07 May 2006

The Edge: Rent Vs. Buy

The Edge is a new development right at the top of the CBD in Buitensingel Street. It has just been completed and of the 34 units and according to it's pricelist (dated Dec 2005 so it might be a bit off), 11 are on the block for resale. If you want to buy a 2 bedroom/2 bathroom unit it will cost you at least R1 300 000 (the listed price for a 2bed/1 bath unit). With a 20% deposit that's R10 383 a month plus R1151 in levies. Or you can rent it for R5 800 a month.

1 comment:

Anonymous said...

Hi

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