Description
The Himalaya is a 6 storey urban renewal property and is one of the most exciting “Residential Conversions” in the Durban inner city to date.
Building is scheduled to begin in March 2008, with occupation prior to the end of 2008.
The finishes are all in neutral tones, tiled floors, fitted kitchens with ovens, hobs and extractors, granite work tops and the bedrooms fitted with built in cupboards. The building has secure biometric controlled access as well as 24 hour security guards, and intercoms to each apartment. Prepaid electricity meters will be in each flat.
MaxProp have been appointed the Managing Agents, by the developer, for the first year, ensuring that levy collection, maintenance and security is handled efficiently, as well as the smooth running and control of the premises.
A full rental management solution is being offered. All applicant tenants will have full credit and references checked to ensure peace of mind for investors.
This project offers a unique investment opportunity as this development not only offers excellent rental returns, but also falls within the Urban Developing Zone, affording the purchaser a 5 year SARS tax benefit.
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