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South Kensington, South Kensington, Johannesburg, Gauteng
R 2 699 000
Investors know a good thing when they see it! Close to schools, Eastgate Mall, freeways, clinics. TREBLE stand with parking & pool. 10 (ten!) units, each with own bathroom. Potential gold mine. Pick it up for below its real value, spruce it up, and get the rents rolling in. And that’s where we can be useful. You can always DIY, but our basic or managed service options are safer. In the basic model we market the units, screen tenants, present you with their credit scores, collect the deposit plus the first month’s rent up front, and conduct legally compliant occupation inspections. In the managed model we collect the monthly rent, make payments such as electricity & water on your behalf, and also attend to minor repairs. Then, the elephant in the room – what if you need to do an eviction? We offer a 100% legally compliant eviction process for which the tenant pays! We also do bond origination, and our system WORKS. We have a history of getting otherwise-borderline applications over the line, and of saving applicants those 25, 50, even 100 basis points that add up to a lot of money in the long term. Basic or turnkey, you choose.
Estimated monthly repayment
R 25 487
on a R 2 429 100 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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South Kensington, South Kensington, Johannesburg, Gauteng
Listed by
Christiaan Khoza
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