Great investment opportunity in new security Retirement Village (age 50 plus) - Parkhill Gardens

Friday, 25 November 2022

Item details

City: Parkhill Gardens, Gauteng
Offer type: Sell
Price: R 1,000,000
Bedrooms:2
Bathrooms:2
Full Square, m²:102
Land Square, m²:100000

Contacts

Contact name Peter Erasmus
Phone 0838833395

Item description

BACKGROUND: We are reputable property developers, currently developing a retirement property estate (50’s plus age group) in an area called Parkhill Gardens, a well-established, middle-to-upper-class suburb near Alberton, Lambton/Germiston and Sunward Park/Boksburg on the near-East Rand in Gauteng. It is a beautiful piece of land, in a quiet environment with good infrastructure and facilities e.g. doctors, pharmacies and clinics, shopping centres etc. and offers easy access to major arterials in all directions, including OR Tambo International Airport.
A total of 38 units are to be built on approx. 10-thousand sq.m.of land.The units will be full-title, within a walled security estate with a guardhouse /24 hours security, a communal clubhouse and swimming pool. The units will be 102 sq.m. under roof, each with 2 bedrooms, two bathrooms, an open-plan living/dining room, private patio, garage and carport. Solar technology will be utilized where possible to save on electricity and minimize the effect of load-shedding…
Everthing is in place for the development to kick-off by late January/early February 2023 (including proclamation, zoning, permission to build, building plans etc.) and the engineers, contractors etc. are in place. A big billboard advertising the units for sale is to be erected soon, after which the marketing to the public at large will commence.
INVESTMENT OPPORTUNITY: The fully built units will be sold at a starting price of R1.295m per unit, depending on the location within the complex.
We are providing a very limited number of prospective CASH INVESTORS an unbelievable opportunity to pre-invest in the development and gain a guaranteed 30 %, and up to 50 % return within three years, besides the natural appreciation in the value of the property itself. It entails a CASH investment against the security of a unit/units in the complex, as follows: The first five units sold for CASH will be sold at R1-million each (as opposed to R1.295 million), and will in fact be the first five units to be built. So the opportunity is either for five individual investors at R1-million each, or from fewer investors buying multiple units, or a single investor into five units.
To the prospective investor, this means an immediate gain of almost R300 000 per a R1-million invested! As an additional benefit, and to further safeguard your investment, we as the developers will provide a contractual undertaking to purchase the investment unit/s back from the investor/s at the launch price (which is R1.295 million per unit) after three years, should the investor/s wish to exercise that option.
During that three-year period, and after the completion of your unit, should you not wish to occupy or rent out one or more of your units yourself, you may opt for us to manage the rental of your unit/s on your behalf, so either way you will generate rental income.
That rental income alone could grow your investment substantially: E.g. if you were to rent out one of your investment properties in the development for two years at R10 000 pm, it would generate an additional R240-thousand income, which would then grow the return on your investment to over R500-thousand rand per R1-million invested! A return of 50 percent over three years, apart from the appreciation in the value of your property, which you will still own…!
Obviously once you decide to come on board with us, everything will by set out and stipulated in a contract drawn up by the transferring attorneys, and your investment safeguarded.
If you would like to physically visit the development site and have a look at the land, we can set it up for you; for the developer to meet with you and show you the land and the plans in person.
CONTACT: For more information on this fantastic investment opportunity kindly contact Peter Erasmus at 083 88 333 95 or at petererasmus2@gmail.com . We look forward to hear from you!