Fantastic investment!

R 1,348,000

Can I afford this?
1 year ago743 views
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General Details
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

Id Subtitle 1203514061
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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 *
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