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lulu_dev2

From

R399 000

All Costs Incl.

KEY FEATURES

  • Excellent Rental Income with 3 year Tenant
  • Management Company ensure a Hassle Free Investment
  • All Costs Inclusive
  • Ground Floor Apartments have large Enclosed Gardens
  • Kitchen Fitted with Oven, Hob & Granite Tops
  • Covered Parking
  • Communal Barbecue Area with Swimming Pool
  • Easy Access to All Major Roads
  • Remote Controlled Gate with Electric Fencing
  THE DEAL:
  CASH FLOW SUMMARY: R399 000
1 BEDR
R529 000
2 BEDR
R699 000
3 BEDR
  Bond over 25 years at prime minus 1% R3 181 R4 216 R5 572
  Rental Income R3 000 R3 800 R4 800
  Rates & Taxes R   140 R   177 R   247
  Levies R   432 R   433 R   966
  Shortfall R   753 R1 026 R1 985
This hassle free transaction is specifically aimed at the Property Investor.
Rental Escalations @ 5% per year.
 
 
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