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R799,000

0 BlackBrick Bedford, 24 Johnson Rd

Monthly Bond Repayment R8,658.82
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability

Monthly Levy
R790
Monthly Rates
R275
BlackBrick Bedford

Studio and 1 Bedroom apartments in BlackBrick Bedford

Rental Assist exclusive to IGrow Investors (R24 480 for Studio apartments & R36 480 for 1 Bedroom apartments)
Resulting in minimal monthly shortfall contributions towards your investment

NO TRANSFER FEES | NO BOND REGISTRATION FEES
OWN FROM ONLY R6,003 PM* | *CALCULATED AT 8.25% OVER 30 YEARS
R10 000 DEPOSIT

SMALLER PERSONAL SPACE BIGGER FACILITIES
Times are ever-changing, and the youth who drive our economy have different lifestyle needs. It's all about smart-designed smaller spaces with a bigger emphasis on communal and social amenities. This provides the lock-up-and-go flexibility they need, reducing living costs and creating efficient mobility. This is the generation of Micro Living.

THE BENEFITS SPEAK FOR THEMSELVES
Micro living offers property searchers convenient access to more central living locations with lower rates, compared to
traditional and overpopulated housing in city centers.

Great for investor portfolio diversification. Ideal for investors looking for a low-risk, lock-up-and-go lifestyle, corporate
crash-pad or short-term rental property - particularly when paired with the minimal maintenance required.

Investment benefits
- Shortfalls below R800 per month*
- Occupation from beginning 2024
- Gross rental yields up to 11,76%
- Rental income projected from R7 750 to R9 750 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Deduct up to R602 250 against taxable income through Section 13sex tax incentives*
- Buy directly from the developer
- Tenant insurance offered - secure your rental income
- IGrow Rentals will place and manage your tenant for you
- No transfer duty payable
- 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)

Apartment Features
- Fibre installed to all units
- Quartz kitchen countertops
- Ceramic glass hob
- Washing machine/dishwasher point in kitchen
- Tiled throughout for low maintenance (600 x 600 tile)
- Clever site design with natural lighting
- Centralised, energy efficient, heatpump hot water system
- Hot and cold water meters installed to each apartment
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Building insurance covered by levy

Features

0.5
0
Interior
Bedrooms
0.5
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
22m²
Extras
Padel Tennis  • Pool Clubhouse  • Outdoor Cinema  • Co-working Spaces  • Running Trail  • Private Garden  • Security  • Dining in building  • Washing Machine Connection
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

8,658.82

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