R950 000* R1 099 000 PRIME INVESTMENT BELLVILLE, CAPE TOWN - IGrow Wealth ...
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
IG ROW W E A LT H I N V E S T M E N T S
PRIME INVESTMENT BELLVILLE, CAPE TOWN
2-BED APARTMENTS CLOSE TO TYGERVALLEY MALL
Cash Price
R950 000*
Launch Price
R1 099 000
“
The nicest thing about this area is the
fact that it is an affordable suburb to
amenities that you need, like great
shopping malls, schools, health care
“
live in, as well as it being close to all
and transport.
Massive Rental demand in Bellville
Perfect Location for Tenants
The residential suburb of Oakglen Bellville is just 25 kilometres outside Cape Town. With it’s central location, it is ideal to visit the waterfront, the
beachfront and surrounding winelands. Living in Bellville is convenient and ideal for families and visitors alike, as the Bellville CBD and various
shopping centres are just around the corner. The area is well established, providing a safe and friendly atmosphere. Many young entrepreneurs,
students and families live here, giving the area a balanced variety of residents. Many famous South African bands hail from Bellville, so it’s gained
the nickname Bellville Rock City.
The area has also become well known for its health-care services. Tygerberg Hospital is the medical anchor. Last year the University of the Western
Cape (UWC) opened a R244million state-of the art facility of community health sciences in the heart of the Bellville CBD, and in July, the South
African Medical Research Council also launched a state-of-the-art genomics centre on UWC’s Bellville campus.
As a mature, accessible centre, Bellville, specifically the Voortrekker Road Corridor, is categorised by the co-existence of the old and new.
Well-established services and mid-rise office blocks with large floor plates have offered opportunities to create high-density employment.
2 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
555
AWESOME THINGS TO
DO IN THE
NORTHERN SUBURBS
GO R UNNING
Pa rkr un Be l l vi l l e
PR ACTICE YO UR S WING
Be l l vi l l e G o l f Co urs e
FA NCY S O M E WINE
Durba nvi l l e Wi n e Va l l ey Ro ute
E NTE RTA IN THE KID S
Bugs Wo rl d
S HO PPING
Tyge r Va l l ey Sh o p p i n g Ce ntre
Bellville
Average asking price in
for a 2 bedroom property in the
Western Cape R1 392 550
Source: Property24
3 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Location
The residential suburb of Oakdale Bellville is just 25 kilometres outside Cape Town. With it’s central location, it is ideal to visit
the waterfront, the beachfront and surrounding winelands.
Amenities
Travel
Bellville
N1 Highway 2.7km
Cape Town
Sanlam Head Office Bellville 3.8 km
Cape Town CBD 25.2 km
NORTHERN SUBURBS
Education
Bellville High School 1.8 km
Fairmont High School 7.3 km
Bellville Primary School 3.7 km
Cape Peninsula University of 8.2 km
DURBBANVILLE Technology
KRAAIFONTEIN N1
Medical
Tygerberg Hospital 9.5 km
BRACKENFELL Mediclinic Cape Gate 6.3 km
BELLVILLE R300
M-Kem 24hour pharmacy 4.9 km
KUILSRIVER
Shopping
Brackenfell Hypermarket 1.9 km
Tyger Valley Shopping Centre 3.8 km
SPAR Old Oak 0.9 km
Sanlam Centre 3.0 km
4 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Amenities
Durbanville
Brackenfell
Bellville
Durbanville Wine Valley Route Tyger Waterfront Tyger Valley Shopping Centre Belville High School Mediclinic Cape Gate
5 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Amenities
“The nicest thing about this area must be the fact that it is an affordable suburb to live in, but yet it has all the amenities that
you would need like great shopping malls, schools, health care and transport.”
Durbanville Wine Valley Route
Sanlam Investment Management Belville
6 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Why 1 Old Oak?
INVESTMENT BENEFITS
INVESTMENT BENEFITS
8.19% 100%
—
Gross ROI up to 8.19%
—
Up to 100% bond financing available
100% bond financing available at all the major
banks through IGrow Homeloans
Only pay first bond instalment on registration
Gross ROI up to 8.19% after occupation is tendered
Transfer and bond fees included* Benefit from a 55% deduction through Section
13sex tax rebates
R24 000 Rental Assist to Unit type A buyers
Rental income projected at R7 500 per month R20 000 reservation deposit required to secure
(refundable should finance not be approved)
Tenant vetting and placement assistance through IGrow Rentals
Occupation from end-2021 Apartments selling price
High rental demand neighbourhood
R1 099 000
Security complex with access control
Projected yearly rental income:
R90 000+ p/a
Ample visitor parking bays
Fibre ready
7 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
COMPREHENSIVE END-TO-END RENTAL MANAGEMENT IGROW RENTALS, OUR IN-HOUSE RENTAL MANAGERS
Tenant vetting & placement Ingoing & outgoing inspections
Rental collection Maintenance service available
MASSIVE TAX INCENTIVE FOR INVESTORS
Section 13sex of the Income Tax Act applies where up to 55% of the purchase price can be used as a deduction against the
investor's income for tax purposes when purchasing five or more properties.
Enjoy 20 years of tax d
eductions through Section 13sex.
55%
1 2 3 4 5
deduction through Section
20
years
Tax deduction through
Section 13sex tax rebates
13sex tax rebates
Visit our website for more information on this amazing tax incentive.
www.igrow.co.za
8 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Why invest
The section below provides you with an indication of purchase price and volume trends within the area.
9 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Why invest
The below section provides you with an indication of the ratio of primary residences and investment
properties at a given point in time.
< 10% 10% - 20% 20% - 30%
30% - 40% 40% - 50% > 50%
Average second property percentage for the last two years per area.
10 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment sFloor Plans - Ground Floor 11 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Floor Plans - First Floor 12 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Floor Plans - Second Floor 13 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Floor Plans - Third Floor 14 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
Unit Plan
TYPE A
Launch Price Cash Price
R1 099 000 R950 000*
Unit area: 50.2m2
2 bedrooms
1 full bathroom
1 parking bay
15 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment sKey Features
Tiled Flooring
All our apartments have beautiful
modern tiled flooring to add to
the overall elegant look of the
apartment
Clever Design Kitchen
Developed with design at heart, The kitchen has been fitted with
ultimate space utilization to fit all an oven and hob. Granite counters
the necessary furniture. and latest modern
kitchen cupboards.
OTHER FEATURES:
Access controlled
1 parking per apartment
Electric fencing
Fibre ready
16 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment sGet in Touch
IGrow is a group of property investment companies that assists
property investors to achieve financial independence by building
lasting wealth through high-performing property portfolios.
Contact us for more information:
INFO@IGROW.CO.ZA
CAPE TOWN: +27 (0)21 979 2501
PRETORIA: +27 (0)12 943 0201
1 Old Oak Disclaimer
IGrow makes no warranties, whether expressed or implied, in regard to the websites, contents, accuracy, financial projections and/or assumptions nor availability.
The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials
or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party
in relation to any act or omission by the User in relation to the information and the use thereof by the User. *Bond and attorney fees paid by Seller only where appointed attorney attends to registration and transfer. Fees
excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable.
17 1 Old Oak - Oakdale, Bellville | IGrow Wealth Inves tment s
*Cash discount offering subject to terms and conditions as set out in documentation available for perusal.You can also read
