2 Bedroom Apartment For Sale in Parklands North

R1,135,000

Monthly Bond Repayment R11,715.34
Calculated over 20 years at 11% with no deposit.

Web Ref No RL2253

Unlock Investment Potential at The Residence – 2-Bed, 1-Bath Apartments!

Welcome to The Residence, an exceptional property investment opportunity in Cape Town’s most dynamic growth corridor. Located in the highly popular Parklands North area, this completed development offers immediate rental income potential in one of the Western Cape’s highest-demand rental markets.

Discover 2-bedroom apartments beautifully designed for modern living, combining environmental consciousness with investment excellence.

2 BEDROOM | 1 BATHROOM APARTMENTS - Priced from R1 135 000
2 BEDROOM | 2 BATHROOM APARTMENTS- Priced from R1 235 000

LAUNCH SPECIAL OFFERS!
Reservation Deposit - Zero reservation deposit required
Rental Management - First 25 x 2B2B buyers receive 1 year FREE rental management
Rental Assist - Exclusive R60,000 rental assist** for IGrow investors
Home Buyer’s Assistance - Primary residence receive a R25 000 appliance voucher on registration

PREMIUM INVESTMENT BENEFITS:
- Start earning immediately – Already tenanted
- Exclusive R60,000 rental assist** for IGrow investors
- Bond and transfer fees included – Saving of up to R73 000!*
- Up to 100% bond financing available through
- IGrow Home loans
- Projected rental income from R8,780 to R9,280 per month
- EDGE-certified green building status, encouraging
- preferential bank rates
- Building insurance covered by levy
- Sustainable features reducing tenant utility costs
- Solar geysers for all units

APARTMENT FEATURES:
- White Caesarstone kitchen countertops
- Built-in oven and hob
- Modern bathroom with shower
- Built-in cupboards for sleek storage
- Washing machine / dishwasher connection
- Stylish tiled flooring
- Balconies for all units
- Certain ground floor units with private gardens
- DSTV and fiber-ready
- Prepaid electricity and water meters
- Cost saving solar water heating system
- Clever design with natural lighting

BENEFITS OF EDGE CERTIFICATION
- Faster, More Secure Transactions
- Attractive Financing Option
- Lower Operating Costs
- Higher Rental Income
- Increased Property Value
- Environmental Responsibility

COMPREHENSIVE RENTAL MANAGEMENT
- Professional tenant vetting and placement
- Dedicated rental collection services
- Regular property inspections
- Full maintenance coordination service
- Rental insurance available to protect your income

Features

Bedrooms 2
Security Yes
Bathrooms 1
Recep. Rooms 1
Floor Size 56m²
Carports/Parkings 1
Pets Allowed Yes
Monthly Rates R397.00
Monthly Levy R886.00