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R350,000

Monthly Bond Repayment R3,732.50
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Investment Opportunity in the Heart of Braamfontein

Discover a unique investment opportunity in one of Braamfontein's most vibrant neighborhoods. Located at 98 De Korte Street, this Body Corporate building offers spacious, affordable flats that are perfectly positioned for investors seeking to capitalize on the bustling property market in the area.
Location, Location, Location
This property's central location is one of its key selling points. Situated in the heart of Braamfontein's central improvement district, it offers unbeatable access to major businesses in the area and is within walking distance of the prestigious Wits University. Moreover, the property enjoys excellent connectivity to public transportation, with the Gautrain, Metro Rail, and BRT systems at your doorstep. This prime location ensures a steady flow of potential tenants, making it an attractive prospect for investors.
Subsidy for Prospective Buyers
An appealing feature for both investors and potential homeowners is the opportunity to receive a subsidy of up to R96,648. This subsidy program opens the doors to property ownership for a broader range of individuals. With manageable monthly installments starting at just R2,554, this property promises an excellent return on investment. Please note that terms and conditions apply to the subsidy offer.
Urban Living at Its Best
These apartments offer spacious and secure living spaces that cater to the modern urban lifestyle. The convenience of city living is unrivaled, with Wits University nearby, a renowned institution that attracts a constant stream of students and faculty members. Additionally, the property's strategic location near key transport routes, buses, and taxis enhances its desirability for tenants who rely on efficient commuting options.
Key Property Features:Prepaid Electricity:Allows for efficient utility management and cost control.Bath:Provides comfort and convenience for residents.2 Plate Stove/3 Plate Stove With Oven:Modern kitchen appliances for contemporary living.Geyser:A crucial amenity for everyday comfort.Wash Area:Added convenience for residents.Unfurnished:A blank canvas for tenants to personalize their living spaces.
Invest in Braamfontein's Future
This property is your gateway to maximizing your returns in the thriving property market of Braamfontein. The potential for a significant subsidy and its prime location in a bustling urban district make these flats the perfect investment for savvy investors looking to grow their wealth.
Don't miss out on this opportunity to secure your financial future. Contact us today to learn more about this investment opportunity, schedule a viewing, and take the first step toward securing your place in Braamfontein's dynamic property market.
Please be aware that the media content (images, videos, and virtual tours) used may vary slightly from the actual unit listed and/or what is available at the time of your inquiry and application.
Please note that terms and conditions apply to the subsidy offer. Inquire for more information.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
36m²
Extras
High Traffic • Near Public Transportation • Closed Circuit TV • Covered Parking • Balcony • Near Bus • City Center • Near Medical Center • Near Highway • Near Shopping Mall • Lift-Elevator • Near Fitness centre • Brick • Near Schools • Fibre • Near Shops
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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

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

3,732.50

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