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R1,176,890

Monthly Bond Repayment R12,754.04
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Monthly Levy
R826.0
Monthly Rates
R366
THE RADLEY

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

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
45m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Igrow Group website is accurate and up to date, Igrow Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

12,754.04

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