Exclusive High-Yield Section 13 Packaged Investment Opportunity in Albertsdal

R 2,800,000

Can I afford this?
23 days ago10 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):50
Video
Description
The Estate - This package qualifies you for Section 13 Sex Tax incentives and is INCLUSIVE of transfer and registration costs.

Portfolio Package Benefits:
R2,800,000 Package Cost (5 units)
R33,200 Rental Income P/M
R1,540,000 Section 13 Sex. Tax Rebate
R280,000 P/A = Capital growth 10% P/A
R243,025 Registration cost Savings on Package
R3,383 Monthly Shortfall in Y1 (investors contribution)

Investors Contribution:
Levies on all units are R650 per month
Rates & Taxes on all units are R350 per month
R3,383 Monthly Shortfall in Y1
R25 000 Refundable reservation deposit per unit

Section13Sex. Tax Allowance and benefit from the reimbursement of 55% of your investment portfolio over 20 years by SARS

*Units from 50 - 75 Sqm
*Occupational ready by end Aug 2024

Rates And Taxes: 350
Levies: 650
Property Reference #: 173

Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,

Id Subtitle 1279965520
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 30,344
Total property loan amountR 2,800,000
Total interestR 4,482,512
Total repaymentR 7,282,512
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Empire Wealth Properties
Selling for 1 year
Total Ads18
Active Ads18
Professional Seller
Seller stats
18Total Ads
8.42KTotal Views
Contact Empire Wealth Properties
081*******Show Number
Message
(3969)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.