Upmarket, spacious studio and 2 bedroom apartments in the popular Menlo Park, Pretoria, Gauteng

R 1,574,000

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5 months ago299 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):70
Parking:Covered
Description
ONLY 2 UNITS LEFT!

2 Bedroom 2 Bathroom First floor priced from R1 ?574?000, Ground floor from R1? 674?000.

Club JunXion is an ultra modern development offering studio & 2 bedroom apartments with trendy finishes and covered parking bays. Stroll along beautiful waterwise landscaping, or enjoy your private garden exclusive to ground floor units. The development offers electrified perimeter fencing, access controlled entry and exit point as well as guardhouse facilities, so you can rest easy!

Superbly central, residents have easy access to routes between Pretoria and Menlyn CBD, with Menlyn Office District, Pretoria Country Club, Faerie Glen Nature Reserve, the National Botanical Gardens and the N1 just minutes away. Popular nearby institutions include Pearson Institute of Higher Education, Menlopark High and The University of Pretoria.The development also offers up to R235 174 in discounts to cash investors.*

Investment benefits
- Buy directly from the developer
- Gross rental yields up to 9,93%
- R24 000 rental assist on the 2 bedroom option
- Rental income projected from R8 600 to R12 900 per month
- Bond and transfer fees included (Save up to R71 000 in fees!)
- Up to 100% bond financing available
- Deduct up to R890 450 against taxable income through Section 13sex tax incentives*
- Up to R235 174 in discounts to cash buyers*
- Tenant insurance offered - secure your rental income
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- Only R10 000 securing deposit (refundable should financing not be approved)

Apartment Features
- Spacious studio and 2 bedroom options to choose from
- Private gardens to ground floor apartments
- Fibre ready with satellite dish point to each apartment
- 2 covered parking bays for 2 bedroom apartments
- 1 Covered parking bay for studio apartments
- Natural quarts kitchen countertops
- Electric oven with ceran hob and extractor fan
- Washing machine and dishwasher points in kitchen
- Tiled throughout
- Smart metering for water and electricity
- Ultra modern fittings and sanitary finishes
- Building insurance covered by levy
- 5 year NHBRC warranty

Development features
- Exclusive 24 unit development
- Excellent location - very central to all amenities
- Walking distance to public transport
- Guardhouse facilities
- Electrified boundary wall
- Access control systems
- High rental demand neighbourhood
- Steady capital appreciation experienced
- Developer with good track record
- Multiple choice of educational facilities for all ages

Property Reference #: RL1564

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

Id Subtitle 1246228318
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Estimated monthly repaymentR 17,058
Total property loan amountR 1,574,000
Total interestR 2,519,812
Total repaymentR 4,093,812
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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