2 Bedroom townhouse - freehold for sale in Brackenfell South
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Web Ref: 1151424
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GRANDEUR ESTATE LIVING!!
GRANDEUR ESTATE: This Secure Complex of 129 units consists of houses, duplexes and apartments located in a safe environment, ideal for the whole family. The entrance is North-facing, out of the well-known Angelier Street in Brackenfell South.
This Brick and Board Development offers top of the range finishes and the same high quality shown by them over the last 20 years. Investors kicked off the first 10-25% of sales for phase 1 and the property is expected to show a significant growth before the developer launches phases 2 and 3.
With it’s popular location and remaining open land available for development, you can expect a solid prime estate that will have a positive effect on property prices in the area. Available unit options (plans) were hand-picked by a professional team to ensure that the estate caters for the young modern family.
Rental returns are projected to bring in in the region of R100,000 per annum, yielding a gross rental return of 9%. When coupled with capital growth, the return on investment has the potential to exceed 16% per year.
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