Montana Development
Gauteng. 2 Bedroom and 1 Bathroom Apartments From R 765 000
More Information & Enquiry
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Here you can enjoy a convenient lifestyle, safe for your family, and close to all the necessary amenities and travel routes. No need to get in the car and drive to the nearest convenience since the on-site kiosk, laundry, and car wash will have you covered.
Situated just off the N1 and Sefako Makgatho Drive, you will easily be able to reach destinations such as Pretoria North, East and Central.
Key Features & Amenities
Key Features & Amenities
- 24-Hour security. Manned access control, pattrolling guards, CCTV analytic camera monitoring system, and perimeter wall with electric fencing.patrolling
- Fibre to the home (FTTH)
- Car wash, laundromat and kiosk
- Children’s play areas, swimming pool and kiddies fountain
- Communal area with braai facilities and kiosk
- Perfect location. Close to the Kollonade shopping centre and easy access to the N1 highway
1st, 2nd & 3rd Floor Unit Plan
Type B – 2 Bed 1 Bath Unit – 56m²
Investment Summaries
1st Floor 2 Bedroom and 1 Bathroom – R 795 000
| Purchase Price* (minus R 30 000 Deposit): | R 765 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 7 430 |
| Monthly Levies (Included for 12 months): | R 980 |
| Monthly Rates & Taxes: | R 545 |
| Monthly Rental Income: | R 6 550 |
| Monthly Shortfall: | R 1 425 |
| Net Yield: | 7.6% |
Investment Summaries
2nd Floor 2 Bedroom and 1 Bathroom – R 775 000
| Purchase Price* (minus R 30 000 Deposit): | R 745 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R7 236 |
| Monthly Levies (Included for 12 months): | R 980 |
| Monthly Rates & Taxes: | R 520 |
| Monthly Rental Income: | R 6 300 |
| Monthly Shortfall: | R 1 456 |
| Net Yield: | 7.4% |
Investment Summaries
3rd Floor 2 Bedroom and 1 Bathroom – R 765 000
| Purchase Price* (minus R 30 000 Deposit): | R 735 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 7 139 |
| Monthly Levies (Included for 12 months): | R 980 |
| Monthly Rates & Taxes: | R 520 |
| Monthly Rental Income: | R 6 300 |
| Monthly Shortfall: | R 1 359 |
| Net Yield: | 7.5% |
Location Map
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