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R 1 550 000 (84 931 EUR*)

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6
3
2

Central Location

6 Bedrooms
3 Bathroom
3 Living Areas
Kitchen Renovated
Outbuildings
This House Needs some TLC

A unique investment, Marhaba offers 4 x 2bedroom units,
there are 100 shares available for sale at
R23 700 per share.

SPECIFICATIONS:
Sought after location 3 x 2 bedroom flat and 1 x 1 bedroom
flat, land size 750m2, build area 400m2
Construction period 4 months, Modern internal finishes
Prepaid electricity, Prepaid water meters
5% year on year capital gain

  • TOTAL PROPERTY COST: R2 370 000
  • Legal Cost: R28 500 • Transfer Cost: R16 500 • Renovation Cost: R925 000
  • Available Shares: 100
  • Price per Share: R23 700 • Return per Share: R2 174 • ROI: 9,1772%

  • RENTAL INCOME: x4 UNITS
  • GROSS RENTAL INCOME: R 270 000.00

  • ANNUAL EXPENSES
  • Rates and Taxes: R12 000.00
  • Insurance: R4 500.00
  • Levy: R0.00
  • Other Expenses: Management: R12 000.00
  • Maintenance: R12 000.00
  • Cleaning: R12 000.00

  • NET ANNUAL INCOME: R 217 500.00


Message Agents

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+27 (0)60 777 7789
+27 (0)12 751 5836
 whatsapp agent

  mo@beprop.co.za mo@beprop.co.za
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+27 (0)82 654 3950
+27 (0)12 751 5836
 whatsapp agent

  saleem@beprop.co.za saleem@beprop.co.za
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+27 (0)82 344 7168
+27 (0)12 751 5836
 whatsapp agent

  sales@beprop.co.za sales@beprop.co.za
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