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Cape Town Flat / Apartment
for sale / to buy
EXCEPTIONAL CAPITAL GROWTH OPPORUNITY
Cape Town, Western Cape, South Africa
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| Price:
R1,468,000
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BENEFITS OFFERED TO INVESTORS
1 An excellent location in the heart of Claremont. It is next to Table Mountain and five minutes walk from the Newlands Rugby and Cricket fields. The centre of Cape Town is only 15 minutes away. The best schools in Cape Town are situated in the surrounding area
2 Excellent capital growth rates over the next five years will be achieved on property close to the sporting facilities in Newlands. Due to the Soccer World Cup in a few years time, the whole area around the sporting facilities will be upgraded
3 Purchase prices are between R1,468,000 and R 1,690,000. These prices are the current market prices of property being sold for similar apartments in the area. The main difference is that the registration date of the offer to our investors is only in 14 months time. Free capital growth will therefore be achieved over this period on the full purchase price
4 A deposit of only 5% is required
5 Transfer/registration date will only take place in 14 months time
6 A guaranteed rental income of R8000 pm will be paid to investors for one year after the date of transfer/registration. In addition the investor will be allowed to rent out their apartment for at least at R5500 pm. A total rental income of R 13500 pm will therefore be received
7 No transfer or conveyance costs are payable
8 A conservative capital growth rate of 12% will achieve a profit of R500,000 on a purchase price of R 1,468,000 in three years time.
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Property Facilities |
Cape Town property |
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| ◊ Bedrooms: 2◊ Bathrooms: 2 |
| ◊ Family / TV room◊ Laundry◊ Security◊ Swimming pool◊ Kitchen◊ Double garage◊ Braai area◊ Automatic gates |
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Contact Details |
Cape Town property |
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Piet Winterbach
Tel: 021-9451702
Cell: 0828773452
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to e-mail this agent |
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