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INTRODUCING SANDTON 2 APARTMENT HOTEL DEVELOPMENT
R 1,295,000
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1 year ago1363 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):32
Parking:Covered
Description
Existing units, tenant ready.
Buy now take transfer in 2 months from today.
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 centres.
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
- Up to R75 000 cash back to investors*
- Gross rental yields up to 10,56%
- Bond and transfer fees included (excl bank initiation fee)
- Save up to a R71 000 in attorney fees
- Up to 100% bond financing available
- Buy directly from the developer
- No transfer duty payable
- Deduct up to R712 250 against taxable income through Section 13sex tax incentives*
- Consistent high rental yield neighbourhood
- Rental income starting from R8 500 to R9 500 (excluding cash back)
- IGrow Rentals will manage your tenant for you
- Tenant insurance offered - secure your rental income
- Investors get access to Blackbrick amenities and discounts within the network
- Ready for occupation December 2022
- 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
- Trendy, well designed apartments
- High speed fibre installed to all units (activation excluded)
- Quartz kitchen countertops with ample cupboard space
- Ceramic glass hob, oven and extractor fan
- Washing machine/dishwasher point in kitchen
- Modern, quality sanitary finishes throughout
- Tiled throughout for low maintenance (600 x 600 tile)
- Centralised, energy efficient, heatpump hot water system
- Hot and cold water meters installed to each apartment
- Pre-paid electricity meters to each apartment
- Building insurance covered by levy
- Concierge services available
- State-of-the-art security
DEVELOPMENT FEATURES
- Excellent location within the hub of Sandton CBD
- Luxury aparthotels with rooftop pool and restaurants
- Walking distance to the Gautrain station - 1 km
- Johannesburg Stock Exchange only 650m away
- Sandton City and Nelson Mandela Square only 600 m
- Two restaurants
- 100-seater cinema with event programs
- Parking for every apartment
- Co-working spaces
- Boxing Gym
- Boardrooms available to book
- Zoom Pods with internet access
- Lounge areas for meet...
Property Reference #: RL1615
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Buy now take transfer in 2 months from today.
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 centres.
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
- Up to R75 000 cash back to investors*
- Gross rental yields up to 10,56%
- Bond and transfer fees included (excl bank initiation fee)
- Save up to a R71 000 in attorney fees
- Up to 100% bond financing available
- Buy directly from the developer
- No transfer duty payable
- Deduct up to R712 250 against taxable income through Section 13sex tax incentives*
- Consistent high rental yield neighbourhood
- Rental income starting from R8 500 to R9 500 (excluding cash back)
- IGrow Rentals will manage your tenant for you
- Tenant insurance offered - secure your rental income
- Investors get access to Blackbrick amenities and discounts within the network
- Ready for occupation December 2022
- 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
- Trendy, well designed apartments
- High speed fibre installed to all units (activation excluded)
- Quartz kitchen countertops with ample cupboard space
- Ceramic glass hob, oven and extractor fan
- Washing machine/dishwasher point in kitchen
- Modern, quality sanitary finishes throughout
- Tiled throughout for low maintenance (600 x 600 tile)
- Centralised, energy efficient, heatpump hot water system
- Hot and cold water meters installed to each apartment
- Pre-paid electricity meters to each apartment
- Building insurance covered by levy
- Concierge services available
- State-of-the-art security
DEVELOPMENT FEATURES
- Excellent location within the hub of Sandton CBD
- Luxury aparthotels with rooftop pool and restaurants
- Walking distance to the Gautrain station - 1 km
- Johannesburg Stock Exchange only 650m away
- Sandton City and Nelson Mandela Square only 600 m
- Two restaurants
- 100-seater cinema with event programs
- Parking for every apartment
- Co-working spaces
- Boxing Gym
- Boardrooms available to book
- Zoom Pods with internet access
- Lounge areas for meet...
Property Reference #: RL1615
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Id Subtitle 1145532213
View More
Website: http://igrow.co.za
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RECALCULATE
Estimated monthly repaymentR 14,035
Total property loan amountR 1,295,000
Total interestR 2,073,162
Total repaymentR 3,368,162
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.
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IGrow Wealth Investments (PTY) Ltd
Selling for 6+ years
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