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R45,000,000 | 2 Bedroom Apartment Block For Sale in Chrisville

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R45,000,000

0 Chrisville, 0 Contact Agent forAddress, Chrisville, Johannesburg

Monthly Bond Repayment R487,668.17
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Investment Opportunity: 66 Brand New Developed Units for Sale

Total Sale Price: R45 million

Rental Income: R6,750 per unit per month

Total Monthly Rental Income: R445,500 (66 units x R6,750)

Annual Rental Income: R5,346,000

Financing Details:

• Bond Term: 20 years

• Interest Rate: 10%

Return on Investment (ROI):

1. Monthly Bond Repayment Calculation approximately R434,259.00

2. Net Monthly Income: R11,241 per month that’s R134,892.00 From the Get-go the rental is in a profit and the profit will grow approximately 5% to 8% per annum that would be a growth to R145,680 in the following year.

3. Ryx fee would be a tax right off.

4. Interest would be a tax right off.

5. Maintenance would be a tax right off.

Key Selling Points:

• High Rental Demand: The units are priced competitively with a strong rental yield.

• Capital Appreciation: Over 20 years, the property value is expected to appreciate drastically. As well as rental income due to shortages of residential units in the area

• Tax Benefits: Interest payments on the bond may be tax-deductible, improving net returns.

• Inflation Hedge: Property investments typically provide a hedge against inflation.

Features

2
2
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
2
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
No
1
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