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R3,800,000

9N Franklins Row, 16 Melville Road

Monthly Bond Repayment R40,524.33
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R6,550
Monthly Rates
R2,700.0

When only the best will do. Iconic complex. Great investment, tenant in place!

Serious seller, inviting offers from R3,800,000! Classical clean lines, ambience and elegance abound in this magnificent 155sqm north facing top floor simplex apartment. One of a kind complex, built like no other using quality materials to create an exceptional piece of architecture renowned for its Georgian design, generous accommodation, wide passageways and superb style. Only 2 units per floor. Privacy & security second to none, perfectly located between the business hubs of Sandton, Melrose Arch, Rosebank and Hyde Park, a 2 minute drive to the M1. An excellent investment with tenant in place or ideal lock up and go. A loadshedding solution is underway and will be implemented in due course.

Light & bright open plan living & dining areas with exposed trusses, skylights and a wood burning fireplace. Modern Open plan kitchen with granite tops, fitted blinds & space for at least 2 appliances. The open plan living areas lead out to a north facing balcony with views. 2 north facing bedrooms, 2 full bathrooms (main en suite), plus a study or 3rd north facing bed, + separate guest cloakroom. Wooden flooring throughout, gorgeous fireplace in the lounge, & sash windows throughout.

Superb location close to all amenities; Gautrain, Sandton, Hyde Park Corner, Melrose Arch & Fricker Road Business District. Exceptionally well run complex with healthy financials & excellent 24hr manned security. 2 Basement parking bays + visitors parking in the complex. Book your private viewing today!

Features

2
2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Security
Yes
Sizes
Floor Size
155m²

Illovo, Sandton

Sandton property: A profile of Sandton property from a prospective buyer’s perspective, with information on attractions and where to buy in Sandton. Sandton Property Sandton’s unrivalled status as the premier business hub of South Africa has created one of the most sought-after destinations in the country. Comprising the vibrant and high energy central business district, along with a seemingly...
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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

40,524.33

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