Olive Gardens - Secure Residential Estate - Investment opportunity

Olive Gardens is an existing development that is now renovated and put on the market for buyers to own a very affordable unit in a very popular area in Centurion, namely Olievenhoutbosch.

The units are fully fitted with floor tiles, kitchen units, built-in cupboards in the bathroom and a solar geyser.

DEVELOPMENT AMENITIES:

- Parking
- Security estate
- All units have 2 bedrooms - Various floor sizes available
- The prices include all legal fees

Show unit available.

*All transfer fees included*

The development is an excellent investment opportunity-all the units have got existing tenants with good payment records

The return on capital are as follows:

Ground floor

- Rental R4800pm
- Purchase price R519000
- Return 11-07%. Return after levies and Rates 7-9%

1st Floor

- Rental R4800
- Purchase price R499000
- Return 11-5%. Return after levies and rates 8-2%

Investors can continue with the current tenants if they wish. There is a company that handles the rent collection etc. if investors wish to continue with them

Units