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Located in the prestigious suburb of Pretoria East you will find one of Central Development’s gem developments called Boardwalk Heights. This development offers exceptional value for money to investors and residents with an unsurpassed locality close to Atterbury Road, Solomon Mahlangu Drive, the N4 and N1 highways, as well as being just 200 m from a new signature Planet Fitness gym.
| Unit Type | Size m² | Purchase Price | Projected Gross Rental Income | Gross Rental Return (excl capital growth) | Monthly Levies @ R16p/m2 | Estimated Rates and Taxes | Net Rental Income | Net Rental Return (excl capital growth) | Projected Capital Growth (at 5% p.a.) | Total Return On Investment (capital growth + net rental income p.a.) | ||
| 2 Bed 1 Bath + Juliet Balcony (2nd Floor) | 50 | R675 000 | R6 250 | 11.1% | R800 | R400 | R5 050 | 9.0% | R708 750 | 5% | R94 350 | 14.0% |
| 2 Bed 1 Bath + Covered Balcony (1st Floor) | 56 | R725 000 | R6 500 | 10.8% | R900 | R400 | R5 200 | 8.6% | R761 250 | 5% | R98 650 | 13.6% |
| 2 Bed 1 Bath + Covered Patio (1st Floor) | 56 | R775 000 | R6 750 | 10.5% | R900 | R400 | R5 450 | 8.4% | R813 750 | 5% | R104 150 | 13.4% |
- Projected capital growth calculated at a conservative percentage of 5%
- Calculations based on self-management. Tenant management is available at 9% pm.
- Projected capital growth calculated at conservative percentage of 5%
- Calculations based on self-management. Tenant management is available at 9% pm.
- Excellent location
- Fibre-to-the-home
- Pre-paid electricity
- Solar
- Fully tenanted units
- Finance assistance and tenant management
- 24 hour security
Gallery
Floorplans
Unity Type A - R750 000
- Two bedrooms
- One bathroom
- Covered Patio
- 56m2
Unity Type B - R700 000
- Two bedrooms
- One bathroom
- Patio with louvre roof
- 56m2
Unity Type C - R650 000
- Two bedrooms
- One bathroom
- 50m2
