Good Value Property to Buy in Ellis Park | Gauteng
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Other Description
ASHANTI VILLAS ELLIS PARK
Ashanti Villas is situated in the quiet suburb of Elspark in Germiston and will consist out of 4 phases, totalling 224 units.
Completion of phase 1 is scheduled for August 2010. Residents will be secured by an electrified perimeter wall and remote controlled access.
All internal roads will be paved and the areas between the blocks to be landscaped and grassed.
Ashanti Villas will attract tenants working in the nearby Waydeville Industrial area. Established companies operating from Waydeville include Consol SA, Pepsi, Distell & Tyco Tyres.
- Police Station - 2.04km • High school - 2.04km
- Clinic - 0.93km • Shopping centre - 1.95km
- Netcare Hospital 4.91km • 4 Pick N Pay stores within a 4km radius
- Primary school 1.46km • 5 Spar stores within a 5km radius
At registration this investment opportunity will render close to a 1% Rent Value Ratio (RVR).
Key Features
No deposit
Landscaped gardens
All costs included
Electric fencing
Security estate
Remote controlled access
Registration August 2010
Under-cover parking bays
Investment Breakdown
Development name: Ashanti Villas
Address: Snyman Street, Elspark, Germiston
Type: New development, Sectional Title, Security Estate
Purchase price (2 bed & 1 bath) R349 900.00
Size: 67m²
Monthly Levies R520 p/m
Expected rental income:
R3 500.00
RVR: (Rent Value Ratio) 1.00
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Approximate price of this 0-Bed Other
ZAR349,900 ZAR |
€33,407 EUR |
£26,736 GBP |
US$41,912 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Other |
| Category |
Re-Sale |
| Listed |
over 6 months ago |
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Price: ZAR349,900
Latest Property News in South Africa
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Price of Property in Johannesburg, South Africa
| (All prices in EUR) |
Johannesburg |
Johannesburg |
Johannesburg |
| Apartment/Flat |
485,000 |
51,953 |
485,000 |
14,900,000 |
- |
980,000 |
| Other |
310,000 |
28,500 |
530,000 |
170,000,000 |
430,000 |
2,100,000 |
* Calculations based on 9 properties for sale in Johannesburg and 595 properties for sale in South Africa |
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Looking to buy property in Johannesburg, Gauteng, South Africa?
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