New Family home investments selling in the greater Waterfall node in Midrand from only R2 445 000
With only 89 freestanding houses available in this prestigious security estate, it has been a long-awaited development which is finally here.
Property remains an investment, does not matter whether it is your own residential property or a buy-to-let investment property and when you can be the 1st owner capitalising on all the costs you save, it is even a greater investment.
This development offers a very unique product not often availabkle in the Kyalami / Midrand area and especially not at these prices directly from the developer. A very modern architectural design compliments this freestanding single storey 3-bedroom family homes with private gardens.
Modern Finishes, security, fast fibre and conveniently close to schools, shops and other exciting amenities makes this development one not to miss out on.
This might be one of the last available pieces of land in this area that will allow you to invest in property of such great value.
Three bedrooms, two and a half bathrooms, double garage from R2 445 000
Three bedrooms, two and a half bathrooms, double garage from R2 545 000
Three bedrooms, two and a half bathrooms, double garage from R2 845 000
Three bedrooms, two and a half bathrooms, double garage from R2 475 000
|Unit Type||Size m²||Purchase Price||Projected Gross Rental Income||Gross Rental Return (excl capital growth)||Monthly Levies (+/- R15 p/m2) Including Sanitation||Estimated Rates and Taxes||Net Rental Income pm||Net Rental Return||Projected Capital Growth (at 5% p.a.)||Total Return On Investment (capital growth + net rental income p.a.)|
|Type A – 3 Bed 2,5 Bath + Double Garage||151||R2 445 000||R15 500||7.6%||R2 300||R1 400||R11 800||5.8%||R2 567 250||5%||R263 850||10.8%|
|Type B – 3 Bed 2,5 Bath + Double Garage||161||R2 545 000||R16 300||7.7%||R2 400||R1 470||R12 430||5.9%||R2 672 250||5%||R276 410||10.9%|
|Type C – 3 Bed 2,5 Bath + Double Garage||183||R2 845 000||R18 000||7.6%||R2 700||R1 670||R13 630||5.7%||R2 987 250||5%||R305 810||10.7%|
|Type D – 3 Bed 2 Bath + Double Garage||155||R2 475 000||R15 800||7.7%||R2 350||R1 400||R12 050||5.8%||R2 598 750||5%||R268 350||10.8%|
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