R12 000 RENTAL ASSIST TO INVESTORS

R 899,000

4 months ago821 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Parking:Covered
Description
Prime investment situated in The fastest growing suburb in Cape Town

2 BEDROOM, 1 BATHROOM APARTMENTS

This development promises fantastic capital appreciation, making it ideal to add to your investment property portfolio.

Projected income from R 87 600 + p/a
Apartments selling at R899 000


Occupation from end-2021
Prepaid electricity meters to all units
Water meters installed for accurate billing
Secure complex - access to Complex Patrols
Electrified perimeter wall
Burglar bars to all opening windows
Security gates installed to front doors
One secured parking bay per apartment
Ample visitors parking
Jungle gym and play area for children
Landscaped communal gardens
Tiled throughout
Full bathroom with bath and shower
Bathroom accessories provided
Curtain rails installed to bedrooms and lounge


Gross ROI of 9.74%
Transfer and bond fees included*
R12 000 Rental Assist to investors
Rental income projected from R6 800 per month (excluding rental assist)
Benefit from a 55% deduction through Section 13sex tax rebates
Up to 100% bond finance available
Strategic bond financing planning through IGrow Homeloans
High rental demand neighbourhood
Company Registration & Trust setup and advice through IGrow Trusts
Development Features
Occupation from end-2021
Prepaid electricity meters to all units
Water meters installed for accurate billing
Secure complex - access to Complex Patrols
Electrified perimeter wall
Burglar bars to all opening windows
Security gates installed to front doors
One secured parking bay per apartment
Ample visitors parking
Jungle gym and play area for children
Landscaped communal gardens
Tiled throughout
Full bathroom with bath and shower
Bathroom accessories provided
Curtain rails installed to bedrooms and lounge
Investment Overview


55% deduction through through Tax 13Sex
Only pay first bond installment from date of registration
R20 000 reservation deposit required to secure (refundable should finance not be approved)
Comprehensive End-to-End Rental Management
IGrow Rentals - Specialist in-house rental managers
Tenant vetting & placement
Rental collection
Ingoing & outgoing inspections
Maintenance service available

Property Reference #: RL1170

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

Id Subtitle 937583951
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Website: http://igrow.co.za
IGrow Wealth Investments (PTY) Ltd
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