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R999,000

Monthly Bond Repayment R9,475.68
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R650
Monthly Rates
R231
1 Old Oak

ALL BOND AND TRANSFER FEES INCLUDED! BUY DIRECT

Prime investment in Bellville, Cape Town
1 & 2 BEDROOM APARTMENTS IN A GREAT LOCATION
Bellville, in the northern suburbs, wants to package itself as the city within a city and attract investors, especially those interested in affordable housing.

Called Cape Town's second city, it is growing fast in sectors such as health, tertiary education and small businesses. Bellville has become the biggest development in the city. It sits perfectly on the busiest interchange. Bellville's public transport interchange does 400 000 trips daily.

Massive Rental demand in Bellville
Prices start at a mere R799 000 - unmatched in this area - which makes this development ideal to add to your property portfolio.

Investment Benefits
Gross ROI up to 8.71%
Prices below market value
Transfer and bond fees included*
Rental income projected from R5 800 to R7 500 per month
Benefit from a 55% deduction through Section 13sex tax rebates
Up to 100% bond financing available
Tenant vetting and placement assistance through IGrow Rentals
Occupation from mid-2021
High rental demand - need for affordable housing
Secure complex - biometric access at all gates
Ample parking

Investment Overview
55% deduction through through Tax 13Sex
Only pay first bond instalment on registration after occupation is tendered
R10 000 reservation deposit required to secure (refundable should finance not be approved)

Comprehensive End-to-End Rental Management
IGrow Rentals - our in-house rental managers
Tenant vetting & placement
Rental collection
Ingoing & outgoing inspections
Maintenance service available

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Views
Yes
Sizes
Floor Size
32m²
 
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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

9,475.68

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