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Smart Investment Choice!

R 580,000

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3 months ago32 views

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General Details

Location:

Bedfordview, East Rand

For Sale By:Agency

Dwelling Type:Apartment

Bedrooms (#):1

Bathrooms (#):1

Size (sqm):40

Parking:Covered

Description

An enticing investment opportunity:

This immaculate 40 square meter apartment boasts a well-fitted kitchen, inviting lounge area, and a cozy bedroom complete with an en-suite bathroom.

Ideal for first-time buyers seeking a prime location, this unit offers convenience with one covered parking bay and proximity to major shopping malls and transport routes.

With its impeccable condition and strategic location, this property is a smart investment choice.

Property Reference #: 2215294

Agent Details:
Wendy Duncan
Wendy D Real Estate
11 Bradford Road, Bedfordview, 2007

Id Subtitle 1263147281

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Estimated monthly repaymentR 6,286

Total property loan amountR 580,000

Total interestR 928,521

Total repaymentR 1,508,521

Interest rate at 11.75% for 20 years *

* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

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Wendy D Real Estate

Selling for 6+ months

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Beautiful Great investment for Investor, Guest House or Large Family 10-Bedroom Home in Bedfordview!

R 6,200,000

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Discover an unparalleled investment opportunity with this remarkable self-catering guest house in the prestigious suburb of Bedfordview, Johannesburg. Reduced by a staggering 40%, this property boasts three spacious bedrooms in the main house, offering a sunlit, north-facing ambiance and unparalleled security features. Ideal for a work-from-home setup or professional practice, such as doctors rooms, this residence is strategically located opposite Virgin Active.Comprising a total of three bedrooms in the main house and five cottages, this property can accommodate up to 20 guests. Additional features include domestic quarters, two double garages, and a double carport. Conveniently situated near Bedford Centre, Eastgate, the airport, top restaurants, and private schools, this property promises a lucrative return on investment.One of the most compelling features of this property is its eco-friendly initiatives, including solar-piped geysers and solar electric panels with a 10KW inverter. These green energy systems result in significant monthly savings, reducing running costs by 50-60%.With an erf size of 1678m² and a floor size of 950m², this residential property offers ample space for various purposes, including home schooling and work-from-home offices. By incorporating four lithium batteries, the property can become completely off the grid, further enhancing its appeal to environmentally-conscious investors.Moreover, the installation of pay-as-you-go water and electric meters ensures smooth and efficient operation of the complex. Managed by a dedicated professional, the property is meticulously maintained, with recent interior painting enhancing its marketability.With a monthly rental income of R72,500.00, all properties are currently leased out, providing a steady and reliable stream of income. This outstanding investment opportunity guarantees a return that exceeds bond repayment, making it an ideal choice for investors seeking long-term financial security.Situated in the prime location of Bedfordview, this property offers a secure, quiet environment free from highway noise, making it perfect for both work and relaxation. Whether youre looking to accommodate a large family or capitalize on the lucrative hospitality market, this property is sure to exceed your expectations.Dont miss out on this rare opportunity to secure your financial future. Contact us today to arrange a viewing and seize the chance to own a truly exceptional investment property!# Parking: 4Rates And Taxes: 3400Property Reference #: 2214Agent Details:Lotanang ChueneGP Realty Group3 Rosewalk Street, Rosewalk Manor, Hurl Park, Sandton, 2196

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Exceptional investment opportunity in the heart of Bedfordview

