Selling from R879 990. Occupation from August 2019

The Eden presents estate living at its best in the thriving area of Parklands North, Western Cape.

Location

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Conveniently situated close to the new Table Bay Mall and many other urban lifestyle and entertainment facilities as well as amenities, with easy access to R27 & N7 highways.

  • 1,2 km from Parklands College
  • 2km from Curro School
  • 2km from Table Bay Mall
  • 3,3km from Blouberg Netcare
  • 4km from Blouberg Beach
  • 1,2km from MyCiti Bus Route
  • 25km from Cape Town CBD

Why Invest in The Eden

INVESTMENT BENEFITS

  • Return on investment up to 10%
  • Strong rental demand
  • Fastest growing suburb in Western Cape
  • 25 km from Cape Town CBD
  • Transfer fees included*
  • Bond fees excluded
  • Rental Income - 2 Bedroom from R8300p/m
  • 100% Bond financing 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

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 after occupation is tendered
  • R10 000 reservation deposit required to secure (refundable should finance not be approved)
Apartments Selling from:
R879 990
Projected Annual Income:
R99 600 p/a

Site Layout

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Green Living

The Eden proudly boasts green sustainability using products such as solar geysers resulting in 20% energy savings. The construction of the development itself is Eco-friendly with 54% embodied energy in materials. With the current water restrictions in the Western Cape residents will benefit from 20% water savings.

Plans & Features

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ENQUIRE

1 bedroom, 1 bathroom unit

Selling from R699 990

Projected monthly rental income from R6 000 (from occupation)

1 bedroom, 1 bathroom - 43m2 1 parking bay

Projected rates & taxes R250 p/m + body corporate (levies) R750 p/m

R10 000 reservation deposit

Transfer fees included

Investors will enjoy a high rental demand and can expect 10% gross yields

ENQUIRE

2 bedroom, 1 bathroom units

Selling from R879 990

Projected monthly rental income from R8 300 (from occupation)

2 bedrooms, 1 bathroom - 64m2 1 parking bays

Projected rates & taxes R350 p/m + body corporate (levies) R900 p/m

R10 000 reservation deposit to secure unit

Transfer fees included

Investors will enjoy a high rental demand and can expect a 10% yields

site-plan-2
site-plan-4
ENQUIRE

2 bedroom, 1 bathroom unit

Selling from R899 990

Projected monthly rental income from R8 000 (from occupation)

2 bedrooms, 1 bathrooms - 60m2 1 parking bays

Projected rates & taxes R300 p/m + body corporate (levies) R900 p/m

R10 000 reservation deposit

Transfer fees included

Investors will enjoy a high rental demand and can expect 10% gross yields

ENQUIRE

2 bedroom, 2 bathroom unit

Selling from R919 990

Projected monthly rental income from R8 500 (from occupation)

2 bedrooms, 2 bathrooms - 69m2 1 parking bays

Projected rates & taxes R350 p/m + body corporate (levies) R950 p/m

R10 000 reservation deposit

Transfer fees included

Investors will enjoy a high rental demand and can expect 10% gross yields

site-plan-1
site-plan-3
ENQUIRE

2 bedroom, 2 bathroom unit

Selling from R959 990

Projected monthly rental income from R8 500 (from occupation)

2 bedrooms, 2 bathrooms - 65m2 1 parking bays

Projected rates & taxes R350 p/m + body corporate (levies) R950 p/m

R10 000 reservation deposit

Transfer fees included

Investors will enjoy a high rental demand and can expect 10% gross yields

PROPERTY FEATURES

  • Modern Spacious designs
  • Wide selection of 1 and 2 bedroom apartments
  • Private gardens to some ground floor apartments
  • Granite kitchen tops
  • Tiled throughout
  • Solar geysers
  • Fibre ready
  • Ample parking
  • On public transport routes
  • Close to all amenities
  • 20% water saving initiatives
  • 24 hours security

DESIGN OF THE EDEN

Modern apartments display innovative layouts and quality finishes, such as aluminium windows and granite kitchen tops. Classic in appearance and eco-friendly, The Eden provides homes which will remain stylish and sustainable for years to come. Residents will benefit from solar geysers offering 20% energy savings and 20% water savings.

Parklands North is a rapidly expanding suburb featuring security estates, great amenities and distinguished schools providing an excellent opportunity for first-time buyers. As a burgeoning area, buyers are still able to purchase spacious yet affordable properties which is a rare find in the Western Cape. Investors will enjoy a high rental demand and can expect 10% gross yield.

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.

Document for Download

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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