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THE VIEW MORNINGSIDE
APARTMENTS
INVESTORS
YOUR NEXT INVESTMENT OPPORTUNITY
Less than 5% vacancy rate. Rental demand has skyrocketed. This coupled with sluggish residential supply of apartments over the past 3 years in Gauteng, has resulted in sharp increase in rental pricing achieved by owners.
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The stats are proof of a very favourable market for buy-to-let investors.
PERKS
High tenant demand. Guaranteed Rentals* Select units in cash-flow positive*
5-Year Corporate Leases Available On Request
INVESTMENT CASE
STUDIO APARTMENT
Purchase Price: R 1 010 540
Guaranteed Rental Income Monthly:
R 12 600.00
Bond repayment monthly:
R 9 437.91
Estimated Monthly Costs - Rates, levy & refuse:
R 2 619.20
Cash flow SURPLUS, monthly:
R 542.89
Gross rental yield:
13.6%
Net rental yield:
11%
3 Michelle Street, Morningside, Sandton
SALES
INEVSTMENT TEAM
CHAT TO OUR INVESTMENT EXPERTS TODAY
* Estimated calculations are based on 90% bond repayments, 11.25% interest rates, and monthly costs include estimated rates, levy, refuse and boiler fees.
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