Fully Tenanted - Ideal Location - Invest Below Market Value

R 1,149,000

Can I afford this?
1 year ago776 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):33
Parking:Covered
Description
Investment Benefits and Return on Investment:
- Fully tenanted
- Rental Assist exclusive to IGrow investors
- Invest in high capital growth node at below market value
- Bond and transfer fees included (excl bank initiation fee)
- Save up to a further R60 000* in attorney fees
- Up to R150 900 rental assist* to investors
- Up to 100% bond financing available
- No transfer duty payable
- Buy directly from the developer
- Consistent high rental yield neighbourhood
- 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
- Gross rental yields up to 13.89%

Apartment features:
- Luxurious studio, one- and two-bedroom apartments
- Balconies to selected units
- Fibre installed to all units (20mb uncapped line included in levy)
- Granite kitchen countertops and top cupboards
- Built-in oven and hob
- Modern finishes throughout kitchen and bathrooms
- Tiled throughout for low maintenance
- Hot water heating system
- Water meters installed to each apartment for accurate billing
- Pre-paid electricity meters to each apartment
- Secure on-site parking
- Building insurance covered by levy

Development features:
- Boardroom & work pods
- Wi-Fi available
- Generator onsite
- Water reserve tank
- 24hr Security with CCTV surveillance
- Biometric access control
- Cinema room
- Garden & pool area
- Braai facilities
- Laundry facilities
- Walking distance to Gautrain Station
- Reception

Invest within The Bolton as it achieves an industry first in transforming a rental-only model into a sectional title ownership opportunity.
Rosebank is an established Johannesburg suburb that is on an upward trajectory. Upgrades to the suburb's infrastructure has been valued at R7 billion with the focus on developing a walkable precinct with interactive public spaces. This has led to developers, head offices and retail giants contributing to a vibrant, electric landscape. The Bolton is placed at the centre of it all, leading the way for residential developments in the area and creating a 15-minute neighbourhood offering convenience and easy access routes to transport systems. People want to live where they can access their daily necessities with ease and Rosebank has established itself as a 2km suburb. When investing in property, it's important to note what is most important to those moving to Rosebank and how easily they can access these amenities.

Property Reference #: RL1621

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

Id Subtitle 1148468320
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Estimated monthly repaymentR 12,452
Total property loan amountR 1,149,000
Total interestR 1,839,431
Total repaymentR 2,988,431
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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