R 1 000 000.00 Plot and fixed income for R 250 000 Potchefstroom. 10 Morg plot for sale. 7KM East of potch. (8.5Ha) Big 60 year old 12 room farm house / Cottage / Batchelor flat / Rondawel / Stores / camps. Swimming pool. 1/2 camps cleared for ploughing, 1/2 for grazzing. 4 boreholes. Strong water. Tested at 4000 L / Hour. 50 000 liter dam. Secure crime free area. Never had a single incident in 30 years. Good Marnet support community for security & fires. R 10 000.00 per month fixed rental incomes, good tenants. R 1 000 000.00. Ideal investment purchase. R 120K per year fixed income that will escalate as time goes by with rental escalations. Property will pay for itself in 6 years. Currently supporting sheep, calves and Horses. An ideal purchase for someone that is thinking of sending their kid to Potch University. DSTV, Wifi and High speed Internet and Networking hotspot installed. https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash4/254768_268793433137068_5321218_n.jpg Contact Mike : zero seven two one 68 98 68 OK, so here is the deal of a lifetime for someone that wants to score a great property investment. Terms :- Property + Business = R 1 000 000.00 Deposit R 250 000.00 Signing deposit 25% of deposit, (R 62 500), 75% balance (187 500) payable within 12 months. Income (Monthly renatls) of R 10 000 per month will pay off bond in around 6 years. The property has a tenant income of R 10 000 per month. A deposit of R 250K is required. Purchaser can pay 25% of this up front and the balance within 1 year. This leaves a balance of R 750K The tenant rentals are R 120K per year. There is zero interest on the main transaction Interest is only charged on arrears. The Seller will carry the bond interest free. Tenant rentals will pay off the bond in 6 years. This means that in 6 years, your investment of R 250 000 will grow to R 1 000 000. After paying the deposit of R 250K, The purchaser has no futher payment responsibility. The seller takes full payment responsibility in conjunction with a letting agent. The letting agent takes responsibility for collecting rentals and paying the rent to the seller. The rent pays off the purchase bond that is held in the name of the seller. So, do you want a R 1 000 000 property for R 250 000 ? Message Me. Hey there friends .... Please share ... I want to sell up and get my huisie by die see. This is a great investment opportunity. R 250K in / R 1 000 000 out in 6 years Private sale or Agents welcome. (Agents comm included in the price)
Posted on: Sun, 29 Sep 2013 05:08:16 +0000
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