Property Investment Cape Town

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7 on Middle, Morningside, Sandton
Unmatched investment returns!

7 on Middle is ideally located in the heart of Morningside. The development will consist of 184 units, all upmarket, spacious 2 bedroom, 2 full bathroom apartments. The first 2 phases of 72 units were acquired by an investment group as serviced and furnished units. This is indicative of just how sought-after this development is. Phase 3 is now launching, with a limited 30 units available exclusively to the IGrow Investor.

INVESTMENT BENEFITS & FEATURES

  • All bond registration and attorney fees included*
  • Return on investment up to 9%
  • 2 bedrooms, 2 full bathrooms
  • 2 parking bays (one covered)
  • Spacious 87sqm apartments with balconies
  • 24-hour security, electrified perimeter fencing and CCTV
  • Strong rental demand amongst blue-chip tenants
  • Fibre connected to each apartment
  • Communal swimming pool with clubhouse and gym
  • Conference and laundry facilities
  • 36-month Rental Assist, exclusive to IGrow investors
  • Pre-paid electricity meters
  • Ensure your rental income with RENT GUARANTEED
  • On public transport routes
  • Only 30 apartments available

Comprehensive End-to-End Rental Management

  • IGrow Rentals - our in-house rental managers
  • Tenant vetting & placement
  • Rental collection
  • Ingoing & outgoing inspections
  • Maintenance service available

Phase 3 now launching with a limited and exclusive 30 units available to the IGrow Investor.

MASSIVE TAX INCENTIVE FOR INVESTORS

Section 13sex of the Income Tax Act applies where 55% or more of the purchase price can be used as a deduction against the investor's income for tax purposes when purchasing five or more properties.

Purchase five properties and enjoy 20 years of tax deductions through Section 13sex.

INVESTMENT OVERVIEW

  • 100% bond financing available at all the major banks through IGrow Homeloans
  • Only pay first bond instalment on registration expected 3rd quarter 2018
  • 10% reservation deposit required to secure (refundable should finance not be approved)
Apartments Selling from:
R1 899 000
Projected Rental from:
R13 500 p/m
sandton-city
virgin-active
red-hill
melrose-arch

GET ON THE RESERVATION LIST, RESERVE YOUR UNIT TODAY!

Unit Plans

Luxurious and affordable 2 bedroom, 2 bathroom apartments in a secure, upmarket estate.

HBR.7OM.Floorplan.A4-NEW copy

2 bedroom, 2 bathroom units

Selling from R1 899 000

Projected monthly rental income from R13 500 (on occupation)

2 bedrooms, 2 bathrooms - 87m2 2 parking bays

Projected rates & taxes R870 p/m + body corporate (levies) R1 380 p/m

Rent Guaranteed available

Rental Assist to the value of R28 800 over 36 months

Gallery

We work closely with you in selecting the right property deals that are tailored to meet your investment requirements, to help you to achieve your long-term financial objectives.

GET ON THE RESERVATION LIST, RESERVE YOUR UNIT TODAY!

Location | Morningside, Sandton, Gauteng

Morningside is conveniently situated on Sandton CBD's doorstep with quick access to both the N1 and the M1 motorways, making it one of the most sought after areas in the northern suburbs of Johannesburg. Being in such high demand, 7 on Middle will be the perfect investment for the investor looking for steady capital gains and good rental returns from tenants - both private and corporates alike.

AREA:

Johannesburg CBD: 21.1km
Rosebank: 10.1km
Bedfordview: 16.6km

SHOPPING CENTRES:

Nedbank: 0.36km
Standard: 0.47km

FUEL STATIONS:

Caltex: 0.22km
Shell: 1.26km
Shell: 1.64km

EDUCATION & HEALTHCARE:

Morningside Dispensary: 0.38km
Morningside Virgin Active: 1.2km
Redhill School: 0.29km
United Sisterhood Mitzvah: 0.54km

LOCAL RETAIL STORES:

Morningside Centre: 1.8km
Pick n Pay: 0.5km

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Have a Question? | Contact Us

The IGrow Wealth Team would like to assist you in reviewing your existing portfolio. We will then formulate an investment strategy to help you build your property portfolio.

Cape Town :
  • +27 (0)21 979 2501
  • info@igrow.co.za
Pretoria :
  • +27 (0)12 943 0201
  • info@igrow.co.za
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