FULLY TENANTED, EARN IMMEDIATE RENTAL INCOME!

R 1,099,000

Can I afford this?
1 year ago1981 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):49
Parking:Covered
Description
WELCOME TO SIMONSBERG - MOOIBERGE ESTATE

Cashback/ Rental assist R85 992 * to investors
Bond and transfer fees included*
Head lease in place with UWC (University of Western Cape)
Shuttle service to UWC and secure on-site parking
High rental demand node, rapidly expanding

Simonsberg comprises of 106 stylish two-bedroom apartments and forms part of the larger Mooiberge Estate, a new residential suburb in Haasendal Kuils River.

The estate is ideally located for students as it is in close proximity to a number of medical facilities, and walking distance to Haasendal Gables shopping centre.

INVESTMENT BENEFITS
Fully tenanted, earn immediate rental income
Gross rental yields up to 8%
R85 992* in rental assist to investors
Bond and transfer fees included
Save up to R60 000 in transfer fees
No transfer duty payable
Buy directly from the developer
Up to 100% bond financing available
High rental demand node
Rental income from R6 800 to R7 300 per month
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
R10 000 reservation deposit required (refundable should financing not be approved)

APARTMENT FEATURES
Fibre installed to all units
Washing machine/dishwasher point in kitchen
Tiled throughout for low maintenance
Defy Slimline undercounter oven and solid hob
One full bathroom (Shower and bath)
Clever site design with natural lighting
Centralised, energy efficient, heat pump hot water system
Electricity meters to each apartment
Modern sanitary finishes
One secured parking bay per apartment
Building insurance covered by levy

DEVELOPMENT FEATURES
Access controlled security systems
Fibre connectivity
Clubhouse with swimming pool
Laundromat
Big screen television with DSTV
Braai Facilities
Outdoor gymnasium and kids' play areas
Full-time on-site caretaker
Electric fencing

Has Pool
Property Reference #: RL1666

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

Id Subtitle 1170248171
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 11,910
Total property loan amountR 1,099,000
Total interestR 1,759,386
Total repaymentR 2,858,386
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
Total Ads59
Active Ads59
Professional Seller
Seller stats
59Total Ads
776.32KTotal Views
Contact IGrow Wealth Investments (PTY) Ltd
083*******Show Number
Message
(4001)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.