Phase 1 sold out in 1 week! Phase 2 now launching

R 829,000

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2 years ago2594 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):65
Parking:Covered
Description
Prime Investment - Rynfield, Benoni -
Ekurhuleni Aerotropolis


OFFSET 55% OF THE PURCHASE PRICE THROUGH SECTION 13SEX TAX INCENTIVES

INVESTMENT BENEFITS
R33 000 Rental Assist
First 12 month's Rental Insurance included
POSITIVE CASHFLOW FROM YEAR 1
Transfer and bond fees included* (save up to R47 000 in costs!)
Gross ROI up to 12.14%
Company & Trust setup and advice through IGrow Trusts
Benefit from a 55% deduction through Section 13sex tax rebates
Up to 100% bond financing available assisted by IGrow Homeloans
Property tax strategies by IGrow Chartered Accountants
Only R10 000 reservation deposit required (refundable should financing not be approved)

DEVELOPMENT FEATURES
Occupation from May 2021
Secure complex - 24 hour manned security
Solar supplemented electricity implemented in development to reduce carbon footprint
Electrified perimeter fence with CCTV camera's
Private gardens to ground floor units partitioned by 1m fencing
Modern finishes in kitchens and bathrooms
Built-in cupboards to bedrooms and kitchen
Granite kitchen tops
Undercounter electric oven with hob and extractor fan
Tiled throughout the unit for easy maintenance
2 parking bays per unit - 1 covered, 1 open
Prepaid electricity meters
Water meters to track accurate consumption readings per unit
Ample visitors parking
Communal centre with large open garden
Fibre points installed to each apartment
Intercom systems


COMPREHENSIVE END-TO-END RENTAL MANAGEMENT
IGrow Rentals - our in-house rental managers
Tenant vetting & placement
Rental collection
Ingoing & outgoing inspections
Maintenance service available



The City of Ekurhuleni Municipality is an important part of the Gauteng province, the heart of the South African economy, and, together with its sister Gauteng cities, contributes to:

33% of SA's GDP
37% SA's manufacturing
Almost 41% of SA's finance

Property Reference #: RL1215

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

Id Subtitle 937581593
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No. of years
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RECALCULATE
Estimated monthly repaymentR 8,984
Total property loan amountR 829,000
Total interestR 1,327,144
Total repaymentR 2,156,144
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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Active Ads59
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