THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
THE HOME OF YOUR DREAMS
   IN THE WATERFALL NODE
THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
CHOOSE YOUR LUXURY HOME

         You’re moving in the right direction
This brand-new security estate in the Waterfall node offers spacious and cleverly designed, free-standing
three-bedroom, two-bathroom houses with double lock-up garages and private walled gardens. Prices
range between R2 445 000 and R2 845 000. SAVE up to R225 000 when you buy directly from the developer
as there are no agent commission, transfer duties nor bond registration fees payable. Visit our show village to
view each of the unit types available for sale. We are open 7 days a week. Houses are now sold off-plan and the
                      first buyers will have the opportunity to choose their own finishes.

There’s no space wasted on stairways! The single-level floorplans are modern and practical. Large stacking
doors allow for the inside living space to flow seamlessly outward and vice versa. With this design, the garden
becomes part of the home, ensuring that you make the most of Gauteng’s beautiful weather. In addition, the
     energy-efficient and low maintenance design will keep the cost of ownership low for years to come.

Small pets are also welcome, subject to prior approval by the estate. Madison Manor @ Waterfall is perfectly
located in one of the fastest-growing and most desirable areas in South Africa. It’s close to several established
schools and shopping centres, such as the Mall of Africa, and also has easy access to all major routes leading to
                                     Johannesburg, Sandton and Pretoria.

Act fast, so you don’t miss out on this limited opportunity! There’s an overwhelming demand for family-
friendly houses within secure lifestyle estates in the area, and there are only 89 houses in this development.
Contact us today, and let us help you and your family enjoy many happy years at Madison Manor @ Waterfall.

                 THE LIFESTYLE THAT MADISON MANOR OFFERS YOU
  · Free-standing houses · State-of-the-art security · Central facility with braais, pool and kids play area
     Private gardens · Pet friendly · Fibre to the Home (FTTH) · Close to major roads and amenities

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
Central facility with
                     swimming pool, kids play area
                             and braais

    Entrance

           vis Ave
      Panne
                                                     SITE MAP

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
LOCALITY

                  Welcome to the neighbourhood
                                            LOCALITY MAP
                                                                                                                                      SANRIDGE                                                    VODAWORLD
                                                                                                                                   SHOPPING CENTRE
                                                                                             R55

STEYN CITY                                                                                                                      CARLSWORLD
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                                                                                               KYALAMI ESTATE                           CARLSWALD                                                     AIRPORT
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                                                                                                                                       MALL OF AFRICA
FOURWAYS MALL                                                        WATERFALL CORNER
                                                                                               Maxwell Dr

MONTECASINO
                                                                                                               Woodmead Dr

                                            PAULSHOFF
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                         AMENITIES WITHIN 10-15 MIN FROM THE ESTATE

     SCHOOLS                                                   HEALTH                                                                   HOSPITALS AND CLINICS
     Halfway House Primary School      2.6km                   Shapes for Women                                              1.4km      Midrand Veterinary Hospital                                   1.6km
     Curro Waterfall                   3.3km                   Crossfit Kyalami                                               3.8km      Midrand West Clinic                                           2.4km
     Midrand High School               3.4km                   Virgin Active Carlswald                                       4.3km      Netcare Waterfall City                                        3.0km
     Kyalami Montessori Pre-school     3.8km                   Virgin Active Waterfall                                       4.4km      Medicross Carlswald                                           5.0km
     Reddam House Waterfall            4.9km                   Bodytec Waterfall                                             6.4km      Netcare Sunninghill                                           8.6km
     Kyalami Estates Pre-Primary       5.8km                                                                                            Midrand West Clinic                                           9.0km
     Kyalami Primary School            5.8km
     Midrand Primary School            6.8km                   FOOD AND ENTERTAINMENT
     Midrand Montessori Primary School 7.4km                   Swiss Country Club         1.1km
     Kyalami High School              10.0km                   Pizza Perfect Vorna Valley 1.3km
                                                               Heaven’s Kitchen           1.5km
                                                               Kyalami Grand Prix Circuit 2.9km
     SHOPPING MALLS                                            Andiccio24 Kyalami         3.6km
     Vorna Valley Shopping Centre                1.4km         Bounce Waterfall           4.3km
     Mall of Africa                              3.0km         Turn ‘n Tender             4.4km
     Carlswald Shopping Centre                   4.2km         The Hussar Grill           4.6km
     Kyalami Corner Shopping Centre              4.3km         RocoMama’s Kyalami         6.8km
                                                               Montecasino               18.8km                                                                                                               8
THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
PURCHASING PROCESS

STEP 1 SELECT YOUR UNIT
Based on your needs and price range we’ll help you to select the best unit. In certain instances you can
reserve a unit for a maximum period of 24 hours.

STEP 2 SIGN THE AGREEMENT OF SALE AND PROVIDE ALL FICA DOCUMENTATION
FICA documents include a copy of your ID, proof of residence and your tax number on a SARS letterhead.

