On the Boulevard, Goodwood - Cape Town

SOLD OUT

Developer Pays 10% Deposit!
All Costs Included!
R20 000 Cash Back!
Transfer 2010!

This part commercial/residential sectional title, security development enjoys exceptional location on Vasco Boulevard , 1km to N1 City, 10 min. to Century City (Canal Walk) and easy acces to the N1, Frans Conradie and other main arterials. 

Bachelor units priced at R349 90, do not include any deposits paid by developer or cash back paid to you on registration.

Ground floor: Seven Commercial units facing Vasco Boulevard with entrance through a security gate.

First floor: Seven Two-Bedroom units.

Second Floor: Eight Bachelor and Three Two bedroom units

Investment Breakdown

• Purchace Price: Bachelor R349 990 | 2 Bedroom R689 900
• 2 Bedroom units include 10% deposito payable by the developer and a further Cash-Back of
  R20 000 paid out to you on regstration!
• Costruction to commence July 2009 and completion expected for end of February 2010.
• 17 Months FREE CAPITAL GROWTH on 2 bedroom units!
• Capital Growth: 1 year – 6.74%
  3 year – 17.19%
  5 year – 23.7%
  
• Projected Rental Income: R2 900 - R3 800
• Monthly Levy: R400
• Monthly Shortfall: Bachelor - R553 | 2 Bedroom - R2 530
• Break Even Year: Bachelor - 4 | 2 Bedroom - 10
• Total Invested up to break even point: Bachelors R48 400 | 2 Bedroom R220 000
• Total Worth after break even point: Bachelors R512 300 | 2 Bedroom R1.7 million
• DSTV Enabled
• Access Control
• Parking Bay
• Prepaid Meter