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R17,500,000 | 1 Bedroom Apartment Block For Sale in Braamfontein

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R17,500,000

Monthly Bond Repayment R186,625.18
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R405

50 Unit block of flats FOR SALE with a Penthouse with stunning views at night

Apartment block FOR SALE in the heart of Braamfontein Johannesburg. The block consists of 50 units with Bedrooms, Bathrooms and Kitchens. The Penthouse can either be converted back into 4 bachelor flats or renovated as a large penthouse with a vast view of the the Joburg skyline. This block is also ideal for student accommodation with the option of a rooftop entertainment/social area. There are also two shops downstairs which add value. The monthly income generated by the property is i R225000 per month . One has easy freeway access and Wits University is within close proximity.

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Features

1
1
Pets Allowed
No
Interior
Bedrooms
1
Bathrooms
1
Kitchen
1
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Floor Size
38m²
Land Size
10,116m²

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Disclaimer:  While every effort will be made to ensure that the information contained within the Jack Russell Estates website is accurate and up to date, Jack Russell Estates 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.