Blockus:

How much can one rent these shops per year for?

lekkie073: 40k monthly....

Obiagelli:
you will have to rent from a buyer, since people are still buying there's isn't a fixed price yet. Before the market got burnt its used to be around 300k annually and traders easily made that amount in profit in a week.

You will have to wait a while.

Blockus:


40 thousand *times* 12 Months = 4 Hundred and 80 Thousand per annum


6.3 Million *divided by* 480 Thousand = 13years..


Not worth the trouble for me ...

Blockus:

I was thinking of buying a shop and renting it out..

lekkie073: the phase1 is already sold out.....I don't know of phase2

Blockus:

I was thinking of buying a shop and renting it out..

Obiagelli:
you can't go wrong on this, trust me. I have got a couple too and will be renting them out, the rent will cover the rest of my payment.

Blockus:

You seem to know alot about this, are you linked to the project

Blockus:

Who is the Mortgage house handling this?

lekkie073: d 40k is the expected value.....the forces of demand might push it higher...

lekkie073: the phase1 is already sold out.....I don't know of phase2

Blockus:

Who is the Mortgage house handling this?