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R1,600,000

Monthly Bond Repayment R15,440.35
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Levy
R3,700
Monthly Rates
R150

A Sure Thing – Four bedroom Unit Promise Guaranteed Yields on Investments

Situated in the Majestic 100 Jorissen Building, the ‘go-to’ for hundreds of students in the Braamfontein area. This spacious and bright four-bedroom unit is a great investment and perfect for fostering a sense of student community.

Only walking distance from the University of the Witwatersrand, other colleges, shops, to the Gautrain and all major transportation hubs, this unit is ideal for students or young professional.

The bright and spacious unit has a shared kitchen and one shared bathroom with four separate secured bedrooms for individual privacy. One of the four bedrooms has its own private en suite bathroom that allows for added privacy and the potential for an increased rental income. The set up allows for the possibility of four individuals to share, or four separate individuals to have their own private space.

The unit has been recently renovated with all brand new fixtures and fittings, floor tiling and plumbing. The building is safe and secure, with impeccable 24-hour security. The constant demand for student accommodation in the building makes this investment a sure thing with high yields.

Current monthly income: R 18 500, 00

Features

4
2
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
95m²

Braamfontein, Johannesburg

Johannesburg is the capital of Gauteng. Called Joburg by the locals and nicknamed "egoli" (place of gold), Johannesburg dates back to 1886 when the main gold reef was discovered on the Witwatersrand. Almost immediately, the Transvaal (as it was known then) was swamped by diggers and fortune-seekers from near and far, creating a property boom in the area. Mine dumps stand firmly as symbols of its rich past, while...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

15,440.35

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