Property Investment Cape Town
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Crystal Lane, Parklands
Unmatched investment returns!

Crystal Lane is a new upmarket residential development situated in Parklands nestled in the heart of the Western Seaboard of Cape Town (an area that includes the suburbs of Big Bay, Bloubergrand and Sandown.) Purchase prices start from R1 160 000 with rental income projected from R9 800 p/m, which gives you as a property investor a gross yield of up to 10,51%.

Parklands North is one of the fastest growing residential suburbs in Cape Town. With the high demand for properties in the area, similar properties are currently being sold for R2 500 per square meter more.

ALL INCLUSIVE INVESTMENT BENEFITS

  • ALL bond registration and attorney fees INCLUDED
  • Return on investment up to 10,51%
  • Strong rental demand
  • Insure your rental income with RENT GUARANTEED
  • Security Complex

Comprehensive End-to-End Rental Management

  • Tenant Vetting
  • Tenant Placement
  • Rental Collection
  • Ingoing & Outgoing Inspections
  • Maintenance Service Available
Apartments Selling from:
R1 160 000
Projected Rental Income from:
R9 800 p/m
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MASSIVE TAX INCENTIVE FOR INVESTORS

When you have 5 or more investment properties in your portfolio. Section 13sex of the Income Tax Act applies. This means up to 55% of the purchase price can be written off for tax purposes against your income tax liability.

Purchase 5 units and benefit up to R74 188 write-off per annum through Section 13sex of the Income Tax Act.

INVESTMENT OVERVIEW

  • 100% bond financing available at all the major banks through IGrow Homeloans
  • Only pay first bond installment on registration in early 2018
  • R40 000 reservation deposit (refundable should finance not be approved)
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Crystal-Lane--Aerial-view
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GET ON THE RESERVATION LIST, RESERVE YOUR UNIT TODAY!

Unit Plans | Crystal Lane, Parklands

Affordable 3 bedroom, 2 bathroom luxury apartments in a secure complex.

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ENQUIRE

3 Bedroom, 2 Bathroom

Second Floor – from R1 160 000
First Floor – from R1 180 000
Ground Floor – from R1 199 000

Expected rental income from R9 800 p/m

3 Bedroom, 2 Bathroom - 94m2 Covered parking bay

Projected Rates & Taxes R450 p/m + Body Corporate (Levies) R950 p/m

Rental Guaranteed available

The 3 bedroom 94m2 apartments are selling from R1 160 000. On 90% financing they are approaching positive cashflow. (This includes all the costs, i.e. bond repayment, rates, levies, rental management costs.)

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 | Parklands, Cape Town

Crystal Lane is conveniently situated off the new extension of Parklands with views of Table Mountain to the south. In close proximity to shopping centres, schools and hospitals, with a public transport route to working nodes.

AREA:

Cape Town CBD: 21.5km
Century City: 11km
Panorama: 12.4km
Beach front: 6.3km

SHOPPING CENTRES:

Bayside Mall: 3.9km
Sandown Crossing: 2.3km
Parklands Junction: 1.8km

FUEL STATIONS:

Caltex Parklands: 0.5km

EDUCATION & HEALTHCARE:

Netcare Blaauwberg: 4km
Curro Private School: 4.7km
Parklands College: 2km
St Johns Parklands: 0.8km

LOCAL RETAIL STORES:

Woolworths: 1.8km
Food Lover's Market: 2.3km
Builders Warehouse: 3.3km

Crystal Lane Documents for Download

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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.

Phone :
  • +27 (0)21 979 2501
  • +27 (0)21 979 2505
Email :
  • info@igrow.co.za
Address: Cape Town
Address: Pretoria
  • Summit Place Office Park, Building 2, 1st Floor, 221 Garsfontein Road, Menlyn, Pretoria. View Location On Map