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SMALLER PERSONAL SPACE BIGGER FACILITIES
R 999,000
Can I afford this?25 Photo(s)
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Parking:Covered
Description
Rental Assist exclusive to IGrow Investors (R24 480 for Studio apartments & R36 480 for 1 Bedroom apartments)
Resulting in minimal monthly shortfall contributions towards your investment
NO TRANSFER FEES | NO BOND REGISTRATION FEES
OWN FROM ONLY R8,065 PM* | *CALCULATED AT 11.75% OVER 30 YEARS
R10 000 DEPOSIT
SMALLER PERSONAL SPACE BIGGER FACILITIES
Times are ever-changing, and the youth who drive our economy have different lifestyle needs. It's all about smart-designed smaller spaces with a bigger emphasis on communal and social amenities. This provides the lock-up-and-go flexibility they need, reducing living costs and creating efficient mobility. This is the generation of Micro Living.
THE BENEFITS SPEAK FOR THEMSELVES
Micro living offers property searchers convenient access to more central living locations with lower rates, compared to
traditional and overpopulated housing in city centers.
Great for investor portfolio diversification. Ideal for investors looking for a low-risk, lock-up-and-go lifestyle, corporate
crash-pad or short-term rental property - particularly when paired with the minimal maintenance required.
Investment benefits
- Occupation from beginning 2024
- Gross rental yields up to 11.71%
- Rental income projected from R6 429 to R8 006 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Deduct up to R602 250 against taxable income through Section 13sex tax incentives*
- Buy directly from the developer
- Tenant insurance offered - secure your rental income
- IGrow Rentals will place and manage your tenant for you
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- R10 000 reservation deposit required (refundable should financing not be approved)
Apartment Features
- Fibre installed to all units
- Quartz kitchen countertops
- Ceramic glass hob
- Washing machine/dishwasher point in kitchen
- Tiled throughout for low maintenance (600 x 600 tile)
- Clever site design with natural lighting
- Centralised, energy efficient, heatpump hot water system
- Hot and cold water meters installed to each apartment
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Building insurance covered by levy
Property Reference #: RL1857
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Resulting in minimal monthly shortfall contributions towards your investment
NO TRANSFER FEES | NO BOND REGISTRATION FEES
OWN FROM ONLY R8,065 PM* | *CALCULATED AT 11.75% OVER 30 YEARS
R10 000 DEPOSIT
SMALLER PERSONAL SPACE BIGGER FACILITIES
Times are ever-changing, and the youth who drive our economy have different lifestyle needs. It's all about smart-designed smaller spaces with a bigger emphasis on communal and social amenities. This provides the lock-up-and-go flexibility they need, reducing living costs and creating efficient mobility. This is the generation of Micro Living.
THE BENEFITS SPEAK FOR THEMSELVES
Micro living offers property searchers convenient access to more central living locations with lower rates, compared to
traditional and overpopulated housing in city centers.
Great for investor portfolio diversification. Ideal for investors looking for a low-risk, lock-up-and-go lifestyle, corporate
crash-pad or short-term rental property - particularly when paired with the minimal maintenance required.
Investment benefits
- Occupation from beginning 2024
- Gross rental yields up to 11.71%
- Rental income projected from R6 429 to R8 006 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Deduct up to R602 250 against taxable income through Section 13sex tax incentives*
- Buy directly from the developer
- Tenant insurance offered - secure your rental income
- IGrow Rentals will place and manage your tenant for you
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- R10 000 reservation deposit required (refundable should financing not be approved)
Apartment Features
- Fibre installed to all units
- Quartz kitchen countertops
- Ceramic glass hob
- Washing machine/dishwasher point in kitchen
- Tiled throughout for low maintenance (600 x 600 tile)
- Clever site design with natural lighting
- Centralised, energy efficient, heatpump hot water system
- Hot and cold water meters installed to each apartment
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Building insurance covered by levy
Property Reference #: RL1857
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Id Subtitle 1226108634
View More
Website: http://igrow.co.za
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RECALCULATE
Estimated monthly repaymentR 10,827
Total property loan amountR 999,000
Total interestR 1,599,297
Total repaymentR 2,598,297
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
IGrow Wealth Investments (PTY) Ltd
Selling for 6+ years
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