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GREAT OPPORTUNITY FOR INVESTORS. DOUBLE STORY APARTMENTS
R 1,450,000
Can I afford this?17 Photo(s)
1 year ago854 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):44
Parking:Covered
Description
Investment Benefits and Return on Investment:
- Located in the affluent business node of Rosebank
- High generating income potential through Airbnb opportunity
- Fully tenanted, generating income for investors
- Airbnb friendly
- Up to R173 568 rental assist* to investors
- Furniture pack available
- Bond and transfer fees included (excl bank initiation fee)
- Fully functional hotel style facilities
- Generator onsite – bypassing loadshedding
- 20mb uncapped line per apartment included in levy
- High rental demand – Exceptional good standing ratio
- Gross rental yields up to 13.13%
Apartment features:
- One and two bedroom double story apartments
- Balconies to selected units
- Fibre installed to all units (20mb uncapped line included in levy)
- Granite kitchen countertops and top cupboards
- Built-in oven and hob
- Modern finishes throughout kitchen and bathrooms
- Tiled throughout for low maintenance
- Hot water heating system
- Water meters installed to each apartment for accurate billing
- Pre-paid electricity meters to each apartment
- Secure on-site parking
- Building insurance covered by levy
Development features:
- Boardroom & work pods
- Wi-Fi available
- Generator onsite
- Water reserve tank
- 24hr Security with CCTV surveillance
- Biometric access control
- Cinema room
- Garden & pool area
- Braai facilities
- Laundry facilities
- Walking distance to Gautrain Station
- Reception
Invest within The Bolton as it achieves an industry first in transforming a rental-only model into a sectional title ownership opportunity.
Rosebank is an established Johannesburg suburb that is on an upward trajectory. Upgrades to the suburb's infrastructure has been valued at R7 billion with the focus on developing a walkable precinct with interactive public spaces. This has led to developers, head offices and retail giants contributing to a vibrant, electric landscape. The Bolton is placed at the centre of it all, leading the way for residential developments in the area and creating a 15-minute neighbourhood offering convenience and easy access routes to transport systems. People want to live where they can access their daily necessities with ease and Rosebank has established itself as a 2km suburb. When investing in property, it's important to note what is most important to those moving to Rosebank and how easily they can access these amenities.
Property Reference #: RL1621
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
- Located in the affluent business node of Rosebank
- High generating income potential through Airbnb opportunity
- Fully tenanted, generating income for investors
- Airbnb friendly
- Up to R173 568 rental assist* to investors
- Furniture pack available
- Bond and transfer fees included (excl bank initiation fee)
- Fully functional hotel style facilities
- Generator onsite – bypassing loadshedding
- 20mb uncapped line per apartment included in levy
- High rental demand – Exceptional good standing ratio
- Gross rental yields up to 13.13%
Apartment features:
- One and two bedroom double story apartments
- Balconies to selected units
- Fibre installed to all units (20mb uncapped line included in levy)
- Granite kitchen countertops and top cupboards
- Built-in oven and hob
- Modern finishes throughout kitchen and bathrooms
- Tiled throughout for low maintenance
- Hot water heating system
- Water meters installed to each apartment for accurate billing
- Pre-paid electricity meters to each apartment
- Secure on-site parking
- Building insurance covered by levy
Development features:
- Boardroom & work pods
- Wi-Fi available
- Generator onsite
- Water reserve tank
- 24hr Security with CCTV surveillance
- Biometric access control
- Cinema room
- Garden & pool area
- Braai facilities
- Laundry facilities
- Walking distance to Gautrain Station
- Reception
Invest within The Bolton as it achieves an industry first in transforming a rental-only model into a sectional title ownership opportunity.
Rosebank is an established Johannesburg suburb that is on an upward trajectory. Upgrades to the suburb's infrastructure has been valued at R7 billion with the focus on developing a walkable precinct with interactive public spaces. This has led to developers, head offices and retail giants contributing to a vibrant, electric landscape. The Bolton is placed at the centre of it all, leading the way for residential developments in the area and creating a 15-minute neighbourhood offering convenience and easy access routes to transport systems. People want to live where they can access their daily necessities with ease and Rosebank has established itself as a 2km suburb. When investing in property, it's important to note what is most important to those moving to Rosebank and how easily they can access these amenities.
Property Reference #: RL1621
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Id Subtitle 1148468320
View More
Website: http://igrow.co.za
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Estimated monthly repaymentR 15,714
Total property loan amountR 1,450,000
Total interestR 2,321,301
Total repaymentR 3,771,301
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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