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R795,000

Monthly Bond Repayment R7,804.06
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,210
Monthly Rates
R350
Sectional Title Levy
R1,210
Noah's Village

2 Bedroom Sectional Title For Sale in Pomona

Invest in a prime location in Pomona in Kempton Park, offering high rental demand!
Security development with apartments and single storey homes
Clubhouse with pool, sportsfield and children's play area
Bond and transfer fees included*
55% tax write-off through section 13sex SARS incentive

INVESTMENT BENEFITS
Gross return on investment up to 12.15% (including 36 month Rental Assist)
IGrow Rental Assist to the value of R20 000 over 3 years
Transfer and bond fees included*
Projected income from 82 260 to R100 260 per year (including Rental Assist)
Up to 100% bond financing available
Area with well-designed infrastructure and transport routes
Close to a variety of excellent schools
Plenty of recreational amenities surrounding the area
Strong rental demand for apartments in this neighbourhood
IGrow Wealth Plan and Software incl with a purchase in Noah's Village
Comprehensive End-to-End Rental Management
IGrow Rentals - our in-house rental managers
Tenant vetting & placement
Rental collection
Ingoing & outgoing inspections
Maintenance service available

INVESTMENT OVERVIEW
100% bond financing available at all the major banks through IGrow Homeloans
Only pay first bond instalment on registration after occupation is tendered
R35 000 reservation deposit required to secure (refundable should finance not be approved)
Apartments selling from:
R795 000
Projected annual income:
R81 600 p/a

Apartments with 2 bedrooms & 1 full bathroom
Ground floor units R799 000
First floor units R795 000
Second floor units R795 000
Projected annual rental income: From R93 600 (from occupation, excluding Rental Assist)

Semi-detached single storey homes with 2 bedrooms & 1 full bathroom
Priced at R825 000
Projected annual rental income from R100 260 (from occupation, including Rental Assist)
1 covered parking bay with own private garden

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Views
Yes
Sizes
Floor Size
62m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Igrow Wealth Investments website is accurate and up to date, Igrow Wealth Investments 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

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

7,804.06

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