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From
R 449 000
to
R 518 000
| Olievenhoutbosch, Centurion
From
R 449 000
to
R 518 000
| New Development in Olievenhoutbosch, Centurion
Olive Gardens
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Olievenhoutbosch
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Mike van Wyk
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Description
Units
Olive Gardens
From
R 449 000
to
R 518 000
Units:
43
Olive Gardens - Secure Residential Estate - Investment opportunity
Olive Gardens is an existing development that is now renovated and put on the market for buyers to own a very affordable unit in a very popular area in Centurion, namely Olievenhoutbosch.
The units are fully fitted with floor tiles, kitchen units, built-in cupboards in the bathroom and a solar geyser.
DEVELOPMENT AMENITIES:
- Parking
- Security estate
- All units have 2 bedrooms - Various floor sizes available
- The prices include all legal fees
Show unit available.
*All transfer fees included*
The development is an excellent investment opportunity-all the units have got existing tenants with good payment records
The return on capital are as follows:
Ground floor
- Rental R4800pm
- Purchase price R519000
- Return 11-07%. Return after levies and Rates 7-9%
1st Floor
- Rental R4800
- Purchase price R499000
- Return 11-5%. Return after levies and rates 8-2%
Investors can continue with the current tenants if they wish. There is a company that handles the rent collection etc. if investors wish to continue with them
Units
39 - 47sqm Units
R 449 000 - R 518 000
2
1
Property Type
Apartment
Floor Size
39 - 47 m²
Contact Sales Team
Mike van Wyk
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Contact Sales Team
Mike van Wyk
View Phone Number
*
Your name is required.
*
Your email address is required.
Please enter a valid email address.
*
Your contact number is required.
I am interested in this development, please contact me.
Register for alerts
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Mike van Wyk Properties
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Centurion
Gauteng
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Estimated Monthly Repayments
R
per month
Loan Term
20 years
Interest Rate
11.50
%