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FANTASTIC BUY-TO-LET INVESTMENT IN PARKLANDS, CAPE TOWN
R 830,000
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11 months ago325 views
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General Details
Description
Construction has commenced and with Phase 1 almost sold out! This sub-million development in Parklands is selling out quickly among investors and the time is now to take advantage of Phase 1 prices!
Parklands is an extremely popular area among families due to it being child-friendly, having great schools and being affordable, in comparison to other areas in Cape Town.
Property in Parklands North is also in demand as it offers buyers and tenants plenty brand new homes with high-end finishes.
Parklands is situated just 15 minutes away from Cape Town. The MyCiti bus which travels along the R27 connecting Parklands to the CBD has also made the area much more desirable and attracted many new residents.
To lock in one of these units at the present costs, get in touch to add this investment to your property portfolio.
Units selling from R830 000
Rental Income +- R8 500 per month
Levy R825 per month
Rates & Taxes R350 per month
Transfer cost Inclusive in Purchase Price
Biometric access controlled security complex
Swimming Pool & Communal areas
Rates And Taxes: 350
Levies: 825
Property Reference #: 115
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Parklands is an extremely popular area among families due to it being child-friendly, having great schools and being affordable, in comparison to other areas in Cape Town.
Property in Parklands North is also in demand as it offers buyers and tenants plenty brand new homes with high-end finishes.
Parklands is situated just 15 minutes away from Cape Town. The MyCiti bus which travels along the R27 connecting Parklands to the CBD has also made the area much more desirable and attracted many new residents.
To lock in one of these units at the present costs, get in touch to add this investment to your property portfolio.
Units selling from R830 000
Rental Income +- R8 500 per month
Levy R825 per month
Rates & Taxes R350 per month
Transfer cost Inclusive in Purchase Price
Biometric access controlled security complex
Swimming Pool & Communal areas
Rates And Taxes: 350
Levies: 825
Property Reference #: 115
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Id Subtitle 1214721123
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Estimated monthly repaymentR 8,995
Total property loan amountR 830,000
Total interestR 1,328,745
Total repaymentR 2,158,745
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.
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Empire Wealth Properties
Selling for 11+ months
Total Ads18
Active Ads18
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