A property investment opportunity in Eldo Lakes Estate in Glen Lauriston, Centurion.
Selling price R150 000.00 per garage
There are a total of 27 garages available, and they can be bought in minimum blocks of 10.
If all 27 units are bought as a package, the price will be R125 000.00 per unit and a partial going concern transaction can be negotiated.
Levies R342.80/garage
Potential rent income from R1000 per month/garage
Potential ROI 9% (Rent income of 5,8% plus potential capital growth 3,2%)
Conditions:
1. Buyer will become part of the Homeowners Association/Body Corporate.
2. Buyer will become subjected to the rules of the Homeowners’ Association/Body Corporate as well as the security and access control rules and regulations. (Rules are available on request).