Invest From 2-Bedroom Only R769,999

Annlin Place - Pretoria North, South Africa

Tenanted apartments with R10,000 cash back on registration!

Limited number of renovated and tenanted apartments available from an established property fund in Pretoria East with all purchasing costs included and 100% home loans available.

INVESTMENT SUMMARY

  • Investment Strategy: Buy-To-Let
  • Property Type: Residential Sectional Title Apartments
  • Occupation Date: Completed & Tenanted
  • Deposit to Secure: R25,000
  • Deposit to Secure: High growth area estimated at 6% annum

Location

Annlin Place - Pretoria North, South Africa

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Property Details

  • Option between 1 and 2 bedrooms
    High quality finishes
    Stylish open plan living
    Undercover parking
    24-Hour security access control
    ​ Prepaid electricity
    Only two levels of apartments
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Financial Analysis

  • Purchase Price: 2-Bedroom Only R769,999
  • Rental Income: R6,840/month
  • Rental Assist: R833/month
  • Bond Repayment: R5,253/month (@ 7.25%)
  • Levies: R850/month
  • Rates and Taxes: R330/month

  • Cash Flow Year 1: +R1,240/month
    Cash Flow Year 2: +R913/month
    Cash Flow Year 3: +R1,461/month
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Why Invest In This Property?

  • Low investment price in the affordable market.
    ​ Sought after established neighbourhood.
    ​R10,000 cash back on registration to use towards shortfalls.
    Limited number of units in the development ensures exclusivity.
    ​Lower levies than usual for similar properties resulting in an increased monthly cash flow.
    ​Close to the new Rainbow Junction R2.5b retail development.
    ​Close to Wonderboom airport and in a school district.
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Location, Location, Location

The pretty emerging suburb of Annlin lies minutes outside of the city centre to the north of Pretoria, in the crook of Zambesi Drive in the shadow of the Magaliesberg Mountains. Lying just outside of Pretoria gives Annlin several advantages. Not only is it relatively free of traffic congestion and thus pollution, but it is also a green and leafy suburb with good access to the N1 north of here,

Proximity

  • ​Wonderboom Airport
    ​ South African Army Military Base
    ​ Rainbow Junction
    Sinoville Cricket Club
    Laerskool Wonderboom
    Wonderboom Nature Reserve
    ​Tswaing Meteorite Crater
    ​N1 Highway
  • The Area
DESTINATIONS NEAR ANNLIN
Akasia, Arcadia, Brooklyn, Brummeria, Centurion, Clydesdale, Colbyn, Constantia Park, Cullinan, De Wilgers, Donkerhoek, Eastwood, Eldoraigne, Equestria, Erasmia, Erasmuskloof, Erasmusrand, Faerie Glen, Garsfontein, Groenkloof, Hatfield, Hazelwood, Irene, Kameeldrift, La Montagne, Lynnwood, Lynnwood Ridge, Magalieskruin, Menlo Park, Menlyn, Meyerspark, Montana, Monumentpark, Moreleta Park, Mountain View, Muckleneuk, Murrayfield, Newlands, Pretoria CBD, Pretoria East, Pretoria North, Queenswood, Rayton, Rietfontein, Rietvalleirand, Riviera, Shere, Silver Lakes, Silverton, Sinoville, Tweefontein, Villieria, Wapadrand, Waterkloof, Waterkloof Glen, Waterkloof Ridge, Waverley, Willow Park Manor, Wonderboom, Woodhill Estate
  • Area Statistics
Statistics are provided by TPN Credit Bureau
 

Population

Language

Household Age

Property Types Percentage

Property Size by Rooms

Sectional Title Transactions and Price Growth

Rental Prices by Bedroom Number

Rental Payment Good Standing Ratio

Investment Property Distribution *40%- 50% are investment properties

  • Property Details
  • The Site
Developed over two phases, the complex comprises of 210 sectional title units, with 191 units sold to date and only 19 units available
 

  • ​ 80 sqm in size.
    High Quality finishes.
    ​​ Stylish open plan living.
    ​Each unit has undercover parking.
    ​Each unit has outdoor balcony.
    ​Cupboards in kitchen and bedroom.
    ​Prepaid electricity.
  • The Units
There are 51 units and 2 different unit types to select from.

Value Adding Features

  • ​80 sqm in size.
    High Quality finishes.
    ​​Stylish open plan living.
    ​Each unit has undercover parking.
    ​Each unit has outdoor balcony.
    ​Cupboards in kitchen and bedroom.
    ​ Prepaid electricity.
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Financial Analysis

(Black Friday Special Offer)
  • Cash Flow Forecast
  • Gross Rental Yield Trends in the area

Disclaimer

The information on this website are provided in good faith and while every care has been taken in preparing the accuracy of the information, Empire Wealth makes no representations and gives no warranties of whatever nature in respect of the information, including but not limited to the accuracy or completeness of any information, facts and/or opinions. The User is encouraged to perform his own research and assumes all responsibility and risk for the use of the information and other material provided.
 

When is this Property Cash Flow Positive?

Deposit Needed at List Price

R25,000

Rental Income Needed at List Price

R6,840/month

Purchase Price at 100% finance

R769,999

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