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 The
Waldorf Suites Sandton is an un-paralleled property investment.
Various options are available to suite every pocket and purpose.
WALDORF
- SECTIONAL TITLE OWNERSHIP
Private Investors - may buy Sectional Title property
in The Waldorf. Sectional Title is full ownership of property in
South Africa. You get a title deed. The property can be mortaged.
The key points of this investment are:
- You own a property that you can sell at any time
through our agents. Since its inception, The Waldorf has averaged
13% growth in property value every year, compounded for thirteen
years. An apartment that sold for ZAR 194,900 now sells for ZAR
950,000. Comparatively, against the US$ Exchange rate, the Waldorf
sold in 1993 for US$ 60,000 and in 2006 sells for US$ 126.582.
- The Waldorf Suites Morningside will lease your
property from you at a net (after operating costs) rental yield
of 6.0%, so, if you purchase a property for ZAR 1,000,000, we'll
pay you ZAR 60,000 per year irrespective of whether it is occupied.
- Assuming a property sells for ZAR 950,000,
the purchaser pays 20% of the purchase price as a down payment,
the purchase refurbishes the apartment at a cost of ZAR 200,000,
the purchaser borrows 80% of the purchase price of the property
bearing an interest rate 8.50% for the term of the mortgage, the
following investment model unfolds:

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