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Redwood Estate | Short-Term Letting Investment
R 1,710,000
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19 days ago58 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Other
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):68
Description
ONLY 5 UNITS REMAINING!
Generate an average Monthly Rental of R29 113.
- Gross Rental Yield - 20,43%
- Nett Rental Yield - 16,1%
Redwood Estate Investments offer the investor a fantastic opportunity to capitalize on a short-term letting investment in Stellenbosch.
Units = 2 Bed 2 Bath Duplex.
A Variety of benefits accompany this investment, along with a high rental yield opportunity.
Phase 2 pricing to be implemented soon and expecting a 7-10% increase.
Phase 1 is 65% SOLD OUT!
*An understanding of short-term rental and cash flow management is key to the succes in short term investment as a strategy in the investment portfolio, specifically during high- and lower ends of the tourism seasons.*
- 24 Months Levy Incentive Included (Valued at R35 000)
- Transfer Costs Included
- Qualify for Section 13 Sex. Tax Benefits (Savings from R953 832)
- Generate an average monthly rental from R29 113
- All units fitted with inverter with up to 4 hours power (No more loadshedding)
- Located in Stellenbosch, with direct Access to the R304 / Winelands
- Units are equipped with pre-paid water and electricity / e-wallet system.
Rates And Taxes: 400
Levies: 1400
Property Reference #: 165
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Generate an average Monthly Rental of R29 113.
- Gross Rental Yield - 20,43%
- Nett Rental Yield - 16,1%
Redwood Estate Investments offer the investor a fantastic opportunity to capitalize on a short-term letting investment in Stellenbosch.
Units = 2 Bed 2 Bath Duplex.
A Variety of benefits accompany this investment, along with a high rental yield opportunity.
Phase 2 pricing to be implemented soon and expecting a 7-10% increase.
Phase 1 is 65% SOLD OUT!
*An understanding of short-term rental and cash flow management is key to the succes in short term investment as a strategy in the investment portfolio, specifically during high- and lower ends of the tourism seasons.*
- 24 Months Levy Incentive Included (Valued at R35 000)
- Transfer Costs Included
- Qualify for Section 13 Sex. Tax Benefits (Savings from R953 832)
- Generate an average monthly rental from R29 113
- All units fitted with inverter with up to 4 hours power (No more loadshedding)
- Located in Stellenbosch, with direct Access to the R304 / Winelands
- Units are equipped with pre-paid water and electricity / e-wallet system.
Rates And Taxes: 400
Levies: 1400
Property Reference #: 165
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Id Subtitle 1273355728
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Estimated monthly repaymentR 18,532
Total property loan amountR 1,710,000
Total interestR 2,737,534
Total repaymentR 4,447,534
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 10+ months
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