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R669,000

Monthly Bond Repayment R7,250.00
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R564
Monthly Rates
R207

Ideally priced buy-to-let investment

Just as a compass pulls you towards a magnetic field, discover your True North through this magnetic new development. This exciting new development is located in a leafy and well-established area in Sinoville, Pretoria. It will comprise of 363 one- and two bedroom apartments situated over 3 floors with the launch price from only R669 000. It offers great lifestyle amenities in the heart of the estate, and showcases generous open spaces to relax, and kid-friendly play areas. This family estate provides exclusivity by utilising well spaced out, smaller apartment blocks.

Investment benefits
- Gross rental yields up to 11.31%
- Up to R54 720 rental assist*
- Buy 5 and claim up to R2 527 250 in tax incentives*
- Bond and transfer fees included (excl bank initiation fee)
- Save up to R67 000 in attorney fees
- No transfer duty payable
- Buy directly from the developer
- Up to 100% bond financing available
- High rental demand node
- Rental income projected starting from R5 200 to R6 600 per month
- Low monthly levies
- 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)

Apartment Features
- Sunny north facing apartments
- Fibre installed to all units (activation fee excluded)
- Granite kitchen countertops
- Built-in oven and hob
- Built-in cupboards to bedrooms and kitchens
- Aluminium windows and sliding doors for low maintenance
- Tiled throughout for low maintenance
- 100 litre geysers fitted to each apartment
- Water meters installed to each apartment for accurate billing
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Building insurance covered by levy
- Two bedroom apartments come with a full bathroom
- Patio's / balconies to two bedroom apartments
- One covered parking bay per apartment

Development features
- Well designed village styled individual blocks of 12 apartments each
- Large landscaped garden areas
- Communal braai facilities and kids play areas
- 24 hour manned security within levy
- Access control with guardhouse facilities
- Perimeter wall with electrified fencing
- Centrally located to all amenities
- Well established neighbourhood
- On public transport routes

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
34m²
 
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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

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%

Monthly Payment

7,250.00

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