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R679,000

Monthly Bond Repayment R7,008.56
Calculated over 20 years at 11% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,101
Monthly Rates
R929

Tradewinds: 1-Bedroom Apartments in Ferndale – Invest in Your Future!

Welcome to Tradewinds, your perfect entry into property investment! Located in the popular and vibrant area of Ferndale, Randburg in Johannesburg.

1 BEDROOM | 1 BATHROOM APARTMENTS - Affordable for first-time investors

- Neat & compact 36m2 | R679 00*
- Comfortable 44m2 | R799 000*
- Spacious 55m2 | R899 000*


FROM R679 000 TO R899 000


Offering immediate returns with tenants already in place, plus easy access to public transport, shopping centers, and excellent medical facilities. Perfect for young professionals and first-time investors looking for a secure and profitable investment opportunity.


TYPICAL 1 BED, 1 BATH UNIT - Type C 36m2


APARTMENT FEATURES AND PERKS:
- Streamlined kitchens with granite tops and built-in cupboards
- Quality built-in stove and oven with extractor fan
- Designated washing machine space
- Energy-saving LED lighting
- Bath with stainless steel mixers (with shower head fittings)
- Free-standing showers in larger units
- Practical built-in cupboard space
- Smart open-plan living with modern tiles throughout
- Balconies on all upstairs units
- Fully enclosed, paved courtyards for ground-floor units


INVESTMENT BENEFITS:
- Start earning immediately - tenants already in place
- Monthly contributions from below R2 000 per month*
- Up to R90 000 rental assist* exclusive to IGrow investors
- Rental management discount (3 to 5 years*)
- Earn instant income from registration
- Gross rental yields up to 13.41%
- Average rental income from R5 800* per month
- Bond and transfer fees included - saving you up to R65 000*
- Up to 100% bond financing available
- Tax strategy advice offered by IGrow Chartered Accountants
- Company & trust advice & setup through IGrow Trusts
- R5 000 reservation deposit required (refundable should financing not be approved)


DEVELOPMENT FEATURES:
- 24-Hour Manned Security
- Secure Basement Parking
- Pre-Paid Electricity
- On major public transport routes
- Communal Pool and Lapa for recreational enjoyment
- Elevators
- Wheelchair-friendly
- Not Pet-Friendly (only working dogs allowed)
- Fibre ready for fast internet connectivity


COMPREHENSIVE END-TO-END RENTAL MANAGEMENT SERVICES
- Tenant insurance to secure your rental income
- IGrow Rentals already managing your tenants for you
- Property maintenance services arranged for you

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
36m²
Extras
Wheelchair Accessible • Fibre • Lapa
 
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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

7,008.56

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