2 bedroom Apartments in Residential Estate in Albertsdal, Alberton

R 520,000

Can I afford this?
11 days ago20 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):50
Description
The Investors Dream!

ALL COSTS INCLUSIVE!
+
QUALIFIES FOR SECTION 13SEX. TAX ALLOWANCE!

Located in Albertsdal, The Estate offers investors a fantastic opportunity to capitalize on a variety of units that qualify for Section 13Sex. Tax Allowance.

* 2 Bed 1 Bath Units:
- Selling from R520 000 - R540 000
- Rental Income +-R6 500 p/month
- Unit Size 50 sqm
- Gross Rental Yield 14,44%
- Nett Rental Yield 10,78%

*Levies on all units are R650 per month
*Rates & Taxes on all units are R350 per month

Reservation deposit of R25 000 to secure.

A Secure Lifestyle Village that Offers 24-Hr Security Access, Lots of Green Belts, Child-Friendly Playgrounds, and Plenty More with Emphasis on Family Living within a Community and Secure Surroundings.


2 Bed 1 Bath Units

Purchase 5 or more units to qualify for Section13Sex. Tax Allowance and benefit from the reimbursement of 55% of your investment portfolio over 20 years by SARS.


Up to R434 500 Section 13Sex. Tax Savings per unit.


Up to R52 365 Savings with all Transfer and bond costs included per unit.


Occupational Ready by End August 2024

Rates And Taxes: 350
Levies: 650
Property Reference #: 170

Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,

Id Subtitle 1277460442
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Estimated monthly repaymentR 5,636
Total property loan amountR 520,000
Total interestR 832,467
Total repaymentR 1,352,467
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Empire Wealth Properties
Selling for 11+ months
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