| New Development - Commercial Mixed Use |
New Mixed Use Development in Brighton Beach
Situated in sought after Brighton Beach on Marine Drive is a brand-new mixed-use development with a commercial
component on the ground floor and 10 x two-bedroom and 1 three-bedroom apartment with fitted kitchens and built inns in all bedrooms and 2 under cover parking bays per unit.
Each unit has a balcony to enjoy the view and some outdoor fresh air.
There are 6 Jojo tanks for water harvesting and solar geysers installed in each unit, reducing utility costs.
Water and electricity are on a pre-paid basis – metered.
Potential rental per 2 bedroomed apartment is R8 000 p.m.
Potential rental per 3 bedroomed apartment is R11 000. P.m. with
Potential rental for the commercial component is R30 000 p.m.
Rental potential of:
10 x R8 000 per months per apartment each with there own water and electrical meters
1x R11 000 per month for a 3 bedroom apartment with own water and electrical meters.
1 x R30 000 for the Super Market.
R121 000.00 per month. potential income
= R1 452 000 passive income.in year one.
Rentals are expected to increase and the interest rate is expected to decrease.
Come view and lets talk ………………0621785948
ERF Size 2,840 m²
Building Size 2300m²
Rates R7,600 per month
|
|
Stephanie McKnight
c. 0732833350
stephanie.mcknight@rawson.co.za
|
