BlackBrick Property · Sandton
BlackBrick Sandton
Hotel-style co-living with a managed rental pool and hands-off income.
- Price from
- R 1 450 000
- Gross yield
- 9.8% gross / 7.6% net
- Projected ROI
- 12.8% p.a. blended
- Completion
- Q2 2027 (Phase 3)
Overview
Co-living Investment Apartments in 16 Fredman Drive, Sandton
BlackBrick pioneered institutional-grade co-living in South Africa. Apartments are sold fully furnished into a professionally managed rental pool, with a members' club, restaurant, gym and co-working floors that keep occupancy consistently above 90%. It is the most passive residential income product in Sandton.
- Fully furnished and delivered into a managed rental pool
- Members' club, restaurant, gym and co-working included
- Occupancy consistently above 90% across existing phases
- Zero landlord administration — single monthly distribution
- Walking distance to Sandton Gautrain Station
Unit schedule
Prices, sizes and returns
| Unit type | Size | Price | Deposit | Monthly bond | Term | Est. rental | ROI |
|---|---|---|---|---|---|---|---|
| Studio | 26 – 32 m² | R 1 450 000 | R 145 000 | R 13 700 | 240 months (20-year bond) | R 12 000 pm | 9.9% gross |
| 1 Bedroom | 40 – 50 m² | R 1 995 000 | R 200 000 | R 18 800 | 240 months (20-year bond) | R 16 500 pm | 9.9% gross |
| 2 Bedroom | 70 – 86 m² | R 3 350 000 | R 335 000 | R 31 600 | 240 months (20-year bond) | R 26 500 pm | 9.5% gross |
| 3 Bedroom | 112 – 134 m² | R 5 150 000 | R 515 000 | R 48 600 | 240 months (20-year bond) | R 39 500 pm | 9.2% gross |
Bond repayments modelled at the current South African prime rate of 11.25% over 20 years. Figures are indicative and subject to bank approval.
Payment plan
Staged developer instalment plan
15% deposit split over the first three months
25% in equal quarterly instalments linked to construction milestones (slab, topping-out, facade)
60% on transfer, bond registration and occupation
Up to 100% bonds available for South African residents; 50% LTV for non-resident buyers
Instalments are interest-free and held in a Section 78(2A) attorney trust account.
Investment analysis
Model your return
- Gross rental yield
- 9.93%
- Net rental yield
- 7.75%
- Net annual income
- R 112 320
- Cash invested
- R 145 000
- Value in 5 years
- R 1 940 427
- 5-yr return on equity
- 726%
Assumes 22% of gross rental absorbed by levies, rates, management and vacancy. Illustrative only — not financial advice.
Gallery
Renders, interiors and site progress
Programme
Construction timeline
- Completed
Land acquisition & rights approved
Complete
- Completed
Bulk earthworks & piling
Complete
- Completed
Basement & podium structure
Complete
- Programmed
Superstructure & topping out
Scheduled
- Programmed
Facade, glazing & fit-out
Scheduled
- Q2 2027 (Phase 3)
Practical completion & transfer
Scheduled
Amenities & location
What surrounds the building
Amenities
- 24/7 manned security & biometric access
- Backup power and water infrastructure
- Rooftop infinity pool & sun deck
- Fully equipped fitness studio
- Co-working lounge and boardroom
- Concierge and parcel management
- Fibre-ready throughout
- Secure basement parking
- Landscaped podium gardens
- Pet-friendly policy
Schools
- Redhill School (5 km)
- St Stithians College (7 km)
- Crawford Sandton (2 km)
Healthcare
- Sandton Mediclinic (1.5 km)
- Morningside Mediclinic (3 km)
- Netcare Sunninghill (8 km)
Retail
- Sandton City & Nelson Mandela Square (1 km)
- Benmore Gardens (2 km)
- Hyde Park Corner (4 km)
Transport
- Sandton Gautrain Station (800 m)
- M1 on-ramp (1.5 km)
- OR Tambo (25 min via Gautrain)
FAQs
Common questions
Can foreign nationals buy at BlackBrick Sandton?
Yes. Non-residents may purchase South African property in their own name. Funds must be introduced through an authorised dealer bank and recorded as foreign capital so proceeds can be repatriated on resale. Non-residents typically qualify for a 50% loan-to-value local bond.
What is payable in addition to the purchase price?
New off-plan developments carry no transfer duty — VAT is included in the listed price. Buyers pay bond registration costs where a bond is raised, plus a first levy contribution and municipal deposit on occupation.
When is occupation expected?
Practical completion and first occupation are programmed for Q2 2027 (Phase 3), subject to the standard construction contract provisions.
Is my deposit protected?
All deposits are held in a Section 78(2A) interest-bearing attorney trust account in the purchaser's favour until transfer, and the development is registered with the NHBRC.
Do you assist with letting after transfer?
Yes. PrimeStone Rentals offers a full letting and management mandate covering tenant placement, compliance and monthly reporting at 8% of gross rental.