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Exclusive Investment Opportunity - Springs

Selcourt Estate is backed by the OLD MUTUAL HOUSING IMPACT FUND, offering affordable, well-designed housing in a security estate. Curro School, located 500m from the Estate, will be under construction soon and opening for 2020 enrolment. A new fuel station and shopping centre will also be built close to the estate, where Shoprite will be the anchor tenant. Prices of these houses will increase, so now is the right time to invest in a secure, affordable development. Have a look and you’ll see that Selcourt Estate is everything you will need in an investment.

  • 85 homes available
  • 2 house types
  • Occupation 2017
Houses Selling from:
R504 000

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Selcourt Estate - First phase now launching - 34 exclusive opportunities.
Unmatched investment returns!

Purchase prices start from an unbelievable R504 000, with rental income from R4 900 per month, which gives you, the property investor, gross yields of up to 11%. The beautifully managed estate is offering safe and secure housing to young professionals, married couples and families. If you are looking for a investment in a community that is passionate about a clean environment, green parks, and streets where one can take an afternoon stroll or play with the kids, Selcourt Estate is just what you are looking for.

Houses selling from:
R504 000
Projected rental income from:
R4 900 p/m

Buy-to-let Property Investment Opportunity

INVESTMENT DETAILS

  • ROI up to 11%
  • 85 freehold properties available in a security estate
  • Purchase price from R504 000 to R703 500
  • Rental income from R4 900 to R6 200
  • H.O.A levy (approx) R220 per month
  • Rates & taxes from (approx) R250 per month
  • Up to 100% bond financing available through IGrow Homeloans to qualified buyers
  • Only pay first bond instalment from date of registration
  • No reservation deposit required
  • Development is backed by OLD MUTUAL HOUSING IMPACT FUND - pioneering the financing and construction of more affordable investment housing

COMPREHENSIVE RENTAL MANAGEMENT

  • Tenant procurement, vetting and placement
  • Rental collection and management
  • Ingoing and outgoing inspections
  • Maintenance service available

INVESTMENT BENEFITS

  • All bond and attorney fees included
  • Good return on investment
  • High rental demand with a waiting list of tenants
  • Insure your rental income with RENT GUARANTEED

MASSIVE TAX INCENTIVE FOR INVESTORS

Section 13sex of the Income Tax Act applies where up to 62% 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 benefit from up to R50 456 write-off per annum through S13sex.

Financial Analysis

Financial-Analysis-Selcourt-Estate

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House Plans | Selcourt Estate, Springs

2 house plan types to choose from.
Simplex and duplex houses available.

Simplex
new2

2 Bedrooms, 1 Bathroom Simplex

Unit area - 42m2


1 Parking bay



Priced from R504 000

Duplex
3

3 Bedrooms, 1 Bathroom Duplex

Unit area - 73m2


1 Parking bay



Priced from R703 500

PROPERTY FEATURES

  • Granite kitchen counters
  • Free-standing 3 plate plug-in stove
  • B.I.C in bedrooms and kitchen
  • Tiled throughout
  • Energy-efficient solar geysers
  • Modern bathroom & light fittings
  • Steel window frames
  • Electricity meters
  • 1.2m walled gardens
  • Pet friendly (small pets)
  • Roll-on lawn

IGROW OFFERS:

  • Financing affordability check
  • Bond origination services through IGrow Homeloans
  • Best term and interest rate negotiated on your behalf
  • Tenant vetting & placement
  • Rental management
  • Insure your rental income through Rent Guaranteed

SECURITY AND ESTATE FEATURES:

  • 24-hour manned security
  • Access-controlled
  • CCTV cameras
  • 1.8m perimeter electrified palisade fencing
  • Community parks, soccer field and outdoor gym
  • Curro School - opening 2020
  • Shopping centre (Shoprite anchor tenant)
Selcourt_Estate_Feb_2016__MLS2708
Selcourt_Estate_Feb_2016__MLS2772
2
Selcourt_Estate_Feb_2016__MLS2689

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Location, Location, Location

There are a number of benefits for buyers investing in a sectional title or free-standing property in gated estates such as Selcourt. It’s no surprise that interest in estate living is on the rise in South Africa, considering the sense of community and security estates offer. Who doesn’t want a neighbourhood where kids can run and play without having to worry about traffic? Who can say no to well-maintained, lush gardens, walkways and other communal areas?

AREAS:

Springs CBD: 8.8km
Germiston: 34.9km
Johannesburg CBD: 46.9km
Kempton Park: 45km

EDUCATION:

Curro School (opening 2020): 0.5km
Selcourt Primary: 4km
Ekurhuleni East College: 6.5km
Springs Boys & Girls: 6.1km

SHOPPING CENTRES:

Shoprite - opening soon: 0.5km
The Avenues, Springs: 8.8km
Selcourt Towers: 4.3km
Springs Mall: 6.9km
Lakeside Mall ,Benoni: 23.7km
Mall@Carnival: 17.3km

LOCAL GROCERY STORES:

Checkers: 4.7km
Spar: 3.5km

FUEL STATION:

Shell Garage - coming soon: 0.5km
Selcourt Engen: 4.6km

TRANSPORTATION:

Duduza taxi rank: 9.8km
Springs train station: 8.6km
OR Tambo International Airport: 39.4km

HOSPITALS:

N17 Private Hospital: 7.2km
White City Clinic: 5.3km

Selcourt Documents for Download

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Have a Question? | Contact Us

The IGrow Wealth Team wants to assist you to review your existing portfolio and then formulate the investment strategy in helping you acquire and 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