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SELLING APARTMENTS TO INVESTORS BELOW SELLING PRICE!!!
R 1,198,000
Can I afford this?
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17 days ago20 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):7235
Description
The brand new Grandeur Estate sounds like an enticing opportunity, especially for investors seeking a good rental return. Its location near the Bottelary Road wine route and close proximity to the N1 and R300 highways offer convenience and accessibility, making it an attractive option for tenants and potential buyers alike.
The inclusion of 24-hour manned security adds to the appeal, providing peace of mind for residents and potentially enhancing rental demand. With rental agreements already in place, investors can benefit from immediate income streams without the hassle of securing tenants themselves.
Offering 2-bedroom units with full bathrooms caters to a wide range of renters, from small families to young professionals or couples. Plus, the availability of eight units across different floors and configurations allows for choice and flexibility.
The fact that costs are inclusive of transfer duty and selling at an unbelievable price adds even more value to the proposition. Additionally, having two parks within the complex enhances the quality of life for residents, providing recreational space and greenery.
Overall, the Grandeur Estate presents a compelling investment opportunity with its desirable location, amenities, rental agreements, and competitive pricing. It's definitely worth considering for investors looking to capitalize on the growing demand for rental properties in the area.
Property Reference #: 1249719
Agent Details:
Jacques Le Sueur
Rawson Properties Brackenfell / Kraaifontein
63, Protea Road, Brackenfell, Protea Heights, Western Cape
The inclusion of 24-hour manned security adds to the appeal, providing peace of mind for residents and potentially enhancing rental demand. With rental agreements already in place, investors can benefit from immediate income streams without the hassle of securing tenants themselves.
Offering 2-bedroom units with full bathrooms caters to a wide range of renters, from small families to young professionals or couples. Plus, the availability of eight units across different floors and configurations allows for choice and flexibility.
The fact that costs are inclusive of transfer duty and selling at an unbelievable price adds even more value to the proposition. Additionally, having two parks within the complex enhances the quality of life for residents, providing recreational space and greenery.
Overall, the Grandeur Estate presents a compelling investment opportunity with its desirable location, amenities, rental agreements, and competitive pricing. It's definitely worth considering for investors looking to capitalize on the growing demand for rental properties in the area.
Property Reference #: 1249719
Agent Details:
Jacques Le Sueur
Rawson Properties Brackenfell / Kraaifontein
63, Protea Road, Brackenfell, Protea Heights, Western Cape
Id Subtitle 1276116032
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Estimated monthly repaymentR 12,983
Total property loan amountR 1,198,000
Total interestR 1,917,875
Total repaymentR 3,115,875
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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Rawson Properties Brackenfell / Kraaifontein
Selling for 3+ years
Total Ads144
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