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R490,000

Monthly Bond Repayment R4,974.62
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Levy
R1,970

Utility, Position, and Value

A Well-Located Corner Flat in Gresswold

Offers from R 450 000.

In an increasingly congested Johannesburg, proximity often outpaces indulgence in the hierarchy of urban desirability. This northeast-facing, first-floor corner apartment in Gresswold offers precisely that: considered practicality within reach of Johannesburg’s key commercial, educational, and retail nodes.

The unit comprises three bedrooms, a lounge and dining area, and a modest balcony framed by mature treetops. Parquet flooring underfoot and a mix of tiling suggest durable, mid-century sensibility rather than fleeting fashion. The kitchen accommodates common appliances, while the bathroom layout divides function across two rooms — one with a bath, basin, and shower; the other, a standalone WC. Electricity is prepaid.

Though the building lacks internal parking, street parking is guarded 24/7 and additional arrangements may be made with neighbouring properties. Refuse disposal is managed centrally; two shared laundries serve the residents. The apartment is not pet-friendly.

What it lacks in embellishment, the property compensates for in location: it sits just minutes from arterial routes to Sandton and the CBD, directly along the Rea Vaya transport network, and within easy distance of Balfour Park, Melrose Arch, BluBird, and Rosebank’s Gautrain station. Grocery stores, pharmacies, parks, schools, and places of worship are all within walking distance — making this not simply a dwelling, but a logistical asset in an urban sprawl.

Additional Features
- Burglar Bars
- Automated Entry Gate
- Security Gate/s
- 24hr Security
- Covered Patio
- Parquet Floors
- Tiled Floors
- Lounge Leads to Patio
- 2x Communal Laundry Rooms
- Corner Unit
- 4 Plate Electric Hob and Oven
- Space for Appliances
- Pre-Paid Electricity

Viewings available by appointment.

Features

3
1
Interior
Bedrooms
3
Bathrooms
1
Reception Rooms
2
Exterior
Security
Yes
Extras
Burglar Bars,  • Automated Entry gate,  • Security Gate/s,  • Covered Patio,  • Parquet Floors,  • Tiled Floors,  • 2x Communal Laundry Rooms,  • Corner Unit,  • 4 Plate Electric Hob and Oven,  • Space for Appliances,  • Pre-Paid Electricity

Gresswold, Johannesburg

Johannesburg, also known as Jozi, Joburg and Egoli, is the largest city in South Africa. It is also based in Gauteng, which is the wealthiest province in South Africa. Johannesburg began as a 19th-century gold-mining settlement. Its sprawling Soweto township was once home to Nelson Mandela and Desmond Tutu. Mandela’s former residence is now the Mandela House museum.
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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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

4,974.62

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