2
Beds
1
Baths
33 m²
Floor area
About this property
Overview
Excellent student accommodation investment in a prime Braamfontein location. This fourth-floor apartment is currently configured as a 1-bedroom unit but can easily be partitioned into a 2-bedroom layout, ideal for student accommodation and higher rental returns.
Features
- Kitchen with open-plan lounge area
- Bathroom with toilet, basin, and shower connection
- CCTV surveillance and 24-hour security
- Currently 1 bedroom (convertible to 2 bedrooms)
Location
Walking distance to Wits University in a high-demand student rental area.
Rooms & layout
Features & amenities
Price & ownership
Cost to buy (indicative)
Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.
Upfront split
Rough split: 96.8% purchase price, 3.2% buying costs.
- Asking price R 410 000
- Deeds Office (transfer) R 434
- Conveyancing (est., incl. VAT) R 12 859
- Deeds lodgement R 52
- Total indicative R 423 345
Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.
Table ref: sars_2025-04-01
Bond Calculator
Total paid over 20 years (deposit + repayments): R 970 221
Monthly repayment vs interest rate (deposit fixed at 10%)
Monthly repayment vs deposit percentage (rate fixed at 11.25%)
Indicative estimate only. Loan of R 369 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 410 000