North Riding, Johannesburg Development
Located in Gauteng.
2 Bedroom and 1 Bathroom Apartments from R 1,120,000
2 Bedroom and 2 Bathroom Apartments from R 1,225,000
Levies and COJ Levies Free for 12 Months | Tenanted Units Available | No Transfer Cost | Bond Registration Cost Included
More Information & Enquiry
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This Estate provides a modern and sophisticated lifestyle in the heart of North Riding. North Riding is in close proximity of Fourways, Sandton and the West Rand, which makes it an ideal place for career driven individuals and families. It’s close to good schools, hospitals and shopping centres, which makes this estate a desirable place to live in. The estate is a secure complex with a clubhouse, jungle gym, and two swimming pools.
Key Features & Investment Features
Key Features & Amenities
- Clubhouse
- Two Swimming Pools
- Daily Common Area Cleaning Staff
- Lift to all Floors
- Prepaid Utilities and Fibre
- Modern Finishes
- Secure Estate Living
- Jungle Gym
Investment features:
- No Bond and No Registration Costs
- 12 Months Free Levies
- Tenanted Units Available
- COJ cost Included for 12 Months
- 100% Bonds available for Qualifying Investors
Floor Plans
Investment Summaries
1st & 2nd Floor, 2 Bed 1 Bath 73m² From R 1,120,000
| Purchase Price* (minus R 30 000 Deposit): | R 1 090 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 11 003 |
| Monthly Levies (Included for 12 months): | R 1 612.92 |
| Monthly COJ Levies (Included for 12 Months): | R 598 |
| Monthly Rates & Taxes: | R 740.73 |
| Monthly Rental Income: | R 8 298.44 |
| Monthly Shortfall: | R 3 445.29 |
| Net Yield: | 8.1% |
Investment Summaries
Ground Floor, 2 Bed 1 Bath 73m² From R 1,167,000
| Purchase Price* (minus R 30 000 Deposit): | R 1 137 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 11 477 |
| Monthly Levies (Included for 12 months): | R 1 612.92 |
| Monthly COJ Levies (Included for 12 Months): | R 598 |
| Monthly Rates & Taxes: | R 740.73 |
| Monthly Rental Income: | R 8 598.44 |
| Monthly Shortfall: | R 3 619.3 |
| Net Yield: | 8.1% |
Investment Summaries
1st, 2nd & 3rd Floor, 2 Bed 1 Bath 80m² From R 1,180,000
| Purchase Price* (minus R 30 000 Deposit): | R 1 150 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 11 608 |
| Monthly Levies (Included for 12 months): | R 1 767.32 |
| Monthly COJ Levies (Included for 12 Months): | R 598 |
| Monthly Rates & Taxes: | R 740.73 |
| Monthly Rental Income: | R 8 798.44 |
| Monthly Shortfall: | R 3 550.29 |
| Net Yield: | 8.2% |
Investment Summaries
1st, 2nd & 3rd Floor, 2 Bed 1 Bath 84m² From R 1,225,000
| Purchase Price* (minus R 30 000 Deposit): | R 1 195 000 |
| Monthly Bond Repayment @ 11.75% Prime: | R 12 062 |
| Monthly Levies (Included for 12 months): | R 1 767.32 |
| Monthly COJ Levies (Included for 12 Months): | R 598 |
| Monthly Rates & Taxes: | R 783.71 |
| Monthly Rental Income: | R 9 098.44 |
| Monthly Shortfall: | R 3 747.27 |
| Net Yield: | 8.1% |
Location Map
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