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IDEALLY PRICED BUY-TO-LET INVESTMENT IN PRIME LOCATION!
R 1,176,890
Can I afford this?
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):45
Parking:Covered
Description
BELLVILLE - HIGH RENTAL DEMAND NODE
One bedroom apartments PRICED FROM R956 890
Two bedroom apartments PRICED FROM R1 176?890
High rental demand node
Bond and transfer fees included
Ideally priced buy-to-let investment
Up to R53 520 rental assist to investors
Deduct up to R670 945 against taxable income through Section 13sex tax incentives*
Secure on-site parking
Occupation from early 2024
The Radley is well situated in an established suburban neighbourhood, in the sought after Northern Suburbs of Cape Town.
The ideal central location offers easy access to major arterial routes, as well as the bustling Bill Bezuidenhout and Voortrekker Road. The business hubs of Parow and Bellville are in close proximity for the working professional, with an array of schooling systems such as The University of the Western Cape and Cape Peninsula University of Technology, nearby.
With only 59 units, the exclusivity of privacy in this development is unmatched! It offers one- and two-bedroom apartments with smart designs and top tier modern fittings. Enjoy scenic Table Mountain and Stellenbosch Mountain Views from the communal rooftop terrace fitted with braai facilities. More exciting benefits include: Access controlled security systems
One parking bay per apartment
Wheel-chair friendly with elevator
Walking distance to work opportunities and schools
On public transport routes
Take advantage of the view from the top and invest today in The Radley with transfer fees paid by the developer and additional rental assist to investors. Occupation is estimated from the early 2024.
COMPREHENSIVE END-TO-END RENTAL MANAGEMENT SERVICES
In-house rental agents and managers
Tenant vetting and placement services
Rental collection services
Ingoing and outgoing inspection services
Maintenance services available
Rental insurance available - secure your rental income
INVESTMENT BENEFITS
Gross rental yields up to 10,46%
Deduct up to R670 945 against taxable income through Section 13sex tax incentives*
Tenant insurance included for 12 months (Provide legal costs up to R120 000 in the event of eviction and covers 5 and half months rental loss)
Up to R53 520 rental assist to investors*
Bond and transfer fees included
Save up to R71 000 in attorney fees
Buy directly from the developer
Up to 100% bond financing available
High rental demand node
Rental income projected from R5 500 to R7 200 per month
IGrow Rentals will place and manage your tenant for you
Tenant insurance offered - secure your rental income
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)
Occupation projected from early 2024
APARTMENT FEATURES
Fibre installed to all units
Quartz kitchen countertops
Glass stove tops - energy saving
Washing machine/dishwasher point in kitchen
Tiled throughout for low maintenance
Clever site design with natural lighting
Certain two ...
Property Reference #: RL1726
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
One bedroom apartments PRICED FROM R956 890
Two bedroom apartments PRICED FROM R1 176?890
High rental demand node
Bond and transfer fees included
Ideally priced buy-to-let investment
Up to R53 520 rental assist to investors
Deduct up to R670 945 against taxable income through Section 13sex tax incentives*
Secure on-site parking
Occupation from early 2024
The Radley is well situated in an established suburban neighbourhood, in the sought after Northern Suburbs of Cape Town.
The ideal central location offers easy access to major arterial routes, as well as the bustling Bill Bezuidenhout and Voortrekker Road. The business hubs of Parow and Bellville are in close proximity for the working professional, with an array of schooling systems such as The University of the Western Cape and Cape Peninsula University of Technology, nearby.
With only 59 units, the exclusivity of privacy in this development is unmatched! It offers one- and two-bedroom apartments with smart designs and top tier modern fittings. Enjoy scenic Table Mountain and Stellenbosch Mountain Views from the communal rooftop terrace fitted with braai facilities. More exciting benefits include: Access controlled security systems
One parking bay per apartment
Wheel-chair friendly with elevator
Walking distance to work opportunities and schools
On public transport routes
Take advantage of the view from the top and invest today in The Radley with transfer fees paid by the developer and additional rental assist to investors. Occupation is estimated from the early 2024.
COMPREHENSIVE END-TO-END RENTAL MANAGEMENT SERVICES
In-house rental agents and managers
Tenant vetting and placement services
Rental collection services
Ingoing and outgoing inspection services
Maintenance services available
Rental insurance available - secure your rental income
INVESTMENT BENEFITS
Gross rental yields up to 10,46%
Deduct up to R670 945 against taxable income through Section 13sex tax incentives*
Tenant insurance included for 12 months (Provide legal costs up to R120 000 in the event of eviction and covers 5 and half months rental loss)
Up to R53 520 rental assist to investors*
Bond and transfer fees included
Save up to R71 000 in attorney fees
Buy directly from the developer
Up to 100% bond financing available
High rental demand node
Rental income projected from R5 500 to R7 200 per month
IGrow Rentals will place and manage your tenant for you
Tenant insurance offered - secure your rental income
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)
Occupation projected from early 2024
APARTMENT FEATURES
Fibre installed to all units
Quartz kitchen countertops
Glass stove tops - energy saving
Washing machine/dishwasher point in kitchen
Tiled throughout for low maintenance
Clever site design with natural lighting
Certain two ...
Property Reference #: RL1726
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Id Subtitle 1190973520
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RECALCULATE
Estimated monthly repaymentR 12,755
Total property loan amountR 1,176,890
Total interestR 1,884,080
Total repaymentR 3,060,970
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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