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OWN THIS PROPERTY FROM R879 P/M* WITH NO TRANSFER DUTY!
R 729,000
Can I afford this?
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9 months ago1274 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):33
Parking:Covered
Description
UP TO R200,000 BELOW MARKET VALUE* IN BELLVILLE, CAPE TOWN, WESTERN CAPE
WHY INVEST IN THE BLOCK:
- FULLY TENANTED - earn income from registration
- Lowest monthly contributions guaranteed*
- Capitalise on Cape Town's exceptional property growth
- High demand rental node
- 97% Tenant paying rate in area
- Bond and transfer fees included - save up to R60 000
COME AND EXPERIENCE THE BLOCK LIFESTYLE :
One bed, one bath priced from R729 900
Two bed, one bath priced from R849 900
The Block Estate situated in Bellville, is a secure and well maintained complex, with easy access to public amenities & public transport. It offers 24hr security with biometric access control, kids play areas and communal gardens. For residents' benefit there is also a laundry facility and a convenience store in the estate. The Block is also Fibre & DSTV ready and comes with one allocated parking per unit.
INVESTMENT BENEFITS:
- Already tenanted - earn income from registration
- 97% Tenant paying rate in area
- 140% Average capital growth for Cape Town since 2013
- R65 196 rental assist to IGrow investors*
- Gross rental yields up to 13,4%
- Bond and transfer fees included
- Save up to R60 000 in transfer fees
- No transfer duty payable
- Up to 100% bond financing available
- Existing leases with rental income from R5 900 to R7 350 p/m
- 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
- R2 500 reservation deposit required (refundable should financing not be approved)
APARTMENT FEATURES:
- Spacious upmarket 1 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 guarantee on roof structures
- Building insurance covered by levy
This integrated housing project offers affordable mixed-tenure housing opportunities in a close proximity to public transport, opportunities of employment, and public amenities including schools, state hospitals and public libraries. It is also close to great fantastic tertiary institutions, with both the University of the Western Cape (UWC) and the Cape Peninsula University of Technology (CPUT) Bellville Campus only 1.2km's away, making this it ideal for families and students.
The Block DISCLAIMER IGrow makes no warranties, whether expressed or implied...
Property Reference #: RL1846
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
WHY INVEST IN THE BLOCK:
- FULLY TENANTED - earn income from registration
- Lowest monthly contributions guaranteed*
- Capitalise on Cape Town's exceptional property growth
- High demand rental node
- 97% Tenant paying rate in area
- Bond and transfer fees included - save up to R60 000
COME AND EXPERIENCE THE BLOCK LIFESTYLE :
One bed, one bath priced from R729 900
Two bed, one bath priced from R849 900
The Block Estate situated in Bellville, is a secure and well maintained complex, with easy access to public amenities & public transport. It offers 24hr security with biometric access control, kids play areas and communal gardens. For residents' benefit there is also a laundry facility and a convenience store in the estate. The Block is also Fibre & DSTV ready and comes with one allocated parking per unit.
INVESTMENT BENEFITS:
- Already tenanted - earn income from registration
- 97% Tenant paying rate in area
- 140% Average capital growth for Cape Town since 2013
- R65 196 rental assist to IGrow investors*
- Gross rental yields up to 13,4%
- Bond and transfer fees included
- Save up to R60 000 in transfer fees
- No transfer duty payable
- Up to 100% bond financing available
- Existing leases with rental income from R5 900 to R7 350 p/m
- 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
- R2 500 reservation deposit required (refundable should financing not be approved)
APARTMENT FEATURES:
- Spacious upmarket 1 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 guarantee on roof structures
- Building insurance covered by levy
This integrated housing project offers affordable mixed-tenure housing opportunities in a close proximity to public transport, opportunities of employment, and public amenities including schools, state hospitals and public libraries. It is also close to great fantastic tertiary institutions, with both the University of the Western Cape (UWC) and the Cape Peninsula University of Technology (CPUT) Bellville Campus only 1.2km's away, making this it ideal for families and students.
The Block DISCLAIMER IGrow makes no warranties, whether expressed or implied...
Property Reference #: RL1846
Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate
Id Subtitle 1220989673
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Estimated monthly repaymentR 7,901
Total property loan amountR 729,000
Total interestR 1,167,054
Total repaymentR 1,896,054
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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