Imagine a well-balanced-scale. On the left side you have a risk-free fixed investment with an eight percent cap rate.. On the right side you have a double-digit cap rate investment with growth potential. Which one of these would you choose?
This Property in Rietfontein, Pretoria offers you exactly this double-digit opportunity
With a vacancy rate of less than 1 percent over the last few years you can be assured of a handsome annual return on your investment.
It has 17 rooms each with prepaid electricity, 2 en-suite bathrooms, 6 bathrooms and 2 fitted communal kitchens. Communal areas have Tshwane electricity.
Solar geysers (2x 300 lt) provides ample warm water at a fraction of the normal cost.
Ample open parking is available.
Mortgage financing from major banks may probably available at a 60 percent loan to value ratio, so why use your own equity when you can leverage someone else's money?
Updated on March 29, 2021 at 3:13 pm
Reference #: 1314617
Suburb / Town: Pretoria
Property Type: House
Building Size: 1.0 ㎡
Stand Size: 1200.0 m²
Rates & Taxes: R 2500
burglar bars,surrounding walls
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