Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (Gauteng > Johannesburg > Commercial & Residential Property for Sale & Rent > Houses, Apartments & Granny Flats for Sale> ad 1275738659)
One Bedroom apartment for sale in Ark Royal.
R 230,000
Can I afford this?
25 Photo(s)
19 days ago16 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):82
Description
Ark Royal is one of the sectional title blocks in Hillbrow with exceptional potential. A sound opportunity not to be missed.
This is a spacious 82m2 apartment that has an one bedroom, lounge(enclosed and can be used as a bedroom), small living area, bathroom(separated toilet) and an open balcony.
The unit is currently tenanted, and the rental income achieved is R 4 550.00. Rental amount of R4800.00 can easily be achieved if maintained properly.
Calculation:
Purchase with Bond (90%):
R 230 000.00 Bond at 90 %
=R 2 243.00 pm.
Monthly Levy
=R 1 431.01 pm.
Rental Management fee (if applicable) =R 552.00 pm.
Total
=R 4 226.01 pm.
R 4 800.00 rental income - R 4 226.01 expenses
=R 573.99 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 431.01 pm.
Rental Management fee (if applicable) =R 552.00 pm.
Total
=R 1 983.01 pm.
R 4 800.00 rental income – R 1 983.01 expenses
=R 2 816.99 Cashflow positive.
Gross Yield: 25% at R 4 800.00 rental income
Property Reference #: 2239486
Agent Details:
Ian Bouwer
Mamela Estates
Office 7B Old farm Office forum, 823 Old farm road, Faerie glen
This is a spacious 82m2 apartment that has an one bedroom, lounge(enclosed and can be used as a bedroom), small living area, bathroom(separated toilet) and an open balcony.
The unit is currently tenanted, and the rental income achieved is R 4 550.00. Rental amount of R4800.00 can easily be achieved if maintained properly.
Calculation:
Purchase with Bond (90%):
R 230 000.00 Bond at 90 %
=R 2 243.00 pm.
Monthly Levy
=R 1 431.01 pm.
Rental Management fee (if applicable) =R 552.00 pm.
Total
=R 4 226.01 pm.
R 4 800.00 rental income - R 4 226.01 expenses
=R 573.99 Cashflow positive.
Purchase with Cash:
Monthly Levy
=R 1 431.01 pm.
Rental Management fee (if applicable) =R 552.00 pm.
Total
=R 1 983.01 pm.
R 4 800.00 rental income – R 1 983.01 expenses
=R 2 816.99 Cashflow positive.
Gross Yield: 25% at R 4 800.00 rental income
Property Reference #: 2239486
Agent Details:
Ian Bouwer
Mamela Estates
Office 7B Old farm Office forum, 823 Old farm road, Faerie glen
Id Subtitle 1275738659
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 2,493
Total property loan amountR 230,000
Total interestR 368,207
Total repaymentR 598,207
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.
RECALCULATE
Mamela Estates
Selling for 1 year
Total Ads30
Active Ads30
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
30Total Ads
9.04KTotal Views
Contact Mamela Estates
079*******Show Number
Message
(4002)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 1,650,000
SavedSave
A main house with two cottages, a double stand for additional expansion or even sub division. This property is an income generator!This immense space both property and building can be used preferentially according to the owner needs - have someone pay your bond!!!Combining the house with the two cottages cumulatively the accommodation consists of :5 bedrooms, good old fashioned size with built in cupboards 3 bathrooms 3 kitchens, modern with granite counter tops and ample storage space, breakfast nooks 3 Lounges Family roomSeparate dining roomA pool needing some repair and a vast expanse of land to further develop or sub divide.Close to public transport and hospitals as well as an array of shopping options! The is 1 carport and immense space for onsite parking.Let your investment make your living for you!Disclaimer: Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.Has PoolProperty Reference #: RL90286Agent Details:Wendy BloomLifestyle Property GroupNo 3 Woodhill Office Park53 Phillip Engelbrecht StreetMeyersdal Alberton1449
Invalid date
1
R 1,200,000
SavedSave
An Ideal Investment Opportunity to own in an Exclusive Complex within the Rosettenville Area. All Four apartments are currently tenanted with Rent Rolls available on Request The exterior of the building has been well maintained through the years providing reassurance as to the longevity of an investment of this nature. Details of the Each Apartments:- Under Roof: +- 100sqm- 2 Bedrooms (Second Bedroom is sizeable and will allow for adjustments for a 3rd Bedroom with minimal investment.)- 1 Bathroom- Sizeable Living Spaces Throughout- Kitchen- Entrances from the Front of the Property and the back entrance.- One Designated parking per Apartment.- Relatively good condition throughout. TLC is required on certain parts of the building.- Utilities are metered and charged according to each tenants usage.- Generating a Gross Income of +-R16,000 a month excluding Recoveries- Should the units be converted to a 3 Bedroom, 1 Bathroom, rentals of around R5,500 per unit can be expected generating a total gross income of +-R22,000 excluding any recoveries.All relevant figures are on hand and can be provided at request of a potential purchaser. Please note the property is zoned Res 4 and therefore will classify as a commercial loan which will require a 40% deposit based on the individual or businesses profile. We are happy to assist regarding any additional information on that front as well. For an ideal investment to add to your property portfolio, please do not hesitate to contact us.Property Reference #: DPR12087Agent Details:Kyle De AguiarDormehl Phalane Property Group95 Victoria Street,Oakdene, Johannesburg, Gauteng, 2190