STEP 3 SECURING DEPOSIT
You must pay a R20 000 cash securing deposit to the conveyancer upon signing the agreement of sale.
The conveyancer holds your deposit in a trust until transfer and you earn interest on the deposit until
transfer.

Transfer takes place after the unit is completed, ready for occupation and signed off by the purchaser.
Although we only require a R20 000 securing deposit, the banks may insist on a larger deposit.

STEP 4 BALANCE OF PURCHASE PRICE
In addition to the deposit payable, you will have to provide guarantees for the balance of the purchase
price within 30 days of signing the agreement of sale.

There are various types of guarantees:

1. Payment in full. Payment of the full amount into the conveyancer’s trust account. You earn
   interest on those funds until transfer.

2. Bank guarantee. Your bank reserves your funds for the purchase and provides a guarantee for
         the purchase amount. As account holder, you continue to earn interest on your funds until it
         is paid over upon transfer for the purchase of the unit.

3. Home loan. An approved home loan by a major bank is regarded as a guarantee.

How much do I qualify for?
To qualify for a home loan, the bank’s lending criteria dictates that the monthly repayment amount
may not exceed 30% of your combined gross income. To quality for a loan of R2 445 000 you need to
earn a minimum combined gross household income of R63 186.

The bank should approve your loan if:
• Your income and employment are consistent and can be verified.
• Your income is sufficient to cover your current expenses plus the new home loan repayment.
• Your credit record is clean and it shows that you conduct your finances well.

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
EXPECTED RENTAL RETURNS

       Let us take care of your investment
Central Developments, in partnership with CSi Rentals, make buy-to-let investments easy. We offer
our investors the option of a turnkey rental placement and management service. The Waterfall node
is experiencing high rental demand due to many large corporates who have relocated their offices to
the area. In addition to the high rental demand, you can expect excellent capital growth due to the
                          development’s perfect location in this desirable and growing area.

         Purchase            Expected          Es�mated           Es�mated              Net   Net Rental                      Total
           Price             Rental pm          Levy pm           Rates pm             Rental   Return                      Return on
Year

        (capital growth       (gross with     (incl. sanita�on
                                                                                      Income                               Investment
         es�mated at         5% p.a. esc.)         charge,                              pm    (excl. capital            (5% capital growth +
            5% p.a.)                            (5% p.a. esc.)                                         growth)           net rental income)

                                       Type A 151 m² - Free-standing house
     3 Bedrooms, 2.5 bathrooms with covered pa�o and double garage from R2 495 000 (costs included)
 1       R2 495 000            R18 000            R2 322             R1 441           R14 237            6,8%           R295 599      11,8%
 2       R2 619 750            R18 900            R2 438             R1 524           R14 938            7,2%           R310 238      12,4%
 3       R2 750 738            R19 845            R2 560             R1 612           R15 673            7,5%           R325 609      13,1%

                                       Type B 161 m² - Free-standing house
     3 Bedrooms, 2.5 bathrooms with covered pa�o and double garage from R2 595 000 (costs included)
 1       R2 595 000            R18 800            R2 442             R1 508           R14 850            6,9%           R307 954      11,9%
 2       R2 724 750            R19 740            R2 564             R1 595           R15 581            7,2%           R323 210      12,5%
 3       R2 860 988            R20 727            R2 692             R1 686           R16 348            7,6%           R339 230      13,1%

                                       Type C 183 m ² - Free-standing house
     3 Bedrooms, 2.5 bathrooms with covered pa�o and double garage from R2 895 000 (costs included)
 1       R2 895 000            R21 000            R2 706             R1 709           R16 585            6,9%           R343 768      11,9%
 2       R3 039 750            R22 050            R2 841             R1 806           R17 402            7,2%           R360 815      12,5%
 3       R3 191 738            R23 153            R2 983             R1 908           R18 261            7,6%           R378 715      13,1%

                                       Type D 155 m² - Free-standing house
     3 Bedrooms, 2 bathrooms with covered pa�o and double garage from R2 505 000 (costs included)
 1       R2 505 000            R18 200            R2 370             R1 447           R14 383            6,9%           R297 843      11,9%
 2       R2 630 250            R19 110            R2 489             R1 531           R15 090            7,2%           R312 594      12,5%
 3       R2 761 763            R20 066            R2 613             R1 620           R15 833            7,6%           R328 083      13,1%

                                                    * Capital growth projected at 5% p.a.
                   * Calculations based on self management of rental. CSi rental management at a fee, is recommended.
                 * Costs only included if the attorney appointed by the developer attends to transfer and bond registration.

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ON SHOW DAILY
                                                            Visit us 7 days a week
                                 Mon - Sat 09:00 - 17:00 | Sun 12:00 - 17:00
                                                            Gerald St

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    Pitts Ave

                Kyalami Estate
                                  Anton Hartman

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                                          ENTRANCE IN PANNEVIS AVENUE

                     For more information, contact us on                                                                        0861 73 84 73

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Kids play area

Pool at central facility             Close to shops

    Small-pet friendly

                                     Braai facilities

      Private gardens      Fibre to the Home (FTTH)
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