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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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1 Bedroom Apartment For Sale in Houghton Estate

Introducing an exceptional studio apartment that seamlessly blends modern living with strategic investment potential. Nestled in the vibrant heart of the city, this studio is not just a home; it's a lucrative opportunity. With its prime location in close proximity to the prestigious Wits University, this property is poised to capture the attention of students and faculty alike.

Investors will appreciate the undeniable allure of its location. Being a stone's throw away from the bustling university campus means a constant demand for housing. Whether you choose to rent to students seeking a convenient abode or capitalize on the strong potential for short-term rentals, this property is a versatile investment that promises consistent returns.

Residents will enjoy the convenience of easy access to academic buildings, libraries, and vibrant student life. Additionally, the surrounding neighborhood offers an array of amenities, including trendy cafes, restaurants, and recreational spaces, ensuring a well-rounded and enjoyable lifestyle.

Don't miss the chance to own not just a studio apartment, but a promising investment in a thriving academic hub.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Exterior
Security
Yes
Sizes
Floor Size
49m²

Houghton Estate, Johannesburg

Deemed one of Johannesburg's wealthiest & opulent suburbs, Houghton Estate has much to offer those that can afford to reside here.  It is an older suburb situated North East of the City with many houses &buildings; of historical interest. It is divided into 2 sections - Upper Houghton & Lower Houghton.                                                                                                         Upper...
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Tips for First-Time Property Sellers: Navigate the Journey with Confidence Selling your first property is a significant milestone, often marked by excitement and uncertainty. As you begin this journey, understanding the...

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Market value

R650,000

Offers from

R550,000

Offers for this listing must be made in RNone increments. More Info

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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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

7,044.10

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