Winner Takes Home an Apartment

EmailEmail Print Share

10 Jan 2013

Once in a while, one event can radically change somebody’s life. One example is Nozipho Tshabalala from Johannesburg who, at just 21 years of age, had one good decision turn into a fast-track to genuine wealth.

MD Laughton Appollis hands a symbolic key to Nozipho Tshabalala while her delighted boyfriend looks on.

The year ended on a high note for her when she was announced as the winner of the Longain Affordable Apartments year-end giveaway, which was a fully paid-for 1 bedroom apartment in Zuurfontein.

The draw took place at a small event in the Sandton Hilton hotel. The auditors kept an eye on a barrel of numbered balls that held all of the qualified entrants’ hopes. When the number was announced, a loud whoop of delight made it clear that the winner was in the room – and she was happy.

On their website’s blog, Longain Affordable Apartments hailed Tshabalala's win as a perfect example of their wealth-building philosophy, saying that “her win is going to fundamentally change her life for the better."

If Tshabalala puts that rental income straight into her bond and keeps up her payments, she should settle her debt with the bank in 7 years, and save a at least R250 000 in interest. "She’ll own two properties and have saved nearly enough to buy a third one.”

The competition ran for the last 3 months of 2012, and entrants had to purchase an apartment through Longain Affordable Apartments to qualify. The company specialises in sourcing and selling low-cost properties to both investors and first-time home buyers.

Similar Articles

Fine & Country Zimbabwe recently opened a new office in...

Estate agents in the Western Cape can look forward to a...

10 Seeff front-line staff members in Bellville, the Boland...

View all articles

Top Articles

Don’t let clutter, uncomfortable furniture, money or time...

Cape Town’s Atlantic Seaboard, CBD and City Bowl property...

Failure to obtain an Electric Fence Compliance Certificate...

View all articles
Top Articles
08 Feb 2016
Cape Town’s Atlantic Seaboard, CBD and City Bowl property is sizzling, w...
08 Feb 2016
A new 148-room City Lodge Hotel has opened at Newtown Junction, in the g...
08 Feb 2016
For Gauteng home buyers seeking a central location, Noordwyk in the hear...
07 Feb 2016
Lifestyle farms tucked away in the Western Cape’s Ceres area offer buyer...
06 Feb 2016
Located between Cape Town and Cape Point, Hout Bay offers investors a wi...
Get the latest property news.
Select your options:

Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.

For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.

Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724