Invalid date
1
R 6,200,000
SavedSave
Take advantage of this incredible opportunity to own a lucrative income-generating property! Situated in the heart of Bedfordview, Johannesburg, this spacious and secure Self Catering Guest House boasts 3 bedrooms in the main house, perfect for hosting guests or utilizing as a work-from-home space. With a prime location opposite Virgin Active, this property offers endless possibilities for income generation.Featuring a 3-bedroom main house alongside 5 cottages capable of accommodating up to 20 guests, this property also includes domestic quarters, 2 double garages, and a double carport. Its proximity to Bedford Centre, Eastgate, the airport, top restaurants, and prestigious private schools adds to its appeal.One of the standout features of this property is its commitment to green energy systems. With solar-piped geysers and 36 new solar electric panels equipped with a 10KW inverter, you can save up to R4000 monthly on electricity bills, significantly reducing running costs by 50-60%.Spanning across an expansive erf size of 1678m² and a floor size of 950m², this property generates an impressive monthly rental income of R72500.00, with all units currently rented out. With a total of 10 bedrooms and 9 bathrooms, this investment practically pays for itself, covering the bond repayment and offering a substantial return.Don't miss out on this excellent investment opportunity. Contact us today to schedule a viewing and secure your financial future!
Invalid date
1
R 1,480,000
SavedSave
This well-established & situated complex is ideally nestled in the heart of Waterkloof close to all major shopping centres, amenities and freeways.Buy direct from the developer with NO TRANSFER DUTIES.Average rental income of R12 000 p/m achieved with tenants. Tenanted units also available for sale.1 bedroom unit also available at R1 045 000.00Modern open-plan layout throughout with top quality fittings and fixtures.All of the units are currently tenanted. Can be sold with tenant or tenant can be given 2 months notice.2 bedroom2 bathrooms (Main-en suite)2 covered parkings.Small balcony.Complex has clubhouse with swimming pool.24/7 access-control security.1 undercover parking + visitors parking.Rates And Taxes: 871Levies: 1138Property Reference #: 2667Agent Details:Zander Van ZweelPatcha Property Practitioners
Invalid date
1
R 5,400,000
SavedSave
Offers from R5.5 million. Situated in this quiet tree lined street, a south entry north facing family home for the extended family. Boasting many original features, with a modern twist for 2024 living lovingly restored by the current owners.Large rooms with high ceilings adorn. Feature fire places, coupled with a mix of wooden flooring and tiles set this home apart. Cape Georgian vibes showcase 5 bedrooms and 4 bathrooms. Two formal inter-leading lounges, a separate dining room plus a TV room offer grandiose entertainment options. Two of the five bedrooms are situated in the modern upstairs wing - perfect for older children, guests or extended family.The well fitted kitchen - finished in checker board tiling is in the centre of the home and has a scullery, and laundry area.A large verandah captures the sun all day and overlooks feature heated swimming pool. This home has a separate one bed cottage with good off street parking and is totally private from the main house. Always rented and a great income of R10k per month.Generator plus inverter - gas - excellent security, double garage plus staff quarters and great value make for a most immaculately presented home.Has PoolProperty Reference #: TPR11868Agent Details:Murray HaywoodTyson Properties17 Glenhove RoadMelrose EstateSandtonJohannesburg2196
Invalid date
1
R 975,000
SavedSave
?? Welcome investors and home-buyers! This exceptional 4 bedroom, 3 bathroom duplex apartment presents a lucrative opportunity for you. Situated on a generous 155sqm of space, this property includes an additional bachelor cottage – perfect for accommodating a helper or generating rental income.? Impeccably maintained and uniquely designed, this apartment boasts immense potential for investors looking to capitalize on various avenues such as Air BnB, lodge operations, or traditional rentals. The ground floor features a well-appointed kitchen, spacious lounge area, and one bedroom, while upstairs, two of the three bedrooms are en suite.?? Step outside the kitchen to find a convenient washing area that leads to a charming garden with clotheslines for your convenience. Dont miss out on the chance to explore the possibilities this property offers – whether youre seeking a new investment venture or a comfortable home for your family.?? Reach out to schedule a viewing and secure ownership of this promising unit. Take the next step towards realizing your property goals – contact us now!# Office / Study: 1# Parking: 1Levies: 3200Has GardenProperty Reference #: 2239613Agent Details:Donald SibandaO-YES Properties1st Floor, Block DHomestead Park,37 Homestead Road,RivoniaSandton
Invalid date
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.
Looking to Sell?
Whether you are selling your car, old cell phone or laptop, learn how much your item could be worth with our Gumtree Pricing Guide.
