Monthly Bond Repayment R7,314.64
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL1648
Ideally priced buy-to-let investment - Rental assist now up to R78 360* valid until 30 November 2024
Just as a compass pulls you towards a magnetic field, discover your True North through this magnetic new development. This exciting new development is located in a leafy and well-established area in Sinoville, Pretoria. It will comprise of 363 one- and two bedroom apartments situated over 3 floors with the launch price from only R685 900. It offers great lifestyle amenities in the heart of the estate, and showcases generous open spaces to relax, and kid-friendly play areas. This family estate provides exclusivity by utilising well spaced out, smaller apartment blocks.
Investment benefits - Gross rental yields up to 12.80% - Up to R78 360 rental assist to investors* - Buy 5 and claim up to R2 576 475 in tax incentives* - Bond and transfer fees included (excl bank initiation fee) - Save up to R67 000 in attorney fees - No transfer duty payable - Buy directly from the developer - Up to 100% bond financing available - High rental demand node - Rental income projected starting from R5300 - R6700 p/m - Low monthly levies - 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 - R10 000 reservation deposit required (refundable should financing not be approved) - Move in ready apartments available
Apartment Features - Sunny north facing apartments - Fibre installed to all units (activation fee excluded) - Granite kitchen countertops - Built-in oven and hob - Built-in cupboards to bedrooms and kitchens - Aluminium windows and sliding doors for low maintenance - Tiled throughout for low maintenance - 100 litre geysers fitted to each apartment - Water meters installed to each apartment for accurate billing - Pre-paid electricity meters to each apartment - Modern sanitary finishes - Building insurance covered by levy - Two bedroom apartments come with a full bathroom - Patio's / balconies to two bedroom apartments - One covered parking bay per apartment
Development features - Well designed village styled individual blocks of 12 apartments each - Large landscaped garden areas - Communal braai facilities and kids play areas - 24 hour manned security within levy - Access control with guardhouse facilities - Perimeter wall with electrified fencing - Centrally located to all amenities - Well established neighbourhood - On public transport routes