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

Please complete the form below to receive more detailed information.

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.

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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%