4 Bed House in Noordwyk

R 1 997 000

Di Slinger-Joubert

RE/MAX-Infoglobe Grey Owl Midstream

4 Bed House in Noordwyk

R 1 997 000

Can I afford this?
4 Beds
4 Baths
Floor Area 350 m²
Land Area 1020 m²
Rates R 932

GUARANTEED INVESTMENT WITH A NET RETURN ON INVESTMENT OF APPROXIMATELY 13.8% PER ANNUM

This property provides an established investment opportunity with *net returns of approximately 13.8% per annum.

Located in Noordwyk, this property has a secured lease agreement in place until June 2024, with a reputable tenant who runs an excellent and growing child care business from the premises. The business has an existing client base and is experiencing positive growth monthly. All the licenses and authorizations are in place for the business to operate, with the tenant satisfying every professional standard to maintain compliance and the right to trade in its current capacity.

Please Note: the property is the asset for sale, the business run from the property is not. Any purchaser will inherit the current lease agreement and must uphold the duties of the owner as set out in the agreement.

*Net Return on Investment is calculated using current fixed costs associated with the owner, it does not take into account potential maintenance costs which are not fixed and may or may not arise anytime in the duration of the lease agreement (which is standard in the ownership of any property).

For more detailed financials and information on the property and investment opportunity, or to arrange a viewing, contact Blake or Di immediately.

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Key Property Features

4
Bedrooms
4
Bathrooms

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Experience Midrand

Midrand, also known as the Halfway House, was established as a municipality in 1981. It is a very vibrant, accessible area that is growing at a rapid rate. Families flock to the area to take advantage of the laid back lifestyle and variety of amenities. There is plenty of employment nearby, with many large businesses taking advantage of Midrand's convenient location between big cities. Vodacom, Cell C, Neotel, Altech Autopage and many more large companies have offices situated here, and with its growing residential areas this is one of the up and coming areas in South Africa.

Find out more about Midrand

4 Bed House in Noordwyk

R 1 997 000

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