LOCATED IN THE POPULAR SUBURB OF LYNNWOOD

R 1,229,900

Can I afford this?
1 year ago910 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):47
Parking:Covered
Description
FIRST-OF-ITS-KIND DEVELOPMENT IN LYNNWOOD

Exclusive to IGrow - STRUCTURED FINANCIAL SOLUTION!
Transcend your way of living and unlock a world within where unrivalled facilities compliment your day and centre your being. All apartments have access to the variety of on-site amenities to offer all residents the utmost convenience in today's fast paced lifestyle.

Studio, one and two bedroom apartments SELLING FROM R684 900

Bond and transfer fees included
Save up to R60 000 in attorney fees
Occupation from February 2023
No transfer duty
Award-winning developer
Within 15min from everything
Fully functional hotel style apartments and facilities

INVESTMENT BENEFITS
Immediate occupation and rental income
Up to R124 348 cashback* to investors (excl short-term rentals)
Invest in high capital growth node at below market value
Bond and transfer fees included (excl bank initiation fee)
Save up to a R60 000* in attorney fees
Up to 100% bond financing available
Deduct up to R912 945 against taxable income through Section 13sex tax incentives*
No transfer duty payable
Buy directly from the developer
Consistent high rental yield neighbourhood
Gross rental yields up to 11.48%
IGrow Rentals will 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

DEVELOPMENT FEATURES
Key-less access control systems
Back-up generator
Free fibre (included in levy)
Manned guardhouse
CCTV monitoring
Gated suburb (in-process)
On-site Cafe
Reception and concierge services
Lounge areas
Co-working pods
Gym facilities
Weight studio
Squash court
Yoga studio
Cinema
Entertainment emporium
Arcade
Apart-hotel (Airbnb friendly - excluded from investor cashback*)
Views overlooking the conservation
Laundromat

APARTMENT FEATURES
Fibre ready (included in levy)
Tiled-throughout for low and easy maintenance
Granite counter tops
One plumbing point in kitchen for washing machine or dishwasher
Oven, hob and extractor fan included
Built-in cupboards throughout
Pre-paid electrical meters
Individual water meters

Property Reference #: RL1655

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

Id Subtitle 1166735586
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RECALCULATE
Estimated monthly repaymentR 13,329
Total property loan amountR 1,229,900
Total interestR 1,968,944
Total repaymentR 3,198,844
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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