Luxury Lifestyle Apartments
Apartments from R1,422,000
Central George - Garden Route
George is surrounded by the Outeniqua Mountains and located on the Garden Route (which offers endless outdoor activities). These new apartments are located in the heart of George and 1.2km from the Go George Bus Stop. Residents also enjoy load-shedding free living with home automation.
1.5km to George Mediclinic Hospital
8.3km to George Airport
Please contact me with more information on this development
Investment and floor plan
APARTMENTS
1 Beds from R1,422,000
2 Beds from R1,899,000
INVESTMENT SUMMARY
1 Bedroom Apartments from R1,422,000
Purchase Price* (minus R50,000 Deposit): R1,372,000
Monthly Bond Repayment 11%: R13,066
Estimated Monthly Levies: R590
Estimated Monthly Rates and Taxes: R1,200
Monthly Rental Income: R8,500
Monthly Shortfall: R6,356
Net Yield: 5.7%
R50,000
DEPOSIT
R1,790
EST EXPENSES
R8,500
RENTAL INCOME
R6,356
MONTHLY SHORTFALL
5.7%
NET YIELD
FINANCIAL PROJECTION AVAILABLE ON BROCHURE
Please contact me with more information on this development
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