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New Developments

Watsonia View | Noordheuwel, Krugersdorp

 
 

POSITIVE CASH FLOW PROPERTY! PRICED FROM R479 900!!!

Watsonia View is one of 4 complexes currently being developed within the residential estate, Sugar Bush Estate(Noordheuwel). All of the 119 duplex units have the same layout and offer 2 bedrooms with a full bathroom, lounge, dining room and modern kitchen. Every unit has a walled garden and a single steel carport. Ample visitors parking bays are available for additional vehicles.

Sugar Bush Estate is located in Krugersdorp where the N14 may be accessed via Robert Broom Drive via a quick 2 kilometre drive from the estate. Schooling, major shopping nodes, hospitals, Lanseria International Airport and the Silverstar Casino are all situated within a 15 kilometre radius of the development. Construction commenced in April 2011 and units are now ready for occupation.

 
   

Key Features

  • Remote controlled gate
  • Electric fencing on perimeter walls
  • Semi-facebrick
  • Carpets in bedrooms
  • Oven, hob, top cupboards in kitchen
  • Dishwasher/WM point in kitchen
  • Full bathroom with shower and bath
  • Floor to ceiling cupboards in bedrooms
  • Sliding door leading to covered patio
  • Garden gate

 
   

Investment Breakdown

Development name: Watsonia View
Address: Sugar Bush Estate, Robert Broom Drive, Noordheuwel Krugersdorp
Description: 2 Bedroom, 1 Bathroom from 81.55m²
Deposit R5 000 deposit secures unit
  • Additional monthly expenses included in below calculations: Levy R580 , Rates & Taxes R300 , 10% Rental agent management fee
  • Transaction Costs: Transfer fees and bond registration costs for seller’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 patio Expected rental RVR Purchase price Monthly Bond repayments @ prime over 30 years Monthly shortfall or positive cashflow Break-even Year Total Invested up to break-even year Total worth at break-even year
2bed, 1 bath Duplex 81.55 R5,000 1.04 R479,900 R3,861.38 -R241.38 2 R2,896.61 R559,755.36
2bed, 1 bath Duplex 81.55 R5,000 0.99 R504,900 R4,062.54 -R442.54 3 R7,145.75 R636,028.59
2bed, 1 bath Duplex 81.55 R5,000 0.94 R529,900 R4,263.70 -R643.70 4 R12,469.41 R720,923.10
Click to view larger version.

Investment Analysis | 90% Financing

Description Floor m2 including patio Expected rental RVR Purchase price Monthly Bond repayments @ prime over 30 years Monthly shortfall or positive cashflow Break-even Year Total Invested up to break-even year Total worth at break-even year
2bed, 1 bath Duplex 81.55 R5,000 1.04 R479,900 R3,475.97 R144.03      
2bed, 1 bath Duplex 81.55 R5,000 0.99 R504,900 R3,656.29 -R36.29 2 R50,925.43 R588,915.36
2bed, 1 bath Duplex 81.55 R5,000 0.94 R529,900 R3,837.33 -R217.33 2 R55,597.91 R618,075.36
Click to view larger version.

     

Plans & Perspectives

 
 
 

 

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Please contact Anél Mostert:

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