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Investor Looking For High Yielding Cash-flow
R 1,790,000
Can I afford this?25 Photo(s)
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General Details
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Description
FULLY TENANTED! (8 newly renovated units and 9 parking bays) - Hi Hungry Investor Looking For High Yielding Cash-flow Positive Investments (Studio, Bachelor, and Loft Apartments)
We have 8 newly renovated units and 9 parking bays in this iconic building in the heart of Maboneng. Famous for its one-of-a-kind architecture and industrial feel, Rocket Factory has always been a favourite for owners and tenants alike.
The units also have the option to come fully managed so you can sit back and enjoy watching your investment grow.
Purchase the entire bundle at a massive, below-market discount at R1 790 000 or buy individual units at prices starting from R325 000
Commercial Terms
- 10% Deposit required
- DD and Finance in 30 Days
- No transfer duties
Property Reference #: MPC73
Agent Details:
Neville Hewett
Mafadi Property Services
3 Anerley Rd
Parktown
Johannesburg
2132
We have 8 newly renovated units and 9 parking bays in this iconic building in the heart of Maboneng. Famous for its one-of-a-kind architecture and industrial feel, Rocket Factory has always been a favourite for owners and tenants alike.
The units also have the option to come fully managed so you can sit back and enjoy watching your investment grow.
Purchase the entire bundle at a massive, below-market discount at R1 790 000 or buy individual units at prices starting from R325 000
Commercial Terms
- 10% Deposit required
- DD and Finance in 30 Days
- No transfer duties
Property Reference #: MPC73
Agent Details:
Neville Hewett
Mafadi Property Services
3 Anerley Rd
Parktown
Johannesburg
2132
Id Subtitle 1265697899
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Estimated monthly repaymentR 19,399
Total property loan amountR 1,790,000
Total interestR 2,865,606
Total repaymentR 4,655,606
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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Mafadi Property Services
Selling for 11+ months
Total Ads198
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