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R1,650,000

Monthly Bond Repayment R17,312.72
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Auction

For Sale: Luxurious 1-Bedroom Apartment at The Capital on The Park

Experience upscale urban living in the heart of Sandton with this exquisite 1-bedroom, 1-bathroom apartment located within The Capital on The Park. This modern unit offers a harmonious blend of comfort and sophistication, making it an ideal choice for discerning homeowners or astute investors.

Property Features:
• Bedroom: Spacious layout with a king-sized bed and ample built-in wardrobes.
• Bathroom: Contemporary en-suite bathroom featuring a spacious shower.
• Living Area: Open-plan design seamlessly connecting the living and dining spaces, leading to a private balcony with stunning city views.
• Kitchen: Fully equipped with high-quality appliances, perfect for both short and long stays.
• Additional Amenities: Air conditioning, work desk, international plug points, block-out curtains, luxury guest amenities, and bathrobes.

Exclusive Amenities at The Capital on The Park:
• Dining: On-site restaurant offering breakfast from 06:30 to 10:30, an all-day menu from 11:00 to 22:00, and 24-hour in-room dining services.
• Fitness & Wellness: State-of-the-art fitness center, spa facilities, and a jacuzzi for relaxation.
• Recreation: Outdoor swimming pool, entertainment lounge, and a speakeasy bar.
• Business Facilities: Conference rooms and business center equipped with high-speed uncapped Wi-Fi.
• Services: Complimentary laundry service in apartments, secure parking, and 24-hour security.

Situated at 101 Katherine Street, Sandton, The Capital on The Park provides easy access to premier shopping destinations like Sandton City Mall and Nelson Mandela Square, as well as the Gautrain Sandton Station, all within walking distance.

Investment Opportunity:

Priced at R1,600,000, this apartment presents a compelling investment prospect. With a potential monthly rental income of R15,000, the annual rental income amounts to R180,000. This results in a gross rental yield of approximately 11.25%, calculated as follows:

This figure represents the gross return before accounting for expenses such as property management fees, maintenance costs, taxes, and other operational expenditures. For a more precise assessment of the net return on investment (ROI), it’s advisable to consult with a financial advisor or property investment specialist.

Don’t miss the opportunity to own a piece of luxury in one of Sandton’s most sought-after locations. Contact us today to arrange a viewing or for more information.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
44m²
Land Size
5,971m²
 
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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

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Monthly Payment

17,312.72

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