The Grove Now Selling From R865 000 - Brand New Investment Opportunity in Parklands North

R 865,000

5 months ago1204 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):55
Parking:Covered
Description
Prime Investment located in the Brand New Commercial Corner

THE GROVE

Parklands has been a popular suburb with renters since it was established in 1997. With a lifestyle they desire, at rental prices they can afford, the area attracts new tenants every day.

The Grove brings a unique experience to Parklands and offers residents to enjoy all the convenience life needs at their doorstep. The anchor tenant will be Spar Retail Store with various banks already signed up to place ATM's within the commercial component.

INVESTMENT BENEFITS

* FREE Platinum Membership for 1 year
* FREE Wealth Plan to the value of R9 995
* R16 600 Rental Assist for investors
* Gross ROI up to 9.68%
* Transfer and bond fees included* (Save up to R61 000 in costs)
* Up to 100% bond finance available
* Rental income projected from R6 800 per month (excluding rental assist)
* Offset 55% of the purchase price through Section 13sex tax rebates
* High rental demand neighbourhood
* Company Registration & Trust setup and advice through IGrow Trusts
* Property tax strategies by IGrow Chartered Accountants
* Only R10 000 Reservation deposit required (Refundable*)

DEVELOPMENT FEATURES
- Occupation from mid-2021
- Prepaid electricity meters for all units
- Water meters installed for accurate billing
- Secure complex - Electrified perimeter wall
- Granite kitchen tops
- Bathroom with large shower
- 1 covered parking bay
- Ample visitors parking
- Clubhouse & braai facilities
- Fibre Ready

COMPREHENSIVE END-TO-END RENTAL MANAGEMENT
* IGrow Rentals - our in-house rental managers
* Tenant vetting & placement
* Rental collection
* Ingoing & outgoing inspections
* Maintenance service available

Visit IGrow Wealth Investment's website for a comprehensive breakdown of all our buy-to-let properties and to book your Free Consultation today!!!

VARIOUS TYPES OF 2 BEDROOM 1 BATHROOM APARTMENTS AVAILABLE FOR SALE:

TYPE C1 & B1 | From R865 000
* Unit Size 55m2
* No Balcony
* Projected Monthly Rates at R272
* Projected Monthly Levy - R1 100

TYPE C2 & B2 | From R899 000
* Unit Size 62m2
* Balcony 2 - 7 m2
* Projected Monthly Rates at R288
* Projected Monthly Levy - R1 360

TYPE D | From R1 075 000
* Unit Size 76m2
* Balcony 7 m2
* Projected Monthly Rates at R373
* Projected Monthly Levy - R1 660

TYPE E | From R1 199 000
* Unit Size 81m2
* Balcony 10 m2
* Projected Monthly Rates at R432
* Projected Monthly Levy - R1 820

TYPE A | From R1 285 000
* Unit Size 91m2
* Balcony 17 m2
* Projected Monthly Rates at R474
* Projected Monthly Levy - R2 160

Contact us to book your FREE CONSULTATION with a property investment strategist where we talk more in-depth about how you can achieve financial freedom through investing in property.

Property Reference #: RL1242

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

Id Subtitle 937580293
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Website: http://igrow.co.za
IGrow Wealth Investments (PTY) Ltd
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