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KLEINBOS Flat / Apartment
for sale / to buy
Good rental return on the investment
KLEINBOS, Western Cape, South Africa
(SOLE MANDATE)
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| Price:
R360,000
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The Villa Arnoldo / Four Seasons development offers convenience - due to its close proximity to the access routes to the Strand. This unit is priced competitively - good rental return on the investment, and its very low maintenance.
This two bedroom unit rental income potential is between R2000 & R2200 per month - leaving you therefore with a 6,6 - 7,3% gross rental yield (before levy).
The whole complex is geared around the concept of minimum maintenance. The apartment's interior is tiled throughout & has pre-paid electricity. The complex is built from facebrick, whilst the area between the 4 buildings comprising Four Seasons, is covered with tarmac for open parking bays. There are also no swimming pools, gardens or lawns to maintain.
This development, whose first phase was called Villa Arnoldo, has done remarkably well in terms of capital growth. I sold (on mandate) the first 36 units in November 2003 for R159 000 (transfer costs included).
The present levy is less than R7 / m² - making it one of the developments with the lowest levy in the Helderberg - with a real prospect of remaining that way!
The unit is allocated with one secure parking bay for its exclusive use.
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Property Facilities |
KLEINBOS property |
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| ◊ Bedrooms: 2◊ Bathrooms: 1 |
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Contact Details |
KLEINBOS property |
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Benhard Wiese
Tel: 084 611 2293
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to e-mail this agent |
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(click images to enlarge)
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