Midrand Gauteng Development

Located in the HUB of Midrand – Gauteng

2 Bedroom and 1 Bathroom 54m² Apartments from R835,000

Exclusive March Investors Deal – Last Units Available

R 15 000 towards Levies and R 10 000 Cashback OR R 25 000 off Purchase Price | 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.

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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
  • 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: R 825
Monthly Rates & Taxes: R 614
COJ (Sanitation Levy): R 598
Monthly Rental Income: R 7 450
Investors Deal Option 1 (Levies and Cashback): R 2 083
Monthly Shortfall: R 832
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: R 825
Monthly Rates & Taxes: R 620
COJ (Sanitation Levy): R 598
Monthly Rental Income: R 7 550
Investors Deal Option 1 (Levies and Cashback): R 2 083
Monthly Shortfall: R 1 040
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 (Sanitation Levy): R 598
Monthly Rental Income: R 7 600
Investors Deal Option 1 (Levies and Cashback): R 2 083
Monthly Shortfall: R 1 647
Net Yield: 9.1%

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