Pretoria Urban Apartments at only R430 000



Apartments selling

For only R430 000

Urban Apartments – Pretoria
  • 1 Bedroom and 2 bedroom units
  • Est. rental from R3 800 pm
  • High rental demand
  • Very low monthly shortfall
  • Easy access to Pretoria CBD (on bus route)
  • Close to Wonderbook Junction shopping centre
  • Easy access to N1 highway
  • 24-hour security with gate access control
This development is specifically aimed at the
Seasoned Property Investor
INVESTMENT SUMMARY


2 bed, 1bath, Carport, 65m²
1 bed, 1bath, Carport 52,5m²
PRICE
R 490 000 (R510 000 – R20 000 deposit)
R 410 000 (R430 000 – R20 000 deposit)
BOND REPAYMENT @ prime 8.5%
R 4 230
R 3 540
LEVIES
R 575
R 475
RATES & TAXES
R 188
R 156
RENTAL INCOME
R 4700
R 3800
SHORTFALL
R 293
R 371
ROI
11%
10,6%




BENEFITS:
  • Huge Rental Demand
  • Occupation December 2013
  • 100% Bonds available to qualifying purchasers.
  • Located in Pretoria North.
  • Close to Colonnade Shopping Centre/Wonderboom Junction
  • Easy Access
  • State of the art security.
  • 24hrs access control.
  • Quality Finishes
  • Excellent Workmanship
  • Quiet setting close to Apies River
  • Low Monthly Shortfall
  • R20 000 deposit Secures