đź’ Imagine Owning a Johannesburg Apartment While Earning Just R3,501 a Month!
It may sound impossible—but thanks to First Home Finance, that dream could soon become your reality. In this blog post, we break down how you can afford your first apartment in Grand Central, Johannesburg, even if you're earning an entry-level salary.
🏡 The Property: Affordable Living in the Heart of Johannesburg
Located in the buzzing suburb of Grand Central, this ground-floor 1-bedroom apartment is ideal for:
Students
Single professionals
Young couples
The home features:
1 bedroom, 1 bathroom
Open-plan lounge, kitchen, and dining area
A communal rooftop braai area with breathtaking city views
At a property price of just R200,000, this apartment is not only well-located but also incredibly affordable—especially when paired with the right financial support.
đź’° How First Home Finance Makes This Possible
First Home Finance is a government-backed subsidy designed to help first-time buyers earning between R3,501 and R22,000/month.
Here’s how the numbers look:
DetailAmountProperty PriceR200,000Maximum Subsidy AvailableR169,264Bond Needed~R30,000Estimated Monthly RepaymentR350 – R400
This means that with minimal financing, you could become a homeowner for less than what you're paying in rent.
🧠How The Property Guys Help You
At The Property Guys, we simplify the process so you don’t have to figure it out alone.
We help you:
âś… Get bond pre-approval
âś… Apply for First Home Finance
âś… Handle the paperwork
âś… Move in stress-free
Whether you're just starting your career or looking for your first investment, we’re here to walk the journey with you.
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