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R865,000

Monthly Bond Repayment R8,347.44
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R261
Sectional Title Levy
R950
Thornwood Place

ALL BOND AND TRANSFER FEES INCLUDED! BUY DIRECT

BUY DIRECT FROM DEVELOPER - BRAND NEW WITH ALL WARRANTIES AND GUARANTEES
Prime investment in upmarket Parklands, Cape Town
MODERN 2-BEDROOM APARTMENTS IN PARKLANDS
EXCEPTIONAL CAPITAL GROWTH EXPERIENCED

Parklands is one of the fastest growing residential suburbs in Cape Town. With the high demand for properties in the area, similar properties are currently being sold for R2 500 per square meter more than these Thornwood Place apartments.

Gross return on investment up to 10.29%
Prices below market value
R10 000 Rental Assist to investors
Transfer and bond fees included*
Rental income projected from R7 000p/m
Benefit from a 55% deduction through Section 13sex tax rebates
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

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
R40 000 reservation deposit required to secure (refundable should finance not be approved)

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
61m²
 
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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.

R
R

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

8,347.44

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