Description

We have tenanted 3 bedroom apartments for sale at prime water Gardens. The apartment is on the 3rd floor. Elevator works. Service charge 500k

The apartments cost 55m with BQ and 52m without BQ. Ideally, they are up for mortgage for a 10 year period where the client pays an initial deposit of 5.2m (without BQ) or 5.5m (with BQ) as an initial deposit and spread the balance over 10 years.

However, nothing stops a buyer from making an outright purchase of the property.

The rental value is currently at 3.5m with BQ and 3m without BQ. So a buyer can get rental income from the existing tenants when the purchase is sealed.

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