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R499,000

Monthly Bond Repayment R5,065.99
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R795
Monthly Rates
R429

Affordable 1-Bedroom Apartment with Strong Rental Appeal

Are you seeking a property with high rental potential and great affordability? This 1-bedroom apartment in Northgate presents an outstanding investment opportunity for first-time buyers or seasoned investors.
The open-plan kitchen and lounge area flow seamlessly into a bright bedroom with en-suite bathroom—offering a desirable layout for tenants. The bathroom features a bath with a shower, toilet, basin, and space for a washing machine, while the kitchen is equipped for a dishwasher or washing machine, making the unit highly functional and attractive to renters.
Cost-effective features such as a heat pump geyser and standard electrical lighting help keep utility expenses low, further boosting its rental appeal. Tenants will appreciate amenities like an on-site clubhouse, three built-in braais, a sparkling pool, and secure undercover parking. The complex also offers 24-hour security, a major draw for those seeking peace of mind.
With its excellent location and amenities, this apartment is poised to generate consistent rental income while remaining an affordable option for entry-level property investors. Don’t miss your chance to secure a property that balances affordability with solid returns!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Pool
Yes
Extras
24 Hour Access

Northgate, Randburg

Background and Historical Information of the Area: Randburg is in the northwest of Gauteng, South Africa. There are over 32 suburbs within Randburg, which contains a variety of properties. Such properties include houses, complexes with townhouses, apartments, clusters, and luxury lifestyle estates. Randburg is also centrally located in Johannesburg, as you have access to the major highways either at Beyers Naude...
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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

5,065.99

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