Imagine owning a ground floor unit in the lovely new East of Pretoria. Not far from the R21 Nelmaphius offramp to Kempton Park.
Rietvalleirand is adjacent to Elarduspark and not far from the Route 21 business park.
Owning in this sought-after neighbourhood in this 24 hour guarded complex, with a regular paying tenant - gives property investment it's rightful reputation back.
The complex has a pool and a private lapa set in an indigenous garden that makes you think of a bushveld holiday. Picnics at home on school holidays will make special memories for the kids.
The unit has a steel carport with a guest parking right behind it.
A sunny patio with a view, welcomes you to the front door. These units are not cramped together.
The light lounge has more than enough space for a L shape seating area and can easily fit a 6 seater dining room table and buffet too.
The open plan kitchen with it's breakfast island, has a large stove and space for a washing machine and fridge.
The double sink for dishes with a view over a garden.
The bedrooms still have carpets, but both are in a very good condition and gives extra warmth to the unit.
Both rooms have built in closets.
The first bathroom has a bath, it makes it easier for people with small children.
And the second en-suite bathroom has a shower and a walk through closet.
The complex has play ground equipment and braai facilities at the end of each row and family picnics are encouraged.
A gross (before deduction) income of R28 000 can turn you into a Landlady/lord.
The tenant pays R6500 per month and the tax deduction on this unit should amount to about R45 000 per year.
It's like a bonus cheque from SARS every year.
For more tips on property investment, don't delay in giving me a call.
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