URBAN SANCTUARY IN WOODLANDS LANE

R 999,000

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1 year ago872 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):42
Parking:Covered
Description
A BOUTIQUE LIFESTYLE DEVELOPMENT IN THE HEART OF WOODLANDS

Woodlands Lane situated in Pretoria East is a unique new development comprising of 72 apartments with a choice between one bedroom, one bathroom or two bedroom, two bathroom designs. Conceptualised for the curated and discerning buyer and investor, this urban sanctuary provides residents with open spaces, clubhouse facilities, swimming pool and braai areas for residents of all ages to enjoy. Guardhouse facilities, electrified fencing on boundary walls and secure covered parking bays are integrated into the design. \Woodlands Lane is conveniently located in a highly sought-after area and offers a secure retreat from a busy lifestyle.

Investment benefits
- Occupation from end 2024
- Gross rental yields up to 10.21%
- Up to R36 000 rental assist to investors*
- 1 Year Free rental management
- Rental income projected from R7 000 to R8 500 per month
- Bond and transfer fees included (save up to R80 000 in costs)
- Up to 100% bond financing available through IGrow Homeloans
- Deduct up to R714 450 against taxable income through Section 13sex tax incentives*
- Buy directly from the developer
- High capital growth and rental demand node
- 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
- Low securing deposit of only R10 000 (refundable)

Apartment highlights
- Fibre installed to all units
- Quartz kitchen countertops
- Ceramic glass hob and electric oven with extractor fan
- Washing machine/dishwasher point in kitchen
- Porcelain tiles throughout for low maintenance
- Built-in melamine cupboards throughout
- Clever site design with natural lighting
- Prepaid electrical and prepaid water meters to each apartment
- Modern sanitary finishes
- Exclusive use gardens to groundfloor 2 bedroom apartments
- Covered parking bays
- Building insurance covered by levy

Development features
- Green Building Council Certification features
- Security estate with electrified fencing on perimeter wall
- Access control systems
- Provision for 24hr manned security in levy
- Clubhouse with co-working space facilities
- Swimming pool
- Kids play areas and dedicated braai areas
- Quick and easy access to various business nodes
- Provision for visitors parking bays
- Landscaped communal walkways and gardens
- Numerous of shopping and recreational facilities nearby
- 5 year NHBRC warranty

Property Reference #: RL1650

Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate

Id Subtitle 1166447973
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Website: http://igrow.co.za
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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.
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IGrow Wealth Investments (PTY) Ltd
Selling for 6+ years
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