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Western Cape |
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Cape Town |
| Suburb |
Maitland |
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Search Results for Maitland, Cape Town, Western Cape, South Africa |
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Showing Properties 1 to 5 of 5
(Click on image for details of this listing)
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(Click on image for details of this listing)
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| Your Reference: |
6265 |
| ZAR: |
390,000 |
| Property Type: |
Development |
| Cape Town: |
Maitland |
RENTAL GUARANTEE MONTAGUE PLACE -
Montague Place - Maitland offers above average and in some cases excellent rental returns. One of the most important drivers of the historic growth in Maitland (capital appreciation and the price of rentals) is the huge demand for rental properties. The main reason for this high rental demand is the close proximity of the area to the city centre and the easy access to many forms of transport, including taxis, trains, busses and access to all the major highways.
Key Features
All costs included
VAT transaction, perfect for your trust!
12 month rental guarantee of R3 000 pm - Seller's in-house rental agency will take care of rental and pay the R3 000 over to the owner. (Owner must then settle levy and rates & taxes account)
100% Financing available
Each unit comes with open parking bay
Pre-paid electricity meters
30 meters from Maitland train station
Well established residential area
Closest Amenities:
Medical centre - 0.38km
Maitland Police Station - 0.33 km
Maitland Primary School - 0.46 km
Shopping centre - 1.92 km
Investment Breakdown
Block: Montague Place
Address: Montague Drive, Maitland
Purchase Price: R390 000 - 1 bed, 1 bath, 32m²
R399 000 - Ground floor, 1 bed, 1 bath, 32.44m² + 16m² garden
Expected Rental Income: R3 000
Monthly Levies
Approx. R500
Monthly Shortfall:
From R1 222.53
Break Even Year: Year 7
Total Invested up to break even point: From R57 348.37
Total Worth after break even point: Up to R855 291.00
ID 6265
The Susan Deacon Property Group
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(Click on image for details of this listing)
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| Your Reference: |
6268 |
| ZAR: |
399,990 |
| Property Type: |
Development |
| Cape Town: |
Maitland |
MAJOR TAX INCENTIVES FOR INVESTORS! -
UDZ Incentive!
Transfer fees Included! St John's Maitland Cape Town for sale.
URBAN DEVELOPMENT ZONE - MAJOR TAX INCENTIVES FOR INVESTORS!
WRITE OFF 55% OF YOUR PURCHASE PRICE AGAINST INCOME TAX OVER A PERIOD OF 11 YEARS
Year 1 - 20% l Year 2 to Year 11 - 8%
St John's Place, situated on Coronation Road in Maitland, is a sectional title, security complex which offers you the ideal opportunity to start or expand your investment portfolio! It offers a variety of different unit options ranging from bachelor units to units with lofts.
Key Features
Enclosed development with access control
Allocated parking bay
Granite kitchen tops
Cupboards in kitchen
Oven and hob included
Built-in cupboards in bedroom/s
Bathroom with shower
All floor areas to be tiled
Pre-paid electricity (Code pad for purchasers account)
Investment Breakdown
Development name: St. John's Place
Address: Coronation Road, Maitland, Cape Town
Description: 1 Bedroom, 1 Bathroom from 36m² - 42m²
2 Bedroom, 1 Bathroom from 49m²
Deposit R5 000 deposit secures unit
Transaction Costs: Transfer fees and bond registration costs for seller’s account
Capital Growth: Calculated at 8% per annum
ID 6268
The Susan Deacon Property Group
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(Click on image for details of this listing)
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Showing Properties 1 to 5 of 5
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