Web Ref No RL1854

Two bedroom, one bathroom luxury apartments SELLING FROM R1,359,000
Langeberg Glen, bordering Durbanville, Cape Town

Occupation mid 2025
97% Tenant paying rate in area
14% Average capital growth p/a since 2013
R70 320 rental assist to investors*
No transfer duty
No transfer and bond costs
Save up to R72 000 in attorney fees

INTRODUCING OAKLEAF PLACE:
AN EXCLUSIVE INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS LANGEBERG GLEN AREA OF CAPE TOWN'S NORTHERN SUBURBS. THESE LUXURIOUS 2-BEDROOM, 1 BATHROOM APARTMENTS OFFER SOPHISTICATED YET COSMOPOLITAN DESIGN, PERFECT FOR THOSE SEEKING THE ULTIMATE IN LUXURY LIVING.

But that's not all - with easy access to a host of amenities including shopping centres, gyms, schools, and healthcare facilities, Oakleaf Place offers unparalleled convenience for residents. Investors can take advantage of our special offer with bond and transfer fees included, as well as a 55% deduction against taxable income for those expanding their section 13sex investment portfolio.

Construction is set to begin in mid-2024, with the first occupants expected to move in mid 2025. With only a limited number of units available, Oakleaf Place presents a unique opportunity for investors to maximize their capital growth and rental income. Don't miss out on this exceptional investment opportunity. Invest in Oakleaf Place today and experience the pinnacle of luxurious living in the Northern Suburbs of Cape Town.

INVESTMENT BENEFITS
- R70 320 rental assist to investors*
- Gross rental yields up to 10,88%
- Bond and transfer fees included
- Buy directly from the developer
- Up to 100% bond financing available
- Rental income from R9 250 to R9 750 per month
- Deduct up to R769 450 of the purchase price against taxable income through Section 13sex
- IGrow Rentals will place and manage your tenant for you
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- R20 000 reservation deposit required (refundable should financing not be approved)

APARTMENT FEATURES
* Spacious upmarket 2 bedroom, 1 bathroom apartments
* Built-in -braai's to spacious patio/balconies
* Exclusive use garden areas to all ground floor apartments
* Fibre installed to all units
* Front door security gate and burglar bars
* Washing machine/dishwasher point in kitchen
* Tiled throughout for low maintenance
* Built-in slimline oven with gas hob
* Granite kitchen countertops
* One full bathroom (Shower and bath)
* Clever site design with natural lighting
* Smart water meters
* 100 litre geyser to each apartment
* Pre-paid electrical meters
* Modern sanitary finishes
* One secured open parking bay per apartment
* 5 year NHBRC Warranty
* 12 months gaurantee on roof structures
* Building insurance covered by levy

DEVELOPMENT FEATURES
- Views over Boland mountain range
- Walking distance to many amenities & shops
- On public transport routes
- Last opportunity to purchase in this high capital growth node
- Guardhouse facilities
- Ample visitors parking bays
- Fibre ready apartments
-Electric fencing on top of boundary wall
- Tiled roof coverings - less maintenance
- External geysers - easy access & maintenance