Many investors are looking for regular monthly income, coupled with a degree of capital growth over the medium to longer term.
Al Mabroor offers their investors the opportunity to invest in high quality property projects. The main sectors earmarked for investment are hospitals, especially sub-acute and frail care facilities, student accommodation, filling stations and commercial office space. All tenants will be approved by the Shariah Board.
Al Mabroor Projects will be the management agent of the various property investments. Al Mabroor will collect rentals, manage and maintain the property and do monthly rental distributions to all investors.
CURRENT INVESTMENT PROPERTIES
MANHATTAN ON CORAL
The Manhattan on Coral offers a selection of 29 bachelor, studio, 1 and 2 bedroom New York style apartments. The design is distinctly modern, edgy and based on typical New York industrial themed warehouse converted apartments.
Some features include segments of exposed brickwork, floor to ceiling industrial styled windows, exposed steel beams with internal finishes which echoes the industrial theme and significant modern touches, like granite kitchen tops.
Situated just off the beautiful shoreline of Bloubergstrand with most of the apartments boasting views of the sea.
The complex is a mere 5 minutes’ walk from the famous Doodles restaurant situated on the beachfront, boasting the iconic world-famous views of Table Mountain from its terrace.
Each apartment comes with basement and ground floor parking bays as well as secure storage facilities.
Considering all that is on offer here, these apartments promise to leverage excellent capital appreciation and also high rental demand.
HIGHLANDS - STUDENT ACCOMODATION
Highlands Lofts is centrally located near Ellis Park, Braamfontein, Johannesburg. With sophisticated interiors and top end kitchens, offset by landscaped gardens and viewing terraces - Highlands Lofts is set to take city living to new heights.
Convenient location only 150 meters away from the Rapid Transport System (Rea Vaya) giving easy access to:
University of Johannesburg – 600m
Johannesburg Technical College
Business & Training Colleges
Every need is catered for, Parking, Laundry and an on site caretaker.
Our Hospital Fund consists of the following properties:
Jonkersview - Stellenbosch
Barlinka Medical Center - Worcester
Sr Lea sub-acute services - Roodepoort
Orchards Lodge - Johannesburg
Kruinpark - Roodepoort
COMPLETED INVESTMENT PROPERTIES
Hermanus Medical Village
Property value: R33 Million
Initial income: 9%
10 Year leases
Riversands - Heidelberg
Property value: R9.5 Million
Initial income: 8.9%
10 year leases
Property value: R27 Million
Initial income: 9.2%