2 Bedroom simplex in Onverwacht - J60233, 53 Waterberg Security Village, Koedoe Street

R 570,000 R 5,128.44 per month

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This listing is no longer available for sale. View similar properties in Onverwacht.

Property Details

  • 2 bedrooms
  • Floor Area: 67m2
  • Pool
  • Water Included
  • Walk-in Closet
  • Security Post
  • Electric Fencing
  • 1 bathrooms
  • 1 lounges
  • 1 carports
  • Satelite
  • Built-in Cupboards
  • Clubhouse
  • simplex
  • 1 dining areas
  • Pets Allowed
  • Air con
  • Access Gate
  • Kitchen

Property Description

ONLY 5 UNITS LEFT IN THE WHOLE DEVELOPMENT!

INVESTORS!! Signed lease agreements with Eskom!!
Take advantage of the property boom in Ellisras - Invest today! Last units available!Phase 5 occupied and FULLY tenanted!
There is huge demand for accommodation in Ellisras/Lephalale with an above average rental return.

The new Madupi Power Station and expanding coal mines result in an expected shortage of 9 000 houses in the next 5 years.
- Rental income of R5000 – R6500 per month
- Capital Growth conservatively projected at 15% per annum
- Return on Investment at +/- 24% per annum
In addition, Central Developments are offering:
- Turn key rental solutions
- In-house property management
- Investor support
The Waterberg security village is situated close to the FET College and other local amenities. In addition, the complex is close to the following:
- 8km from Ellisras CBD
- 12km from Matimba
- 15km from Medupi
- 16km form Grootgeluk Coal Mine

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