R 6,200,000

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Introducing an exceptional investment opportunity in the heart of Bedfordview, Johannesburg – a meticulously designed and income-generating property that seamlessly combines luxury living with sustainability. This Self Catering Guest House, strategically situated opposite Virgin Active, boasts not only a prime location but an array of features that make it an ideal asset for both discerning homeowners and savvy investors.Property Highlights:Spacious and Secure Living:Nestled on a generous 1678m² erf, this property encompasses a sprawling 3-bedroom main house bathed in natural light and positioned for optimal north-facing exposure. The secure and sunny environment creates an inviting atmosphere, making it ideal for various purposes, from a comfortable family home to professional spaces such as work-from-home offices or doctors rooms.Entertainment Haven:The property is adorned with a magnificent entertainment area, perfect for hosting gatherings and events. This feature enhances the propertys allure, providing an added dimension to its versatility.Accommodation for All:Comprising the main house with 3 bedrooms and an additional 5 cottages, this residence can comfortably accommodate up to 20 guests. Each living space is meticulously designed to ensure both comfort and privacy, making it an attractive option for those seeking short-term or extended stays.Green Energy Systems:An eco-friendly haven, the property boasts cutting-edge green energy systems. The 200-liter solar-piped geysers efficiently harness the power of the sun, delivering maximum heat and significantly reducing energy costs. With 36 new solar electric panels and a 10KW inverter, the property realizes substantial monthly savings, approximately R4000, making it not only an environmentally conscious choice but also a financially prudent one.Convenient Location:Situated in close proximity to Bedford Centre, Eastgate, the airport, top-notch restaurants, and prestigious private schools, this property offers unparalleled convenience. Its strategic location ensures easy access to amenities and establishes it as an attractive choice for both residents and guests.Additional Features:Domestic quarters2 double garages1 double carportImpressive Returns:With all properties currently rented out, this investment opportunity generates a substantial monthly rental income of R71,000. The lucrative returns, coupled with the propertys outstanding features, make it an irresistible prospect for investors seeking a sound and profitable venture.Overall Property Statistics:Erf Size: 1678m²Floor Size: 950m²Discover a unique blend of luxury, sustainability, and financial prudence in this remarkable property. seize the opportunity to own a piece of Bedfordviews premier real estate while enjoying significant returns on your investment. Arrange your viewing today!Property Reference #: 6322923Agent Details:Edward SteynKingstons Real Estate103 Boeing Road East, Bedfordview Johannesburg 1401

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Smaller Personal Space Bigger Facilities

R 999,000

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Rental Assist exclusive to IGrow Investors (R24 480 for Studio apartments & R36 480 for 1 Bedroom apartments)Resulting in minimal monthly shortfall contributions towards your investmentNO TRANSFER FEES | NO BOND REGISTRATION FEESOWN FROM ONLY R8,065 PM* | *CALCULATED AT 11.75% OVER 30 YEARSR10 000 DEPOSITSMALLER PERSONAL SPACE BIGGER FACILITIESTimes are ever-changing, and the youth who drive our economy have different lifestyle needs. Its all about smart-designed smaller spaces with a bigger emphasis on communal and social amenities. This provides the lock-up-and-go flexibility they need, reducing living costs and creating efficient mobility. This is the generation of Micro Living.THE BENEFITS SPEAK FOR THEMSELVESMicro living offers property searchers convenient access to more central living locations with lower rates, compared totraditional and overpopulated housing in city centers.Great for investor portfolio diversification. Ideal for investors looking for a low-risk, lock-up-and-go lifestyle, corporatecrash-pad or short-term rental property - particularly when paired with the minimal maintenance required.Investment benefits- Occupation from beginning 2024- Gross rental yields up to 11.71%- Rental income projected from R6 429 to R8 006 per month- Bond and transfer fees included- Up to 100% bond financing available- Deduct up to R602 250 against taxable income through Section 13sex tax incentives*- Buy directly from the developer- Tenant insurance offered - secure your rental income- IGrow Rentals will place and manage your tenant for you- No transfer duty payable- Property tax strategies offered by IGrow Chartered Accountants- Company & trust advice and setup through IGrow Trusts- R10 000 reservation deposit required (refundable should financing not be approved)Apartment Features- Fibre installed to all units- Quartz kitchen countertops- Ceramic glass hob- Washing machine/dishwasher point in kitchen- Tiled throughout for low maintenance (600 x 600 tile)- Clever site design with natural lighting- Centralised, energy efficient, heatpump hot water system- Hot and cold water meters installed to each apartment- Pre-paid electricity meters to each apartment- Modern sanitary finishes- Building insurance covered by levyProperty Reference #: RL1857Agent Details:IGrow Wealth InvestmentsIGrow Wealth Investments (PTY) Ltd99 Jip de Jager DriveWelgemoedThe Vineyards Office Estate

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