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Gordons Bay - ZAR R550000.00 to ZAR R555000.00 - May 2006

Gordons Bay Westen Cape South Africa

South Africa - Westen Cape property offer

Perfect location 1,5 kms from the beach front.No transfer or bond costs payable.Only a R10,000 deposit.A guaranteed rental assistance of R2,000 pm for 12 months is offered. Own tenant will generate futher rental income. Out of pocket expense only R1300pm.

overseas property for South Africa

GORDON’S BAY PROPERTY INVESTMENT OPPORTUNITY – ONLY FOUR UNITS FOR SALE IN A NEW DEVELOPMENT DIRECTLY FROM THE DEVELOPER

EXECUTIVE SUMMARY

1. Perfect location 1,5 kms from the beach front

2. Two bedroom units for only R550, 000

3 No transfer, bond or legal costs are payable. This is a cost saving of R43,000 for a natural person and R73,300 for a legal entity

4. Only a R10,000 deposit payable

5 A guaranteed rental assistance of R2,000 pm for 12 months is offered. In addition the investor can also place their own tenant in the unit and therefore generate additional rental income

6 A out of pocket capital outlay of only R1,300 pm will be required for the first 12 months from date of registration

7. Levies only R399 pm

8. Low maintenance face brick building

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