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LOCATED IN THE PRESTIGIOUS LANGEBERG GLEN
R 1,359,000
Can I afford this?
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9 months ago632 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):55
Parking:Covered
Description
Two bedroom, one bathroom luxury apartments SELLING FROM R1,359,000
Langeberg Glen, bordering Durbanville, Cape Town
Occupation early 2024
97% Tenant paying rate in area
14% Average capital growth p/a since 2013
R70 320 rental assist to investors*
No transfer duty
No transfer and bond costs
Save up to R72 000 in attorney fees
INTRODUCING OAKLEAF PLACE:
AN EXCLUSIVE INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS LANGEBERG GLEN AREA OF CAPE TOWN'S NORTHERN SUBURBS. THESE LUXURIOUS 2-BEDROOM, 1 BATHROOM APARTMENTS OFFER SOPHISTICATED YET COSMOPOLITAN DESIGN, PERFECT FOR THOSE SEEKING THE ULTIMATE IN LUXURY LIVING.
But that's not all - with easy access to a host of amenities including shopping centres, gyms, schools, and healthcare facilities, Oakleaf Place offers unparalleled convenience for residents. Investors can take advantage of our special offer with bond and transfer fees included, as well as a 55% deduction against taxable income for those expanding their section 13sex investment portfolio.
Construction is set to begin in mid-2023, with the first occupants expected to move in early 2024. With only a limited number of units available, Oakleaf Place presents a unique opportunity for investors to maximize their capital growth and rental income. Don't miss out on this exceptional investment opportunity. Invest in Oakleaf Place today and experience the pinnacle of luxurious living in the Northern Suburbs of Cape Town.
INVESTMENT BENEFITS
Occupation from early 2024
97% Tenant paying rate in area
14% Average capital growth p/a since 2013
R70 320 rental assist to investors*
Gross rental yields up to 10,88%
Bond and transfer fees included
Save up to R72 000 in transfer fees
No transfer duty payable
Buy directly from the developer
Up to 100% bond financing available
Rental income from R9 250 to R9 750 per month
Deduct up to R769 450 of the purchase price against taxable income through Section 13sex
IGrow Rentals will place and manage your tenant for you
Property tax strategies offered by IGrow Chartered Accountants
Company & trust advice and setup through IGrow Trusts
R20 000 reservation deposit required (refundable should financing not be approved)
APARTMENT FEATURES
Spacious upmarket 2 bedroom, 1 bathroom apartments
Built-in -braai's to spacious patio/balconies
Exclusive use garden areas to all ground floor apartments
Fibre installed to all units
Front door security gate and burglar bars
Washing machine/dishwasher point in kitchen
Tiled throughout for low maintenance
Built-in slimline oven with gas hob
Granite kitchen countertops
One full bathroom (Shower and bath)
Clever site design with natural lighting
Smart water meters
100 litre geyser to each apartment
Pre-paid electrical meters
Modern sanitary finishes
One secured open parking bay per apartment
5 year NHBRC Warranty
12 months gaurantee on roof structures
Building insurance covered by levy
DEVELOPMENT FEATURES
Views over Boland mo...
Property Reference #: RL1854
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Langeberg Glen, bordering Durbanville, Cape Town
Occupation early 2024
97% Tenant paying rate in area
14% Average capital growth p/a since 2013
R70 320 rental assist to investors*
No transfer duty
No transfer and bond costs
Save up to R72 000 in attorney fees
INTRODUCING OAKLEAF PLACE:
AN EXCLUSIVE INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS LANGEBERG GLEN AREA OF CAPE TOWN'S NORTHERN SUBURBS. THESE LUXURIOUS 2-BEDROOM, 1 BATHROOM APARTMENTS OFFER SOPHISTICATED YET COSMOPOLITAN DESIGN, PERFECT FOR THOSE SEEKING THE ULTIMATE IN LUXURY LIVING.
But that's not all - with easy access to a host of amenities including shopping centres, gyms, schools, and healthcare facilities, Oakleaf Place offers unparalleled convenience for residents. Investors can take advantage of our special offer with bond and transfer fees included, as well as a 55% deduction against taxable income for those expanding their section 13sex investment portfolio.
Construction is set to begin in mid-2023, with the first occupants expected to move in early 2024. With only a limited number of units available, Oakleaf Place presents a unique opportunity for investors to maximize their capital growth and rental income. Don't miss out on this exceptional investment opportunity. Invest in Oakleaf Place today and experience the pinnacle of luxurious living in the Northern Suburbs of Cape Town.
INVESTMENT BENEFITS
Occupation from early 2024
97% Tenant paying rate in area
14% Average capital growth p/a since 2013
R70 320 rental assist to investors*
Gross rental yields up to 10,88%
Bond and transfer fees included
Save up to R72 000 in transfer fees
No transfer duty payable
Buy directly from the developer
Up to 100% bond financing available
Rental income from R9 250 to R9 750 per month
Deduct up to R769 450 of the purchase price against taxable income through Section 13sex
IGrow Rentals will place and manage your tenant for you
Property tax strategies offered by IGrow Chartered Accountants
Company & trust advice and setup through IGrow Trusts
R20 000 reservation deposit required (refundable should financing not be approved)
APARTMENT FEATURES
Spacious upmarket 2 bedroom, 1 bathroom apartments
Built-in -braai's to spacious patio/balconies
Exclusive use garden areas to all ground floor apartments
Fibre installed to all units
Front door security gate and burglar bars
Washing machine/dishwasher point in kitchen
Tiled throughout for low maintenance
Built-in slimline oven with gas hob
Granite kitchen countertops
One full bathroom (Shower and bath)
Clever site design with natural lighting
Smart water meters
100 litre geyser to each apartment
Pre-paid electrical meters
Modern sanitary finishes
One secured open parking bay per apartment
5 year NHBRC Warranty
12 months gaurantee on roof structures
Building insurance covered by levy
DEVELOPMENT FEATURES
Views over Boland mo...
Property Reference #: RL1854
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Id Subtitle 1223928227
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RECALCULATE
Estimated monthly repaymentR 14,728
Total property loan amountR 1,359,000
Total interestR 2,175,619
Total repaymentR 3,534,619
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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