Montana’s modern lifestyle is in tune with its natural surroundings
The peaceful suburb of Montana in Pretoria lies virtually in the foothills of the Magaliesberg. It is a relatively new suburb and so the developments in Montana are modern and often surrounded by large green spaces and cultivated gardens that thrive in its subtropical climate.
Montana offers residents countless amenities and opportunities
This part of Pretoria is ideal for those wanting to escape the hustle and bustle of the big city, yet benefit from ease of access to the opportunities available in Pretoria and surrounds, with the centre of Pretoria being only 15km away. Montana is a lively neighbourhood with its own hospital, museums, monuments and a theatre.
Kolonnade Shopping Centre – one of the most successful shopping centres in Gauteng
Neatly marrying residential and commercial development, the Kolonnade Shopping Centre has 150 tenants ranging from all the major fashion stores, specialty stores and independent stores, as well as all major banks. There is plenty of entertainment available too, including ten-pin bowling, the Mega Magic Company, Bingo, K1-Karting and movies at Ster-Kinekor.
Get out into nature – right on your doorstep
A quick 30 minute drive away, the Roodeplaat Dam Nature Reserve is a wonderful, nature-inspired outing. Divided into northern and southern sections, the north provides for family-friendly leisure activities such as canoeing and fishing, whilst the quieter southern part is a bird sanctuary.
South African history and culture is a stone’s throw away
If you’re keen to soak up a bit of history, a short road-trip east to Cullinan is ideal. Spend a day in the quintessential mining town, surrounded by its quaint little corrugated iron mining houses, or take a tour of the mine and learn about the processing of diamonds after discovery.
iQ Yellowstone is a new, exclusive development, ideal for investors
Yellowstone is a brand new lifestyle development in Montana that has so much going for it:
- well-designed, spacious apartments with either 1 or 2 bathrooms
- security complex
- covered parking bays
- close to the Kolonnade Shopping Centre, schools, hospitals and public transport
Massive rental demand makes Yellowstone a sound investment
There is increasing rental demand for apartments in Yellowstone, which offers spacious 1 and 2 bedroom apartments from only R775 000. With R5 400 per month rental already being achieved, investors can realise gross yields of up to 10%. As shown in the chart below, Yellowstone’s rental amounts fall into the band that TPN defines as a rental sweet spot, being between R3 000 and R7 000.
Source: TPN 2017
This makes Yellowstone highly desirable to prospective tenants, offering them the lifestyle they are looking for, at a price they are willing to pay.
Contact IGrow to discuss the development with one of our skilled Property Consultants in Pretoria: 012 943 0201.
