Garden Route Development
Western Cape. 2 Bed 1 Bath Simplex 103m2 From R 1 762 200
More Information & Enquiry
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Situated in the sought after, secure development in George, at the foothills of the Outeniqua Mountains, surrounded by nature and exceptional views.
These homes include a roomy lounge area perfect for your family and gatherings. Enjoy the private patio with your morning coffee, surrounded by your own spacious garden. Presented with quality finishes, including Fibre connection availability.
Key Features
- State-of-the-art security
- Quality finishes
- Fibre connection available
- Situated on GO-GEORGE bus route
Key Features
- 2km to Fancourt Golf Estate
- 8.5km to George International Airport
- 3.5km to George Central
Simplex Unit Plan
2 Bed Unit – 103m² – R 1 762 200
Simplex Unit Plan
3 Bed Unit – 124m² – R 2 126 500
Site Development Plan
Investment Summaries
2 Bed 1.5 Bath Simplex 103m2 – R 1 762 200
| Purchase Price* (minus R 30 000 Deposit): | R 1 732 200 |
| Monthly Bond Repayment @ 9% Prime: | R 13 938 |
| Monthly Levies (Included for 12 months): | R 1 400 |
| Monthly Rates & Taxes: | R 315 |
| Monthly Rental Income: | R 11 500 |
| Monthly Shortfall: | R 2 753 |
| Net Yield: | 7.6% |
Investment Summaries
2 Bed 2 Bath Simplex 105.5m2 – R 1 829 780
| Purchase Price* (minus R 30 000 Deposit): | R 1 732 200 |
| Monthly Bond Repayment @ 9% Prime: | R 14 481 |
| Monthly Levies (Included for 12 months): | R 1 400 |
| Monthly Rates & Taxes: | R 650 |
| Monthly Rental Income: | R 11 500 |
| Monthly Shortfall: | R 3 296 |
| Net Yield: | 7.3% |
Investment Summaries
3 Bed 2 Bath Simplex 124m2 – R 2 126 050
| Purchase Price* (minus R 30 000 Deposit): | R 2 096 050 |
| Monthly Bond Repayment @ 9% Prime: | R 16 865 |
| Monthly Levies (Included for 12 months): | R 1 400 |
| Monthly Rates & Taxes: | R 315 |
| Monthly Rental Income: | R 12 500 |
| Monthly Shortfall: | R 4 680 |
| Net Yield: | 6.9% |
Duplex Unit Plan
2 & 3 Bed Units
Investment Summaries
2 Bed 1.5 Bath Duplex 108m2 – R 1 802 600
| Purchase Price* (minus R 30 000 Deposit): | R 1 772 600 |
| Monthly Bond Repayment @ 9% Prime: | R 14 263 |
| Monthly Levies (Included for 12 months): | R 1 400 |
| Monthly Rates & Taxes: | R 315 |
| Monthly Rental Income: | R 11 500 |
| Monthly Shortfall: | R 3 078 |
| Net Yield: | 7.4% |
Investment Summaries
3 Bed 2 Bath Duplex 129m2 – R 1 968 500
| Purchase Price* (minus R 30 000 Deposit): | R 1 938 500 |
| Monthly Bond Repayment @ 9% Prime: | R 15 598 |
| Monthly Levies (Included for 12 months): | R 1 400 |
| Monthly Rates & Taxes: | R 315 |
| Monthly Rental Income: | R 12 500 |
| Monthly Shortfall: | R 3 413 |
| Net Yield: | 7.4% |
Location Map
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