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Invest in a prime location in Pomona in Kempton Park, offering high rental demand!

  • Security development with apartments and single storey homes
  • Clubhouse with pool, sportsfield and children's play area
  • Bond and transfer fees included*
  • 55% tax write-off through section 13sex SARS incentive

Location

Noah's Village in Pomona, Kempton Park, is situated close to a host of amenities:

  • Across the road from Oos-Rand Akademia private school
  • 2.3 km to R21 highway access
  • 3.4 km from Edenicia Private School
  • 4.4 km from Bonaero Park shopping centre
  • 6.4 km from O.R. Tambo International Airport
  • 7.9 km from Spartan
  • 11.1 km from Kempton Gate Mall
  • 13.8 km from East Rand Mall
  • 14 km from Glynwood Life Hospital

Why Invest in Noah's Village

INVESTMENT BENEFITS

  • Gross return on investment up to 12.15% (including 36-month Rental Assist)
  • IGrow Rental Assist to the value of R20 000 over 3 years
  • Transfer and bond fees included*
  • Projected income from R88 260 to R100 260 per year (including Rental Assist)
  • Up to 100% bond financing available
  • Neighbourhood with well-designed infrastructure and transport routes
  • Close to a variety of excellent schools
  • Plenty of recreational amenities surrounding the area
  • Strong rental demand for apartments in this area
  • IGrow Wealth Plan and Software incl with a purchase in Noah's Village

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
  • R35 000 reservation deposit required to secure (refundable should finance not be approved)
Apartments selling from:
R795 000
Projected annual income:
R82 260 p/a

Site Layout

Why Kempton Park?

Kempton Park, Gauteng, is a great place to settle down. There are numerous entertainment and sporting facilities and it is just minutes away from large shopping malls such as Kempton Gate Mall and Bonaero Park shopping centre and in close proximity to five excellent schools. Experience tasty foods in one of their many fine restaurants or spend the evening sipping refreshing cocktails at a trendy nightspot.

Ideally situated close to the international airport, Kempton Park is also brimming with job opportunities as it boasts large light industrial work nodes, and commercial office complexes.

Apartment plans

12-Unit-block-Design

Apartments with 2 bedrooms & 1 full bathroom

Ground floor units R799 000
First floor units R795 000
Second floor units R795 000

Projected annual rental income: From R88 260 (from occupation, including Rental Assist)

Spacious 62m2 apartments with an additional 6m2 balcony with built-in braai

Projected rates & taxes R375 p/m + body corporate (levies) R1210 p/m

R20 000, 3-year Rental Assist included

 Transfer and bond fees included*

Semi-detached town houses with private gardens Plans

12-Unit-block-Design-5-1a

Semi-detached single storey homes with 2 bedrooms & 1 full bathroom

Priced at R825 000

Projected annual rental income from R100 260 (from occupation, including Rental Assist)

1 covered parking bay with own private garden

Spacious 62m2 house with an addition 10m2 patio with built-in braai and 30m2gardens

Projected rates & taxes R391 p/m + body corporate (levies) R1310 p/m

R20 000, 3-year Rental Assist included

 Transfer and bond fees included*

PROPERTY FEATURES

  • Modern, spacious designs
  • 2 bedrooms, 1 full bathroom
  • Built-in braai on patio or balcony
  • Granite kitchen countertops
  • Tiled throughout
  • Covered parking bays
  • Low-maintenance design featuring face brick
  • Perimeter wall with electrified fencing
  • Communal landscaped gardens
  • Clubhouse, pool, kids' play area and sports field
  • On public transport routes
  • Close to all amenities
  • Pre-paid electricity meters
  • Transfer and bond fees included*

DESIGN OF NOAH'S VILLAGE

These modern apartments display innovative layouts and quality finishes, such as aluminium windows and granite kitchen countertops. The development’s design provides apartments which will remain stylish and sustainable for years to come, combining low maintenance features such as face brick elements on exterior and interior walls. Residents will enjoy a secure environment and have quick access to all major routes, business districts, shopping malls and recreational facilities.

Pomona in Kempton Park is an established and upmarket suburb in the expanding area of the East Rand of Gauteng. Featuring security estates, great amenities and distinguished schools, providing an excellent opportunity for first-time or seasoned investors, buyers are still able to purchase spacious yet affordable properties with exceptional return on investment - a rare find. Investors will enjoy a high rental demand and can expect up to 12.15% gross yields and additional Rental Assist when purchasing in phase 1.

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.

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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.

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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