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R599,000

Monthly Bond Repayment R6,182.81
Calculated over 20 years at 11% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,645
Monthly Rates
R520

Investment property for sale: 1 Bedroom Apartment

This charming one-bedroom apartment located in a prime location at Norwood Garden Village offers a fantastic opportunity for steady rental income, with a secured tenant already in place generating R 6,500.00 per month. The perfect choice for investors looking to expand their portfolio!

Situated in the secure and peaceful Norwood Garden Village, the apartment is flooded with natural light, creating a warm and welcoming atmosphere.

The open-plan layout includes a modern kitchen with ample cupboard space, leading to a large living area, located down a few stairs.

The living area is open plan and can be configured to suit your tenants needs.

The apartment also features a well-appointed bathroom, complete with a bath, over-bath shower, basin, and toilet.

Plus, a generous walk-in closet offers plenty of storage space.

Key Features:
Communal Amenities: Beautiful gardens, children's play area, communal pools, and braai facilities.
Fibre-Ready: Stay connected with fast and reliable internet.
Parking: One undercover parking space.
Location: Perfectly positioned within walking distance of Norwood Mall and close to public transport routes.


This is an investor’s dream, generating income from day one and offering fantastic potential for long-term growth.

Don’t miss out on this opportunity!

Schedule a viewing today!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
50m²

Norwood, Johannesburg

Johannesburg in the 19th century GOLD was discovered in Johannesburg in 1886. The town moved from tent town to wood and iron shacks to bricks and mortar within a decade or two. These stories tell that history, detailing the characters involved, how the city got its name, and the earliest settlers in the region. Joburg's earliest settlers Johannesburg's earliest settlers were not the Boers but rather...
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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

6,182.81

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