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R550,000

Monthly Bond Repayment R5,865.36
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R250
Sectional Title Levy
R1,989

Melville Modernity

Cosy Bachelor Apartment in Melville – A Perfect Blend for Professionals and Investors

This bachelor apartment not only offers a sanctuary for young professionals, but a goldmine for investors. The room is bathed in natural light, creating a warm, inviting atmosphere that feels like home from the moment you step inside.

The sleek, modern kitchen offers a perfectly comfortable cooking environment. Picture yourself enjoying a quiet morning coffee, and the room filled with the soft glow of the Johannesburg sunrise.

Located just minutes from Wits University, The University of Johannesburg, and AFDA, this apartment is perfectly positioned for those pursuing academic excellence. For investors, the AirBnB rights open up a world of possibilities, catering to a steady stream of students, professionals, and tourists seeking a stylish, convenient place to stay.

Short-term rental potential is endless, with travelers flocking to Melville for its unique blend of culture and nightlife. Long-term rentals are equally promising, with students and professionals consistently seeking quality accommodation in this lively area.

This apartment is more than just a living space; it's a gateway to the vibrant, dynamic lifestyle that Melville has to offer. For young professionals, it's everything you need. For investors, it's an opportunity not to be missed.

Get in touch today to secure your viewing!

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
33m²
Land Size
33m²
Extras
24 Hour Access • Bachelor Studio • Built in Wardrobes
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

5,865.36

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