Investment Properties Listed
FOR SALE
Do you want an investment property that actually makes you money?
Here are a few of our properties listed for sale
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Saxenburg Security Townhouse Complex
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Saxenburg is situated in a well populated area in close proximity to OR Tambo, East Rand Mall and EG Jansen High and Concordia Primary Schools.
These units sold off plan in 2006 for between R662,680 and R669,000.
The seller is a VAT vendor, which means that the transfer duty is included in the sale. That is correct, NO TRANSFER DUTY payable if you purchase these units.
These units also have tenants already occupying them so there is no guesswork regarding what the rental should be.
These units are also listed at 33% below the current market price, an equity gain of more than R230 000 for each of these units.
If you considder the income ratio's for these units currently, you can only agree that these are fantastic value for money for any investor.
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Property Type
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: Sectional Title
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Total No of Units
in the scheme
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: 156
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Type
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: Residential
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Tenants Already Occupying
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: Yes
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No of Units Available
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: 8
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24 Hour Security
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: Yes
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Address
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: Sabie rd
: Bardene
: Boksburg
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Quick Evalution Figures
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Property Value
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: R 700,000
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Unit Size
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: 73m²
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Floor
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: Ground
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Purchase Price
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: R 469,000
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Rent
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: R 4,000
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Bedrooms
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: 2
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Equity
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: R 231,000
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Rent / m²
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: R 51m²
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Bathrooms
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: 1
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Please click on the following link for a more complete evaluation of this property
Saxenburg Ground Floor Unit Initial Property Evaluation
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We expect that if you apply for a mortgage for these properties, the banks should ask for a minimum 10% deposit. This deposit amount has already been calculated in the initial projection.
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Normally, most properties purchased in this complex will only reach a cash flow breakeven point after 12 or 14 years, with a total shortfall contribution from the investor of nearly R290,000 if no deposit was payable.
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These units listed here should achive a break even point on cash flow within 6 years, with an expected shortfall contribution of only R45,000 over the six years if no deposit was payable.
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The estimated available equity after six years is more than R1,000,000 for these units.
What does this mean?
It is expected that you invest R45,000 over six years (if the deposit is not taken into account) to get R1,000,000 in equity.
It is expected that you invest R102,000 over six years (if a 10% deposit is taken into account) to get R1,000,000 in equity.
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We encourage you to do your own evaluation using the spreadsheet made available with a copy of our book today.
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Please contact us if you are interested in purchasing any of these units
The Next Step
Obviously our investments are tailor made for our clients therefore we encourage you to please contact us in order for one of our consultants to set an appointment where we can sit and discuss your investment needs.
If you wish to speak to somebody regarding these investment opportunities, please contact us directly on 0861 000 584 or send us an email
Our friendly staff will be more than happy to assist you