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R765,000

Monthly Bond Repayment R8,026.81
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Investment Opportunity in Houghton Village Complex!

Welcome to this perfect investment opportunity in the sought-after Houghton Village Complex! 
This cozy 1 bedroom, 1 bathroom apartment offers an excellent chance to capitalize on the thriving rental market in the area. With a range of attractive features and a prime location, this property is sure to impress any investor.
Upon entering the apartment, you'll be greeted by a tiled unit that exudes a sense of warmth and comfort. The bedroom is surprisingly spacious, boasting 2 double beds and ample cupboard space. Currently, it is cleverly utilized to accommodate 2 rental students, generating an impressive rental income of R8,500 per month. Imagine the potential for steady cash flow!
The unit also features an open-plan kitchen and lounge area, providing a versatile and inviting space for residents. Whether you're a working professional or a student, this setup offers the perfect blend of functionality and comfort. The fitted cupboards in the kitchen provide ample storage, and there is space available for your appliances.
The Houghton Village Complex itself offers a range of amenities that enhance the living experience for residents and tenants. Take a refreshing dip in the pool on those hot summer days, unwind in the lovely gardens, or make use of the clubhouse for social gatherings. It's the perfect balance of convenience and relaxation right at your doorstep.
Location is everything, and this apartment doesn't disappoint in that regard. Situated in close proximity to prestigious institutions such as Wits Medical School and Wits Education campus, it presents an ideal housing option for students or professionals working in the medical field. 
Additionally, with nearby attractions like Charlotte Maxeke Hospital, KPMG, Isle of Houghton, Braamfontein Constitutional Hill, Killarney, and Rosebank, residents will have easy access to a range of amenities, entertainment venues, and transportation links.
The apartment comes with the added convenience of pre-paid electricity, ensuring hassle-free management for both you and your tenants. Furthermore, the complex's no-pets policy provides peace of mind for those concerned about potential damages or disturbances.
Don't miss out on this outstanding investment opportunity! Whether you're an experienced investor or looking to enter the rental market, this property offers tremendous potential for long-term growth and profitability. Call now to arrange a viewing and secure your future in Houghton Village Complex!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Pool
Yes
Sizes
Floor Size
62m²
Land Size
54,122m²
Extras
Balcony • Private Pool
 
  • 1
 

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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

8,026.81

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