Table View, Milnerton, Western Cape | Property Share Group

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Table View Milnerton, Western Cape

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Property Description 

This facebrick multi storey property is situated in up-market Table View Cape Town and offers cement tiled roof with timber window and door frames. It has a double garage with a laundry, storeroom, cottage, small garden and average boundary walls. Internal finishes comprise skimmed concrete and knotty pine ceilings with standard light fittings, the floors are tiled throughout with ceramic floor tiles, some of which are tiled over timber floors. The main dwelling kitchen offers solid timber cupboards and the bathrooms have good but dated fittings and finishes. The house is very centrally located in close proximity to all amenities. 1.8km to Bayside Mall, 9km to Century City and only 18 km to Cape Town CBD. 3km to Blouberg Strand Beaches.

Nature of Opportunity

 

The owner intends entering into an instalment sale agreement, to sell the property to a property investor who is not required to pay the full purchase price until transfer. The property investor further will provide a rental mandate to approved managing agents to facilitate the placement of a predetermined tenant with the option to purchase the property at predetermined prices within the specified term.

Exit 

 

The property owner also enters into a Joint Venture Agreement to sell the property, should the tenant not exercise their option to purchase within the transaction period, at a market related price. Profits from the sale will be distributed by the Conveyancers in predetermined agreed upon terms and returns.

Security 

 

Instalment Sale Agreement in accordance with the Alienation of Land Act 68 of 1981 South Africa with registration of a recordal against the title deed of the property.

Process to invest in this opportunity 

PDF - Profit Summary (figures)

Frequently Asked Questions

OUR LATEST THOUGHT FOR THE YEAR 2019 , FROM US AT PSG :

 

"DON'T WAIT TO BUY REAL ESTATE, RATHER BUY REAL ESTATE AND WAIT...."

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