Investment Opportunity With Tenant

R 1,099,000

Can I afford this?
2 years ago4974 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):48
Parking:Covered
Description
This Assisted living Unit is situated in The modern Buhrein Retirement Village. Ideal investment opportunity. The unit is currently rented out. Residents can relax and enjoy a heated swimming pool, bowls lawn, gymnasium, salon, hobby room or a scrumptious meal in one of the 2 restaurants situated in the Lifestyle Centre. The herb and vegetable gardens will provide for hours of outdoor pleasure, social interaction and relaxation. Within Buh-Rein Estate, furthermore you will find ample walking trails and a family restaurant. A future Checkers Centre will soon add even more convenience to the lifestyles of residents.

Levies Include the following:
-Access to primary healthcare clinic services once a week by a registered / staff nurse at the Care Centre.
-5 days per year (per unit) recuperative care at the Care Centre at no additional charge (T’s & C’s).
-24-Hour Call4Care monitoring and emergency alert services.
-15% discount on permanent accommodation in the Care Centre.
-Prioritized access for permanent residents to reside in the Care Centre, subject to availability.
-2.5 kg of personal laundry, twice per week
-5 kg of linen laundry, once per week
-1 hour of domestic service, once per week
-16 main meals per month at the restaurants within the Clubhouse (pre-booking system).

Current Rental amount: R9850.00 -new rental increase 7% for Nov (R10 539.50)
Lease expires end of October -tenant wishes to stay on
Rates & Taxes R358.83



Has Garden
Security Features: Access Gate
Property Reference #: 3665060

Agent Details:
Anneleen Benade
Durbanville
Shop 24A, Palm Grove Centre,
Main Street,
Durbanville,
7551
Cape Town

Id Subtitle 980240242
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Estimated monthly repaymentR 11,910
Total property loan amountR 1,099,000
Total interestR 1,759,386
Total repaymentR 2,858,386
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