This is exactly what we as Treoc investors want equity, equity and more equity! What makes this even better is the fact that there are only 2 out of the 108 units that are vacant and only because the units belong to the developer and his not interested in letting them. We have reviewed the SAPTG and have found that the last units sold in this development sold at R 599,000 on 12 November 2007.

22 of the 24 units that Treoc secured have tenants in them paying an average of R3600 p/m. The maximum current rent on 2 of the units is R3850 p/m, which effectively makes this the potential rent. The development has just been repainted, and the special levy that was initiated for this will end in November which means normal levy and low maintenance for us as investors. The developer kept these units for himself thus you are still buying directly for the developer all costs included ; he installed granite tops & tiled the bathrooms up to ceiling height in all his units.

Wilgeheuwel is situated in Randburg, Johannesburg and surrounded by malls (Retail Crossing, Clearwater and more), Virgin Active and places of employment. Easy access to the N1 and not too far from the N14 which provides access to Pretoria and Krugersdorp).

Two year old development – Sectional Title /td>
Ground & first floor
– 68.4 m², 2 bed, 1 bath - R 495,000
* 1 carport per unit
N/A
None
R 502.05 p/m
Last 12 months - 14.1%
Last 36 months - 22.2%
Last 60 months - 26.9%
On registration
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If you would like to purchase one or more of these properties please contact one of our national sales consultants:

Gauteng, Randburg - 011 781 3713 (office)
Cindy Lawer - 083 476 3338 (cell) cindyl@treoc.com (email)

Gauteng, Pretoria - 012 991 1075 (office)
Brenda Conradie - 083 440 2472 (cell) brendac@treoc.com (email)

Western Cape - 021 910 4008 (office)
Tatum Baynes - 079 130 0745 (cell) tatumb@treoc.com (email)

Whilst every care has been taken to provide accurate information in this report, please refer to the relevant sales agreement for final confirmation of sales details.