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R645,000

Monthly Bond Repayment R6,989.91
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,000
Monthly Rates
R200

Modern Studio Apartment at Madison Lofts

This trendy bachelor apartment has everything: style, comfort and desirability. Located in one of Braamfontein’s most exclusive and coveted buildings, this bachelor apartment is perfect for students as it is just moments away from University of Witwatersrand and other colleges. Yet also the ideal haven for young professionals, “creatives” or those with the flair for taste and style – only moments from the bustle of Braamfontein and the CBD.

This bachelor is south facing with views of the CBD. Unit is open plan with a barrier that maintains space and privacy. Beyond the barrier is the full kitchen and lounge area. Bathroom comes with shower. And last but not least, the high ceilings, nearly floor to ceiling windows and red brick finishing give this unit the feel of a genuine Manhattan loft.

Madison Lofts is kept immaculately clean and secure, and tenants have access to laundry service and the option to acquire secure parking underground. With Braamfontein ever growing and with the increasing demand for units in this upmarket complex, this investment will have guaranteed returns.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Exterior
Security
Yes
Sizes
Floor Size
46m²

Braamfontein, Johannesburg

Braamfontein is located north of Johannesburg's city centre. The area is famed for being one of the coolest places in the country and attracts people from all walks of life. It's a town that always has something to offer in entertainment, culture and opportunities.  A brief history of the area  Beginning as a farm, Braamfontein is recorded as being owned by Gert Bezuidenhout, as early on as 1853. Its...
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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

R
%

Monthly Payment

6,989.91

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