Property Investment Cape Town

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Kingston Mews, Parklands
Unmatched investment returns!

Kingston Mews is a brand new security development situated in Parklands, nestled in the heart of the west coast of Cape Town (an area that includes the suburbs of Big Bay, Bloubergrand and Sandown.) All units are selling for R769 000 with rental income projected from R6 600 p/m, which gives you as a property investor a gross yield of up to 10,3%.

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 more per square metre.

INVESTMENT BENEFITS & FEATURES

  • All bond registration and attorney fees included*
  • Return on investment up to 10,3%
  • 2 bedrooms, 1 bathroom
  • 58 sqm apartments with balconies
  • Secure complex with electrified perimeter fencing
  • Strong rental demand
  • Borehole water for irrigation
  • Pre-paid electricity meters
  • Ensure your rental income with RENT GUARANTEED
  • On public transport routes
  • Only 57 apartments available

Comprehensive End-to-End Rental Management

  • Tenant vetting
  • Tenant placement
  • Rental collection
  • Ingoing & outgoing inspections
  • 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.

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 the first bond instalment on registration, expected early 2019
  • R40 000 reservation deposit (refundable should finance not be approved)
Apartments Selling at:
R769 000
Projected Rental Income from:
R6 600 p/m
eden-on-the-bay
myciti
table-bay-mall
blouberg-beach

GET ON THE RESERVATION LIST, RESERVE YOUR UNIT TODAY!

Unit Plan | Kingston Mews, Parklands

Affordable 2 bedroom, 1 bathroom apartments in a secure complex.

ERF-7536-Typical-Unit
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2 Bedroom, 1 bathroom

Selling for R769 000

Expected rental income from R6 600 p/m

2 Bedroom, 1 bathroom - 58m2 One parking bay

Projected rates & taxes R250 p/m + Body Corporate (levies) R800 p/m

Rent Guaranteed available

Typical interior images based on previous development. Finishes may vary.

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

Kingston Mews 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
Table Bay Mall: 5.6km
Parklands Junction: 1.8km

FUEL STATIONS:

Caltex Parklands: 0.5km

EDUCATION & HEALTHCARE:

Netcare Blaauwberg: 4km
Curro Private School: 4.7km
Parklands College: 2km
St John's Parklands: 0.8km

LOCAL RETAIL STORES:

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

LOCAL GYM:

Virgin Active: 2.8km

GET ON THE RESERVATION LIST, RESERVE YOUR UNIT TODAY!

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
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