Garden Route Development

Western Cape. 2 Bed 1 Bath Simplex 103m2 From R 1 762 200

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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.

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Key Features

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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Address

Zomerlust Estate, Second Floor, Cnr Bergrivier Boulevard & Bergsig Avenue, Paarl, Cape Town, 7646

Call / WhatsApp Us

0800 014 943

021 872 0028

Business Hours

 

Monday to Friday 08:00 -17:00

Saturday & Sunday - CLOSED

Public Holidays - CLOSED

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