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New Developments

Viking Villas | Kraaifontein, Cape Town

Be sure not to miss out on this investment opportunity!

1 BEDROOM UNITS SELLING FROM R325 000 - expected rental income R2 800 per month
2 BEDROOM UNITS SELLING FROM R415 000 - expected rental income R3 800 per month

Viking Villas is a new residential development situated in the rapidly expanding North-east growth coridor of Cape Town. Whether you
are buying a primary residence or as an investor, Viking Villas will be an estate you will be proud to be part of!

Download PDF Brochure [715kb]

Key Features

24hour security
Intercom connects unit to entrance gate
Electrified perimeter walls
5 minute drive from Cape Gate
DSTV ready (excluding decoder)
Landscaped open spaces
Carport and parking bays
Parking bays
Cupboards in kitchen
Oven and hob included
Built in cupboards in bedrooms
All floor areas to be tiled
Pre-paid electricity

Investment Breakdown

Development name:	Viking Villas
Address:	Cnr of Mostert and Darwin Street, Kraaifontein, Cape Town
Description:	1 Bedroom: 47m² - 49m² 2 Bedroom: 35m²
Deposit	R2 000 deposit secures unit

Transaction Costs: Transfer fees for seller's account. Bond registration costs for purchaser's account
Gold Referral Commission: R500
Platinum Referral Commission: R1 000
Capital Growth: Calculated at 8% per annum

Investment Analysis | 100% Financing

Description	Floor	m² including balcony or patio	Expected Rental	RVR	Purchase Price	Monthly Bond Repayments @ prime over 30 years	Monthly Shortfall	Break-even Year	Total Invested up to Break-even year	Total Worth at Break-even year
2bed, 1 bath	Ground	49	R 3 800	0.84	R 455 000	R 3 661.03	R 841.03	5	R 23 242.75	R 668 544.27
2bed, 1 bath	Ground	47	R 3 800	0.85	R 445 000	R 3 580.57	R 760.57	5	R 19 380.56	R 653 850.99
2bed, 1 bath	1st	49	R 3 800	0.86	R 440 000	R 3 540.34	R 720.34	4	R 17 594.05	R 598 615.14
2bed, 1 bath	1st	47	R 3 800	0.88	R 430 000	R 3 459.88	R 639.88	4	R 14 697.41	R 585 010.25
2bed, 1 bath	2nd	47	R 3 800	0.92	R 415 000	R 3 339.18	R 519.18	4	R 10 352.44	R 564 602.92
1 bed, 1 bath	Ground	35	R 2 800	0.82	R 340 000	R 2 735.72	R 815.72	6	R 28 976.53	R 539 537.27
1 bed, 1 bath	1st	35	R 2 800	0.86	R 325 000	R 2 615.02	R 695.02	5	R 21 734.92	R 477 531.62

Click to view larger version.

Investment Analysis | 90% Financing

Description	Floor	m² including balcony or patio	Expected Rental	RVR	Purchase Price	Monthly Bond Repayments @ prime over 30 years	Monthly Shortfall	Break-even Year	Total Invested up to Break-even year	Total Worth at Break-even year
2bed, 1 bath	Ground	49	R 3 800	0.84	R 455 000	R 3 294.93	R 474.93	3	R 54 259.29	R 573 168.96
2bed, 1 bath	Ground	47	R 3 800	0.85	R 445 000	R 3 222.51	R 402.51	3	R 51 453.13	R 560 571.84
2bed, 1 bath	1st	49	R 3 800	0.86	R 440 000	R 3 186.31	R 366.31	3	R 50 084.13	R 554 273.28
2bed, 1 bath	1st	47	R 3 800	0.88	R 430 000	R 3 113.89	R 293.89	3	R 47 346.15	R 541 676.16
2bed, 1 bath	2nd	47	R 3 800	0.92	R 415 000	R 3 005.27	R 185.27	2	R 43 723.19	R 484 056.00
1 bed, 1 bath	Ground	35	R 2 800	0.82	R 340 000	R 2 462.15	R 542.15	5	R 48 362.15	R 499 571.55
1 bed, 1 bath	1st	35	R 2 800	0.86	R 325 000	R 2 353.52	R 433.52	4	R 42 429.71	R 442 158.91