Monthly Bond Repayment R12,754.04
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL1726
IDEALLY PRICED BUY-TO-LET INVESTMENT IN PRIME LOCATION!
BELLVILLE - HIGH RENTAL DEMAND NODE
One bedroom apartments PRICED FROM R956 890 Two bedroom apartments PRICED FROM R1 176 890
High rental demand node Bond and transfer fees included Ideally priced buy-to-let investment Up to R53 520 rental assist to investors Deduct up to R670 945 against taxable income through Section 13sex tax incentives* Secure on-site parking Occupation from early 2024
The Radley is well situated in an established suburban neighbourhood, in the sought after Northern Suburbs of Cape Town.
The ideal central location offers easy access to major arterial routes, as well as the bustling Bill Bezuidenhout and Voortrekker Road. The business hubs of Parow and Bellville are in close proximity for the working professional, with an array of schooling systems such as The University of the Western Cape and Cape Peninsula University of Technology, nearby. With only 59 units, the exclusivity of privacy in this development is unmatched! It offers one- and two-bedroom apartments with smart designs and top tier modern fittings. Enjoy scenic Table Mountain and Stellenbosch Mountain Views from the communal rooftop terrace fitted with braai facilities. More exciting benefits include: Access controlled security systems
One parking bay per apartment Wheel-chair friendly with elevator Walking distance to work opportunities and schools On public transport routes Take advantage of the view from the top and invest today in The Radley with transfer fees paid by the developer and additional rental assist to investors. Occupation is estimated from the early 2024.
COMPREHENSIVE END-TO-END RENTAL MANAGEMENT SERVICES In-house rental agents and managers Tenant vetting and placement services Rental collection services Ingoing and outgoing inspection services Maintenance services available Rental insurance available - secure your rental income
INVESTMENT BENEFITS Gross rental yields up to 10,46% Deduct up to R670 945 against taxable income through Section 13sex tax incentives* Tenant insurance included for 12 months (Provide legal costs up to R120 000 in the event of eviction and covers 5 and half months rental loss) Up to R53 520 rental assist to investors* Bond and transfer fees included Save up to R71 000 in attorney fees Buy directly from the developer Up to 100% bond financing available High rental demand node Rental income projected from R5 500 to R7 200 per month IGrow Rentals will place and 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) Occupation projected from early 2024
APARTMENT FEATURES Fibre installed to all units Quartz kitchen countertops Glass stove tops - energy saving Washing machine/dishwasher point in kitchen Tiled throughout for low maintenance Clever site design with natural lighting Certain two bedroom apartments come with large balconies with two sliding doors Centralised, energy efficient, heat pump hot water system Hot and cold water meters installed to each apartment Electricity meters to each apartment Modern sanitary finishes One secured parking bay per apartment Building insurance covered by levy
DEVELOPMENT FEATURES Access controlled security systems Wheel-chair friendly with elevator Rooftop terrace with majestic views Play area for children Braai facilities on rooftop terrace Walking distance to work opportunities & schools On public transport routes Fibre ready 5 year NHBRC warranty