This amazing Buy to Let investment in Bel Aire, 500m from the Mall of Africa is available at a price of R 7951 per square meter versus R 18 000 per square meter [the average price of new developments in the area range from R18 000 to R40 000]
That’s more than 56% discount on the rate for new townhouses in Vorna Valley. Across Allandale road in the Mall of Africa precinct, new apartments, on 99 year leases are going for R40 000 per square meter!
This 2 bedroom, 2 bathroom, lockup garage, set in a fantastic location offers excellent value for money and massive future growth.
Pools, Braai area, Kiddies play area, ample parking and excellent security make this an idea buy to let opportunity.
SPECIAL NOTE The previous Body Corporate was corrupt and a rescue plan in well underway by the current trustees resulting an additional special levy of R875 per month for the next 2 years while a large loan is being paid off. Snap up this opportunity before the levies normalise and distressed sellers evaporate.
Price: R 7951 per sqm i.e R 660 000
Location: Langeveld Rd, Vorna Valley
Description: 2 bedroom, 2 bathroom, 1 lockup garage
Market Rental: R 7000
Size : 83 sqm
Levies: R 2015
Special Levy R875 (BC loan repayment)
Rates : R 242
Snap this deal up WhatsApp Neil on 082 44 44 034
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