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R1,275,000

Monthly Bond Repayment R12,944.17
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,270
Monthly Rates
R1,254

Invest in More Space – Limited 2-Bedroom, 2-Bathroom Apartments Now Selling at The Aura

Designed in the Spirit of Tranquil Estate Living

This estate makes an excellent investment as it is guaranteed to be highly popular with tenants who want a great lifestyle, state-of-the-art security, and easy access to opportunities for work and play.

It is situated in Northgate, Randburg close to beautiful 55ha Golden Harvest Park, well-loved by dog walkers, picnickers, water sports and park run enthusiasts. The development is a stones-throw from work major commute routes, schools, hospitals, and the Northgate Mall with its popular ice rink.

For those who prefer their activities in their backyard, the estate is designed in the spirit of tranquil estate living with environmentally sensitive indigenous gardens, scenic pond, sparkling pools, a trendy clubhouse, and gym.

Priced from R799,000

Up to R109,200 in Rental Assist exclusive to IGrow investors**
High rental demand area
Access to premium amenities

A tenant’s peaceful home is an investor’s peace of mind!

4 TYPES OF UNITS WILL BE ON OFFER:

Studio 1 Bath from R799,000 - Rental Management Special: FREE in year 1, then 50% off for years 2 & 3
1 Bed 1 Bath apartments from R899,000 - Rental Management Special: FREE in year 1
2 Bed 1 Bath apartments from R1,140,000 - Rental Management Special: 3 years FREE rental management
2 Bed 2 Bath apartments from R1,275,000 - Rental Management Special: 3 years FREE rental management



INVESTMENT BENEFITS:
- NO reservation deposit required!
- Bond and transfer fees included saving up to R80,000*
- Fully tenanted - earn immediate income from registration
- Gross rental yields up to 12.84%
- Very low contribution - from under R1000 p/month
- Rental Assist up to R109,200 paid to investors to reduce your monthly contribution*
- Rental management special on all units
- Projected rental income up to R12,250 per month*
- 2 years remaining on NHBRC warranty
- Company and Trust structure advice provided by IGrow Trusts and IGrow Chartered Accountants
- Full rental and property management service from IGrow Rentals



APARTMENT FEATURES:
- Private gardens for all ground-floor units
- Small pet friendly (on approval)
- Electric oven and ceran hob with extractor fan
- Ample built-in cupboards in bedrooms and kitchens
- Quartz kitchen counter tops
- Stylish porcelain floor tiles throughout
- Modern bathroom fittings: Frameless glass shower
- Fibre ready
- Covered parking bays



LOCAL AMENITIES:
- Easy Access to Highways
- Northgate Mall & Ice Rink
- The Coca-Cola Dome
- Golden Harvest Park (with lake)
- Chinedu Sports Club
- Virgin Active
- Olivedale Hospital
- Florida Medical Hospital
- Northgate High School
- Kids College Nursery School



DEVELOPMENT KEY HIGHLIGHTS:
- High rental demand area
- Close to work opportunities and schools
- Close to both the N1 and N14 highways & Lanseria Airport
- 24-hour state-of-the-art manned security
- Electrified perimeter fencing
- Swimming pool and paddling pool
- Jungle gym and kids’ play area
- Ample visitors’ parking
- Prepaid water & electricity meters in all units
- 2-year NHBRC warranty

Features

2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
72m²
Extras
Security Estate • Fenced Pool • Electric Fencing • Visitors Parking
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

12,944.17

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