SOLD BY US
Bakenkloof Mews, Wolmer, Pretoria North
Only 2 Ground Floor units available in a recently established development.
à Sold for R460 000 in 2008
Now discounted with R85 000 …to only R375 000
Cost to the transaction (transfer & bond reg.) paid by the seller to a maximum of R15 000.00
The units served as surety in a previous financial agreement to the benefit of the developer. Because of the developers involvement in a new project, he agreed to the release of these units at his initial cost price. The discount offers an immediate growth value for the investor of 22%.
70 sq meters, 2 bedroom units with full bathroom (including bath and shower) and carport in a small secure development.
Sold with a lease agreement in place. The monthly rent could immediately be added to the income of the purchaser for bond application purposes.
Bakenkloof Mews, Wolmer, Pretoria North
Only 2 Ground Floor units available in a recently established development.
à Sold for R460 000 in 2008
Now discounted with R85 000 …to only R375 000
Cost to the transaction (transfer & bond reg.) paid by the seller to a maximum of R15 000.00
The units served as surety in a previous financial agreement to the benefit of the developer. Because of the developers involvement in a new project, he agreed to the release of these units at his initial cost price. The discount offers an immediate growth value for the investor of 22%.
70 sq meters, 2 bedroom units with full bathroom (including bath and shower) and carport in a small secure development.
Sold with a lease agreement in place. The monthly rent could immediately be added to the income of the purchaser for bond application purposes.
Cash Flow:
Price Bond Payment Levy Total Exp Rent Rent Com Short Fall
375000 3620.00 550.00 4170.00 3200.00 320.00 1290.00
The initial outlay of Wolmer made provision for very large plots. Wolmer used to be a poor community with smallish houses on these plots.
Because of the excellent location of the suburb, close to access routes and being in the centre of Pretoria North, property developers are moving into the area, purchasing one or two large neighboring properties and redevelop it into secure townhouse complexes like Bakenkloof Mews.
The address of this development is 449 Bakenkloof Street, which is removed from the really poor area. The surroundings are neat and clean with quite a few completed redevelopments in the immediate area. Two large townhouse complexes are presently being built close to the Wolmer railway station, of which phase one is completely sold out.
We are confident about purchasing investment property in the area. There is a rental demand, there are new developments in progress and future growth expectations are positive.
Click here to view other property for sale in Wolmer
Price Bond Payment Levy Total Exp Rent Rent Com Short Fall
375000 3620.00 550.00 4170.00 3200.00 320.00 1290.00
The initial outlay of Wolmer made provision for very large plots. Wolmer used to be a poor community with smallish houses on these plots.
Because of the excellent location of the suburb, close to access routes and being in the centre of Pretoria North, property developers are moving into the area, purchasing one or two large neighboring properties and redevelop it into secure townhouse complexes like Bakenkloof Mews.
The address of this development is 449 Bakenkloof Street, which is removed from the really poor area. The surroundings are neat and clean with quite a few completed redevelopments in the immediate area. Two large townhouse complexes are presently being built close to the Wolmer railway station, of which phase one is completely sold out.
We are confident about purchasing investment property in the area. There is a rental demand, there are new developments in progress and future growth expectations are positive.
Click here to view other property for sale in Wolmer