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18 * Two Bedroom Lucrative UDZ AirBnB investment: BULK opportunity
R 30,576,700
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General Details
Description
Exclusive Mandate. No Transfer Duty
This bulk investment consisting of 18 two bedroom units between 43 and 60sqm. North and South oriented apartments with Harbor and Table Mountain views has an incredible occupation rate on the short term rental market. Price includes VAT and durable AirBnB Furniture and Appliances making this a plug and play investment. High occupancy rate and yield history. Plus, this development falls under the UDZ (Urban Development Zone) incentive that can save you a lucrative amount on Tax over the next 10 years, spiking up your net yield.
9 parking bays compulsory at 2.081.250 rand incl. VAT. The complex has a lovely communal area with TV, lounge, pool and gym and has a hotel styled lobby for easy check-in for the guests. Contact me for actual numbers on short term and insights on the UDZ tax benefits.
Has Pool
Property Reference #: 7002001-48307
Agent Details:
Michiel De Vogeleer
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
This bulk investment consisting of 18 two bedroom units between 43 and 60sqm. North and South oriented apartments with Harbor and Table Mountain views has an incredible occupation rate on the short term rental market. Price includes VAT and durable AirBnB Furniture and Appliances making this a plug and play investment. High occupancy rate and yield history. Plus, this development falls under the UDZ (Urban Development Zone) incentive that can save you a lucrative amount on Tax over the next 10 years, spiking up your net yield.
9 parking bays compulsory at 2.081.250 rand incl. VAT. The complex has a lovely communal area with TV, lounge, pool and gym and has a hotel styled lobby for easy check-in for the guests. Contact me for actual numbers on short term and insights on the UDZ tax benefits.
Has Pool
Property Reference #: 7002001-48307
Agent Details:
Michiel De Vogeleer
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274193686
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Estimated monthly repaymentR 331,362
Total property loan amountR 30,576,700
Total interestR 48,950,146
Total repaymentR 79,526,846
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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3.67MTotal Views
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