237 Garden City is bought to let more often than to live in, and the numbers are why: phase 1 is complete, occupied and holding its rents, and the same address is what keeps it full — the mall, the schools and Exit 7 of the superhighway are all within reach.
Phase II is under construction. The homes are compact by design: a 40 sqm one bedroom and a 60 sqm two bedroom let quickly and turn over cleanly. The building has 24 hour security, a backup generator, high-speed lifts, secure parking and a children's play area.
The developer quotes yields above eight per cent. Treat that as their figure, not ours — ask us what the finished phase is actually letting for before you buy.
