Entire block of 12 upmarket fully let units for investment
We offer investors, a valuable asset that promises to deliver financial returns for years to come.All 12 units are 3 bedroom 2 Bathroom - Fully Let.Current Gross Rentals R 915 600 per annum.Capitalization Rate - over 10 years - 10.47 %.Purchase Price Includes Vat.Lifestyle offerings:Outdoor poolClubhousePet-friendly unitsEasy day-to-day livingBoundary wall with electric fencing24-hour secure access controlThe units are set in a parkland tree complex while the common area features a clubhouse and pool area with children playground facilities.Property investors who purchase 5 or more units from a developer may be entitled to claim up to 24% and possibly higher *** from SARS in terms of Sect 13sex of the Income Tax Act over a 20 year period – (*** Please consult your auditor for further information)Silver Pines Estate offers a high-performance investment prospect for a property investor.
Benoni is a sprawling city situated on the East Rand of Gauteng. This area forms part of the Greater Johannesburg region, and since 2000 has been part of the Ekurhuleni Metropolitan Municipality.
The "City of Lakes" as it is now known, was proclaimed a municipality in 1907, and achieved city status in October 1992.
Whilst Benoni started as a “gold town” it has evolved over the years and is...
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