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R1,100,000

11 Viila Guy, 68a 7th Avenue

Monthly Bond Repayment R11,541.82
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Two Bedroom Apartment Parktown North

2-Bedroom Apartment in Prime Parktown North Location
:
Bedrooms: 2 Spacious Bedrooms
Bathrooms: 1.5 (Main bathroom with bath, separate guest toilet)
Lounge: Comfortable lounge area with plenty of natural light
Flooring: Beautifully maintained wooden park flooring throughout.

Condition: The apartment is older and requires some work, making it a great opportunity for renovation and customization to suit your style and needs.
Additional Highlights:

Prime Location

Situated in the highly sought-after Parktown North neighborhood, offering a quiet residential atmosphere with easy access to major areas such as Rosebank and Sandton.

Convenient Access: Close proximity to restaurants, cafes, shopping centers, and reputable schools, as well as excellent public transport routes.
Potential for Investment: With some TLC, this apartment can be transformed into a modern and comfortable living space, or it can serve as a solid investment opportunity in a growing area.

Price Comparison:
When comparing this listing to other 2-bedroom apartments in Parktown North, here’s a quick overview of the market:

Average Price: In Parktown North, two-bedroom apartments generally range from R1,100,000 to R1,500,000, depending on condition, location, and amenities.
For Example:
A newly renovated 2-bedroom apartment in a similar location may be priced closer to R1,4m to R1,5m.

A fixer-upper in need of renovation (like this one) could be priced slightly lower, but it offers excellent value for those willing to put in the work.

This apartment is priced competitively at R1 100,000, reflecting its potential once updated, and offers a great opportunity to enter the sought-after Parktown North market.

Features

2
1.5
1
Interior
Bedrooms
2
Bathrooms
1.5
Reception Rooms
1
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
86m²
Land Size
1,732m²

Parktown North, Johannesburg

Parktown North is one of the oldest suburbs in Johannesburg bordering Parktown, Parkwood, Parkhurst & Dunkeld. This beautiful upmarket suburb was originally established in the early 1900's and is set in the tree lined area known as "The Parks" Centrally located it is near Jan Smuts Ave, a busy road extending from Parktown to Randburg and connects to the William Nicol Highway. Jan Smuts Ave is a main route for...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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

 

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Monthly Payment

11,541.82

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