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NEW BRAAMFONTEIN LOFTS

INVESTMENT

Excellent Reasons to Invest

– A conscientious investment for those looking to buy to live or buy to expand their property portfolio.
– Peace of mind that this is an asset designed to attract positive tenant appeal and capital growth.
– This unique lifestyle development is in response to a high demand in the area for accommodation, by corporate professionals and post grad students.

The investment opportunity is further enhanced by the following tax incentives;

Urban Renewal Tax Incentive | New Braamfontein Lofts forms part of an assigned UDZ (Urban Development Zone), this means eligible investors qualify for an Urban Renewal Tax Rebate, in which enables them to claim 30% of the purchase price against taxable income over a five-year period.

Corridors of Freedom – to be known as Transit Oriented Development Rebate | New Braamfontein Lofts will qualify for this rebate which will soon be approved and result in a rebate of Assessment Rates for new owners of units.

NEW BRAAMFONTEIN LOFTS | ANTICIPATED RETURNS ON INVESTMENT
BUILDING #UNIT TYPEPURCHASE PRICE*EST RENTALEST RETURNS
BUILDING 62 BED 2 BATHFROM R1 300 000*R10 500 p/m**9.7%
BUILDING 72/3 BED 3 BATHFROM R1 850 000*R16 500 p/m**10.7%

*Estimated gross rental income excluding rates & levies  ** Estimated initial gross return on investment

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