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Shelley Point Vacant Land
for sale / to buy
Luxury Apartments - Shelley Point Estate
Shelley Point, Western Cape, South Africa
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| Price:
R899,000
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Great Investment Managed rental pool Cashback covers bond payments till Aug 09.
InfoProp takes pleasure in announcing the launch of the Luxury Apartments at Shelley Point. Prospects have the opportunity to invest in the units at entry level. Units are rented back from owners on a single rental pool basis.
Apartments – Luxurious Inside with Unsurpassed Outdoor Living
Attention to detail and exceptional craftsmanship give these apartments international appeal. Apartments will be tastefully decorated with quality furnishings and fittings throughout.
Once purchased the units are placed in a rental pool to be let out on a self-catering basis, managed by a very reputable management company. The developer also undertakes to refund on transfer an amount equal to 12.27% of the purchase price to the purchaser, which will enable the purchaser to cover mortgage payments for approximately one year after transfer. Assuming that the conservative projected occupancy is maintained one should have a positive cash flow on on this investment at all times.
Terms of Purchase:
Deposit : 10% Deposit secures (R10,000 payable at signature; balance over 90 days).
Bonds : 90% Bonds available.
Prices: (Inclusive of all costs and transfer duties.)
Block A:
Studio Apartment : R 978,120.00
Mezzanine Apartment : R 1,067,040.00
Block B:
Studio Apartment : R899,000.
Mezzanine Apartment : R997,000.00
Transfer:
Block A: June 2008
Block B : Jan 2009
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Property Facilities |
Shelley Point property |
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| ◊ Bedrooms: 2◊ Bathrooms: 1 |
| ◊ Family / TV room◊ Security◊ Fireplace◊ Dining room◊ Garden◊ Single garage◊ Braai area |
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Contact Details |
Shelley Point property |
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Leon A. Alberts
Tel: 022 742-1268
Cell: 082 332-3070
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to e-mail this agent |
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(click images to enlarge)
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