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Ideally priced buy-to-let investment
R 669,000
Can I afford this?8 Photo(s)
1 year ago554 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):34
Parking:Covered
Description
Just as a compass pulls you towards a magnetic field, discover your True North through this magnetic new development. This exciting new development is located in a leafy and well-established area in Sinoville, Pretoria. It will comprise of 363 one- and two bedroom apartments situated over 3 floors with the launch price from only R669 000. It offers great lifestyle amenities in the heart of the estate, and showcases generous open spaces to relax, and kid-friendly play areas. This family estate provides exclusivity by utilising well spaced out, smaller apartment blocks.
Investment benefits
- Gross rental yields up to 11.31%
- Up to R54 720 rental assist*
- Buy 5 and claim up to R2 527 250 in tax incentives*
- Bond and transfer fees included (excl bank initiation fee)
- Save up to R67 000 in attorney fees
- No transfer duty payable
- Buy directly from the developer
- Up to 100% bond financing available
- High rental demand node
- Rental income projected starting from R5 200 to R6 600 per month
- Low monthly levies
- IGrow Rentals will place and manage your tenant for you
- Tenant insurance offered - secure your rental income
- 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
- Sunny north facing apartments
- Fibre installed to all units (activation fee excluded)
- Granite kitchen countertops
- Built-in oven and hob
- Built-in cupboards to bedrooms and kitchens
- Aluminium windows and sliding doors for low maintenance
- Tiled throughout for low maintenance
- 100 litre geysers fitted to each apartment
- Water meters installed to each apartment for accurate billing
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Building insurance covered by levy
- Two bedroom apartments come with a full bathroom
- Patio's / balconies to two bedroom apartments
- One covered parking bay per apartment
Development features
- Well designed village styled individual blocks of 12 apartments each
- Large landscaped garden areas
- Communal braai facilities and kids play areas
- 24 hour manned security within levy
- Access control with guardhouse facilities
- Perimeter wall with electrified fencing
- Centrally located to all amenities
- Well established neighbourhood
- On public transport routes
Property Reference #: RL1648
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Investment benefits
- Gross rental yields up to 11.31%
- Up to R54 720 rental assist*
- Buy 5 and claim up to R2 527 250 in tax incentives*
- Bond and transfer fees included (excl bank initiation fee)
- Save up to R67 000 in attorney fees
- No transfer duty payable
- Buy directly from the developer
- Up to 100% bond financing available
- High rental demand node
- Rental income projected starting from R5 200 to R6 600 per month
- Low monthly levies
- IGrow Rentals will place and manage your tenant for you
- Tenant insurance offered - secure your rental income
- 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
- Sunny north facing apartments
- Fibre installed to all units (activation fee excluded)
- Granite kitchen countertops
- Built-in oven and hob
- Built-in cupboards to bedrooms and kitchens
- Aluminium windows and sliding doors for low maintenance
- Tiled throughout for low maintenance
- 100 litre geysers fitted to each apartment
- Water meters installed to each apartment for accurate billing
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Building insurance covered by levy
- Two bedroom apartments come with a full bathroom
- Patio's / balconies to two bedroom apartments
- One covered parking bay per apartment
Development features
- Well designed village styled individual blocks of 12 apartments each
- Large landscaped garden areas
- Communal braai facilities and kids play areas
- 24 hour manned security within levy
- Access control with guardhouse facilities
- Perimeter wall with electrified fencing
- Centrally located to all amenities
- Well established neighbourhood
- On public transport routes
Property Reference #: RL1648
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Id Subtitle 1164621972
View More
Website: http://igrow.co.za
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RECALCULATE
Estimated monthly repaymentR 7,251
Total property loan amountR 669,000
Total interestR 1,071,001
Total repaymentR 1,740,001
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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