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R650,000

Monthly Bond Repayment R7,044.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R3,700
Monthly Rates
R550

Prime Investment Opportunity - 4 Bedroom Apartment in Newtown, Johannesburg

Calling all savvy investors! Here is your chance to seize a prime investment opportunity in Newtown, Johannesburg. This spacious 4 bedroom apartment, awaiting renovations, presents a promising venture for those seeking to maximize their returns in the thriving property market of this vibrant city. With a little TLC, this unit has the potential to become a highly sought-after residence or a lucrative rental property.

Location:
Located in the heart of Newtown, this apartment benefits from a prime location that attracts both residents and tenants alike. Newtown is renowned for its cultural diversity, vibrant arts scene, and an array of entertainment options. It offers excellent connectivity to major business districts, educational institutions, and transport links, ensuring a steady demand for rental properties in the area.

Renovations are required for this unit. The marketing price reflects the current condition, presenting investors with an opportunity to acquire an undervalued property and maximize their return on investment through strategic renovations.

Don't miss out on this exceptional investment opportunity in Newtown, Johannesburg. Contact us today to explore the potential of this 4 bedroom apartment and make your mark in the lucrative real estate market of one of South Africa's most exciting neighborhoods.

Features

1
4
1
Interior
Bedrooms
1
Bathrooms
4
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
89m²
Land Size
916m²

Newtown, Johannesburg

Johannesburg...Joburg...Jozi...The City of Gold. It's a city that goes by a variety of names, and which has won acclaim around the world for various factors. From the urban vibes of Johannesburg's CBD, which has undergone a major rejuvenation, to many other areas such as Sandton, which has evolved from dirt roads to Africa's richest square mile, Gauteng's biggest city has much to offer. In the 130+ years since...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,044.10

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