Property investment grows capital

2018-05-23 06:02
Racewaypark property development. Illustration: Supplied

Racewaypark property development. Illustration: Supplied

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Every big city grows and expands as time goes by, and sometimes it can be difficult to decide which of the new areas and neighbourhoods to endorse, support and invest in.

Raceway Park is the brand-new neighbourhood in Bloemfontein situated 5 km from the CBD and 3 km from the Bram Fischer International Airport.

Currently at the heart of new growth and development in the Mangaung district, future elements and community facilities include a school, crèches, churches, a 12 000 m² retail precinct and numerous public parks and recreational spaces.

All construction at Raceway Park is built with brick and mortar, and the overall development currently comprises 400 free-standing houses.

A collection of two-, three- and four-bedroom homes are available, with an array of extras like garages, carports, modern ceramic tiles, built-in cupboards and built-in braai areas. Contemporary architectural designs are complimented with energy-efficient hot water systems and prepaid electricity meters.

Two new developments of two-bedroom apartments in three-level walk-up blocks provide Raceway Park with additional residential stock for both the rental market and the sectional title sellers’ market.

No wonder this brand-new neighbourhood is referred to as the talk of the town.

Investing in property remains one of the safest and most successful methods of growing your capital and joining the affluent.

Regardless of where you are in the world, the value of property is on a steady climb.

This gives rise to the concept of capital growth: Today you buy for less, tomorrow you sell for more, and the longer you hold on to your property, the greater your capital growth.

Add to that the notion of rental yield: The rental income that your house or apartment can generate is a percentage of the value of your house. Investing in property can make a considerable difference to your financial profile.

Let’s sketch a scenario:

Mr Mokoena decides that he would like to invest in a secure future for his children and he already knows that buying property is the best investment that he could possibly make.

He has recently realised that the rental yield on a Raceway Park family home is so good, that he doesn’t even have to think twice about buying and securing a future for his children.

If he buys a home in Raceway Park, he can rent it out and use that monthly rent to pay his bond.

In other words, his tenant pays his bond for him.

This is property investment with real returns.

Apart from the Raceway Park website where you can download the complete information pack and brochure, anyone can visit the Raceway Park Show Village from Monday to Saturday between 09:00 and 18:00 to view the family homes on show and to speak to the dedicated on-site sales agent.

If you would like to know more and want to have a look at the latest developments for sale at Raceway Park in Bloemfontein, call the dedicated sales agents at National Real Estate on 051-405-9990 or 079-824-0064.

You can also send an email to sales@racewaypark.co.za or visit the website at www.racewaypark.co.za.

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