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Fantastic investment!
R 1,348,000
Can I afford this?23 Photo(s)
1 year ago743 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):8951
Parking:Street
Description
R 1,348,000 |
Property Details
- 8,951 m2 Erf
- Security Features: Fence, Access Gate
Amazing Investment opportunity!
New Medical Centre in the beautiful Boland
town of Paarl with a variety of Specialist services
available soon!
Looking for that perfect Investment? The huge
return will astonish you!
THIS IS IT........
Phases D and E now selling!
Of 92 units in phase D only 38 new lock-up-and-go
Apartments left. 72 units left in phase E.
Building to be completed by middle of 2024.
Modern fully furnished bachelor's Apartments -
perfect to live in a safe and secure environment.
The Apartment blocks will be equipped with a lift,
24 hour on-site assisted living, Frail Care services,
cleaning, meals & well-known Restaurant later on!
This investment will suite the normal everyday
person, who enjoys a lock-up-and-go lifestyle, OR
the buyer needing medical care. There is NO age
restriction, anyone can buy into this Development.
Most Medical/specialized services will be on site
soon, including a Day-hospital.
Investment opportunity is three-fold:
Invest a minimum amount of R100 000 or more in
the entire new Facility, and expect a projected yield
of at least 15-20% return over 12 months.
OR
Invest in one or more Apartments and expect a
generous monthly rental return of ± R12 500!
OR
Buy a parking bay for R75 000 and rent it out!
The monthly levy will be determined closer to
completion.
All input capital secured already - Don't wait!
Property Reference #: 3963475
Agent details
Barbara Strydom
Western Cape and South Africa
CCH Properties
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Cnr of De Beers & Reese Avenue
Somerset Mall, Somerset West
7130
Western Cape and South Africa
CCH Properties
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Cnr of De Beers & Reese Avenue
Somerset Mall, Somerset West
7130
Id Subtitle 1203514061
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No. of years
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Estimated monthly repaymentR 14,609
Total property loan amountR 1,348,000
Total interestR 2,158,010
Total repaymentR 3,506,010
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
CCH Properties
Selling for 5+ years
Total Ads689
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