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R470,000

283 MILPARK MEWS, 35 Stanley Avenue

Monthly Bond Repayment R5,012.22
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R536
Sectional Title Levy
R1,667

Prime Student Accommodation!

Studio Apartment at Milpark Mews –
Priced to sell. This modern studio apartment at Milpark Mews offers an excellent investment opportunity, ideally suited for student accommodation. Located conveniently close to Wits University, the University of Johannesburg , and AFDA this property is perfectly positioned to attract student tenants.

The apartment is already tenanted, ensuring immediate rental income for investors. Featuring contemporary finishes, a well-equipped kitchenette, and secure access, this unit provides a comfortable and safe living environment for students.

Milpark Mews boasts a range of amenities within close proximity, including the vibrant 44 Stanley complex with its trendy cafes, boutiques, and restaurants, as well as the Campus Square Shopping Centre for all your retail needs. In the very same building, a Virgin Active members club can be found, making the space perfect for avid gym goers. Additionally, the area is well-served by public transport, making commuting easy and convenient.

With its prime location, reliable rental yield, and proximity to major educational institutions, this studio apartment is a smart addition to any investment portfolio. Don't miss out on this great opportunity! Contact us now to schedule your viewing.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
41m²
 
  • 1
 

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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

5,012.22

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