R 799,900

6 months ago965 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):58
We're excited to announce the launch of a brand-new development in Johannesburg: 304 on Main.

The leafy suburb of Ferndale, in the particularly pretty northern area of Johannesburg, lies close to some of the main business and entertainment areas just outside the Randburg CBD, close to the Cresta Centre, Brightwater Commons, the Monte Casino and The Dome. Thanks to its tree-lined streets and family-friendly atmosphere, Ferndale has an unassuming charm that gives it its own appeal.

Ferndale is packed with shops, restaurants and business parks, making this perfect for residents, young and old alike. Should the Gautrain be extended to Randburg, it would possibly mean that investment in Ferndale sectional title would create opportunities in a few years. Getting in early would ensure substantial capital appreciation over the next few years.

"Average property prices increased from R1.09 million in 2009 for a home to R2.05 million in 2019" - Property24

"Randburg is listed as one of the 8 'hottest' property investment areas in Gauteng"- Property24

Why invest in 304 On Main:
Investment Benefits
Gross ROI up to 10.05%, excluding Rental Assist
Prices below market value
Transfer and bond fees included*
Rental income projected from R5 500 to R7 000 (excl Rental Assist) per month
Benefit from a 55% deduction through Section 13sex tax rebates
Up to 100% bond financing available
Tenant vetting and placement assistance through IGrow Rentals
Occupation from end-2020
High rental demand area
Secure complex - access controlled
Ample secure parking

Comprehensive End-to-End Rental Management
IGrow Rentals - our in-house rental managers
Tenant vetting & placement
Rental collection
In-going & outgoing inspections
Maintenance service available

Investment Overview
100% bond financing available at all the major banks through IGrow Homeloans
Only pay first bond instalment on registration after occupation is tendered
R30 000 reservation deposit required to secure (refundable should finance not be approved)

Property Reference #: RL935

Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) LTD
99 Jip de Jager DriveWelgemoedThe Vineyards Of

Id Subtitle 721059658
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IGrow Wealth Investments (PTY) LTD
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