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# Photos $ 3D Tour % Map

R 10 890 000 Bond Costs &

35 Bedroom Apartment / Flat for Sale in Hatfield

1135 Francis Baard, Hatfield

35 15 15 808 m²

This Property Portfolio Is The Perfect Investment

A property portfolio is for sale at The Wall, a popular building

in Hatfield. This portfolio generates an annual revenue of
R1.5 million a year and the current occupancy rate is 95%
with the 5% being caused by leases that terminate during the
year and the delay in tenant move-ins. The Wall is a very well
run complex, with tight security, two elevators, a laundromat
and ample parking space.

A walking distance to the University of Pretoria, the Hatfield

Gautrain station and shopping centres. This portfolio consists
of 15 units in total, 7 two bedroom units which rent out for +/-
R7 000, a bachelor apartment renting out for R4 700 and
three bedroom units renting out for approximately R10 500.
Even on a 100% commercial bond over 10 years the
repayment amount is as little as R1.2 million per month (with
a 20% cash deposit that would mean positive cash flows from
day 1). It just makes perfect sense.

Read Less

Bedrooms: 35 No Pets Allowed

Bathrooms: 15 Furnished

Parking: 15 Satellite Internet

Property Overview

Listing Number 111207397

Type of Property Apartment / Flat

Street Address 1135 Francis Baard,

Hatfield

Lifestyle Complex, Suburban,

University/College
Community, Student
Accommodation, Shared
Living

Listing Date 01 May 2022

Erf Size 4 000 m²

Floor Size 808 m²

Price per m² R 13 478

Levies R 21 300

Special Levy R0

Rates and Taxes R 8 313

Age 15

Pets Allowed No

Furnished Yes

Rooms

External Features

Building

Other Features

Points of Interest

3D Tour

Req 02744

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Video

R 02744 1

Bond Costs

Monthly Repayment: R 92 789

Total Once-o# Costs: R 1 212 411

Min Gross Monthly Income: R 309 299

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*Disclaimer: Please note that by default this calculator uses the prime interest rate
for bond payment calculations. This is purely for convenience and not an indication
of the interest rate that might be o#ered to you by a bank. This calculator is intended
to provide estimates based on the indicated amounts, rates and fees. Whilst we make
every e#ort to ensure the accuracy of these calculations, we cannot be held liable for
inaccuracies. Property24 does not accept liability for any damages arising from the
use of this calculator.

Dreamville Properties

Precious Nkabinde

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