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1 Bedroom Apartment / Flat for Sale in Hillbrow
Hillbrow, Johannesburg
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1
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1
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51 m²
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1 Bedroom apartment for sale in Queen Anne.
Queen Anne is one of the sectional title blocks in Hillbrow with exceptional potential. A sound opportunity not to be missed.
This is a spacious 51m2 apartment that has a one bedroom, lounge, bathroom (separated toilet) and an open balcony.
The unit is currently tenanted, and the rental income achieved is R 3 350.00. Rental amount of R3 950.00 can easily be achieved if maintained properly.
Calculation:
Purchase with Bond (90%):
R 158 000 Bond at 90 %
=R 1 541.00 pm.
Monthly Levy
=R 756.80 pm.
Rental Management fee (if applicable)
=R 454.25 pm.
Total
=R 2 752.05 pm.
R 3 950.00 rental income - R 2 752.05 expenses
=R1 197.95 Cashflow positive
Purchase with Cash:
Monthly Levy
=R 756.80 pm.
Rental Management fee (if applicable)
=R 454.25 pm.
Total
=R 1 211.05 pm.
R 3 950.00 rental...
Bedrooms:
1
Bathrooms:
1
Property Overview
Listing Number
114025003
Type of Property
Apartment / Flat
Listing Date
20 February 2024
Floor Size
51 m²
Price per m²
R 3 098
Levies
R 757
Rooms
Bedroom
1
Bathrooms
1
Reception Rooms
1
Points of Interest
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Monthly Repayment:
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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