information & Enquiry
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These spacious and upmarket apartments offer a Huge Rental Demand and has great locality! The development is located in the heart of Midrand. This security complex ensures hassle-free living for a fast-paced lifestyle. These modern apartments are neatly built with quality finishes for your comfort, and offers shopping convenience with Carlswald Lifestyle centre which is within walking distance from these apartments.
Key Features & Investment Features
Key Features & Amenities
- 24-Hour State-of-the-art-Security
- Biometric Access
- Manned Guardhouse with Patrolling Guards
- Perimeter wall with Electric Fence
- Secure parking under Carports
- Prepaid Utilities
- Fibre
- 1 km Fitness Track
- DSTV (Plug-and-Play)
- Visitor Parking
- Kids Play Area
- Jungle Gym
- Laundromat and Kiosk
- Car Wash
Investment features:
- Location Location Location
- Highest Rental Demand Complex in the Area
- Huge Rental Demand and 6% Capital Growth
- Transfer and Bond costs are Included
- Levies are Free for 12 Months
- Fully Tenanted Units
- Long-term Tenants
- 14.4% Estimated Return on Investment
- Located in THE HUB of Midrand
1st & 2nd Floor Unit Plans
54m² From R 835 000 & R 845 000
Investment Summaries
2nd Floor, 2 Bed & 1 Bath 54m² – R 835 000
| Purchase Price* (minus R 10 000 Deposit): | R 825 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 8 328 |
| Monthly Levies (Included for 12 months): | R 825 |
| Monthly Rates & Taxes: | R 614 |
| COJ Levies (Included for 12 months): | R 598 |
| Monthly Rental Income: | R 7 450 |
| Monthly Shortfall: | R 1 492 |
| Net Yield: | 9.2% |
Investment Summaries
1st Floor, 2 Bed 1 Bath 54m² – R 865 000
| Purchase Price* (minus R 10 000 Deposit): | R 855 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 8 630 |
| Monthly Levies (Included for 12 months): | R 825 |
| Monthly Rates & Taxes: | R 620 |
| COJ Levies (Included for 12 months): | R 598 |
| Monthly Rental Income: | R 7 550 |
| Monthly Shortfall: | R 1 700 |
| Net Yield: | 9.1% |
Investment Summaries
Ground Floor, 2 Bed 1 Bath 54m² – R 930 000
| Purchase Price* (minus R 10 000 Deposit): | R 920 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 9 287 |
| Monthly Levies (Included for 12 months): | R 825 |
| Monthly Rates & Taxes: | R 620 |
| COJ Levies (Included for 12 months): | R 598 |
| Monthly Rental Income: | R 7 600 |
| Monthly Shortfall: | R 2 307 |
| Net Yield: | 9.1% |
Location Map
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