Friday, January 30, 2009

Sunnyside, Pretoria - Flat - Terral Court


Price: R395 000.00
Rental Income: R4200 pm
Levy: R812.00 pm
Desc: 2.5bed, 1 bath
Size: 72 sqm
Address: Terral Court, 398 Reitz St, Sunnyside, Pretoria

Very good location in Sunnyside. Save and quite. High rental income flat. High demand from tenants.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.

Arcadia, Pretoria - Flat - Keurboom


Price: R390 000.00
Rental Income: R4300 pm
Levy: R551.00 pm
Desc: 1.5bed, 1 bath
Size: 77 sqm
Address: Keurboom, 714 Schoeman St, Sunnyside, Pretoria

Close to University of Pretoria. High rental income flat. High demand from tenants.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.



Sunnyside, Pretoria - Flat - Jubilee Park Mansions


Price: R265 000.00
Rental Income: R2400 pm or R3000.00 if you partition living area
Levy: R550.00 pm
Desc: Bachelors with enclosed stoep that can be used as room, 1 bath
Size: 50 sqm
Address: Jubilee Park Mansions, c/o Mears St and Kotze St, Sunnyside, Pretoria

Block recently renovated outside. High rental income flat. High demand from tenants.


Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.




Sunnyside, Pretoria - Flat - Heynen Place


Price: R355 000.00
Rental Income: R3600 pm
Levy: R700.00 pm
Desc: 1.5bed, 1 bath
Size: 69 sqm
Address: Heynen Place, Relly St, Sunnyside, Pretoria

High rental income flat. High demand from tenants.

Contact me:
Cell: 072 838 6854
Email: colin@prevent-repossession.co.za

Click on map to navigate.

Wednesday, January 28, 2009

Property Investors are Awakening

In the last 2 weeks my queries from investors have doubled! Is it because interest rates are going to plummet or has everyone decided to buy property now?

I have been very busy the last 10 days, although you have not seen any new investment property listings.

In the last 10 days I have turned most of my focus to good old rental property investments, namely flats. The reason is 2 fold.

Most property investors invest in high yielding rental properties with low maintenance, easy management and good cash flow. I received many requests for flats and have decided to deliver what you asked for.

Secondly I have noticed a marked increase in motivated sellers in the housing market below R500 000.00. It is interesting to see the market go through its cycles. The property owners that were in distress first where the houses above R1.5m. Then it moved to above R1m, then above R500k, now below R500k. All this happened within the last 8 months. Very fast.

So make ready to see more flats with very good rental income in the next couple of days. These flats are very popular and you will have to let me know immediately if you are buying.

Happy property hunting!

Please contact me on 072 838 6854 or colin@prevent-repossession.co.za if you have any questions.

Monday, January 19, 2009

Cash Flow Positive Flat for Sale - Sunnyside, Pretoria


Price: R420 000.00
Address: Tricarrel, Kotze Street, Sunnyside (close to Mears Street)
Bedrooms: 4 bed (this 2.5 bed has been partitioned into a 4 bed)
Bathroom: 1
Size: 86 sq meters
Levy: R822pm
Rental income: R5500pm
Monthly Bond: R4479.00 (10% deposit, 14% interest, 30 year bond)

Click on map to navigate.

Thursday, January 8, 2009

House for Sale - Glenmore, Durban


Price: R1 700 000.00
Market Value: R2 100 000.00
Equity: R400 000.00
Discount: 24%
House Size: 400 sqm
Stand size: 900 sqm
Rental income: R12000.00 - R15000.00 (with 2 bed flat incl.)

Description:

3 bedrooms (main bedroom is a double room with an ensuite) and other two rooms and passage has laminated wooden floors 1 full bathroom
Open plan lounge and dining room with folding doors that lead out onto garden patio (laminated wooden floors). TV room with built in wall cabinets (laminated wooden floors)
Large kitchen with new cupboards and centre island
Cottage below the house that leads onto pool area. Two rooms and a bathroom with shower.
Jungle gym in the garden
2 double garages and drive in access for a another 3 cars.
5 minute walk from university
10 minute drive from Pavillion and airport
Close to shops and schools

Huge open verandah area that overlooks Westville (can see the Pavillion) and University. See map.

Click on map to navigate.


Sunday, January 4, 2009

Weavind Park, Pretoria flat for sale

Price: R350 000.00
Address: 170 Pitts Avenue, Weavind Park, Pretoria (see map below)
Bedrooms: 1.5 beds
Bathroom: 1
Garage
Size: 68 sq meters
Levy: R445pm
Rental income: R3500pm
Almost cash flow positive!
Swimming pool in complex.
Similar property was sold for R485000.00 in June 2008. That is a 28% discount!

Flat is in very good condition. High rental demand in area. Next to Police head office and Pretoria University. Easy access to Pretoria CBD. Low levy and very well managed block.

Click on map to navigate.