Prime Investment

Rynfield, Benoni

Ekurhuleni Aerotropolis
2 Bedroom Apartments in a Fantastic location

OFFSET 55% of the purchase price through Section 13Sex tax incentives

The City of Ekurhuleni Municipality is an important part of the Gauteng province, the heart of the South African economy, and, together with its sister Gauteng cities, contributes to:

  • 33% of SA’s GDP
  • 37% SA’s manufacturing
  • Almost 41% of SA’s finance

PRICED FROM R806 000

Bond & Transfer fees included

R33 000 IGrow Rental Assist to Investors

12 month's Rental Insurance included

Contact us for more information

Best Deal

R33 000 Rental Assist (T&C's)

Rental Income

Projected from
R91 020 per year

Gross ROI

Up to 11.89% (incl Rental Assist)

Rental Insurance

12 Month's free rental insurance included

Trendy Location with sustainable growth

Ekurhuleni Aerotropolis has dynamic links to global markets

Only a few minutes’ drive from OR Tambo International Airport lies the green and leafy suburb of Benoni – originally a mining town which evolved into a service-driven hub for the East Rand. The greater Benoni area is able to offer those with a love for outdoor activities beautiful lakeside walks and picnics, while those who prefer the bright lights of the city will enjoy entertainment facilities such as Carnival City or Emperor’s Palace Casino.

O.R. Tambo International Airport is one of the 100 busiest airports in the world and the largest airport in Africa. It handles over 50% of all airline travellers to South Africa and accommodates 20 million passengers a year with its current facilities.

By 2025, it is envisioned that O.R. Tambo International Airport will handle over half a million tons of cargo traffic per year. The Ekurhuleni Aerotropolis will stimulate the region by generating an environment conducive to growing existing development and investment, as well as creating numerous new investment opportunities for a wide range of investors, not least of all in the property market.
Gross rental yields on sectional title properties show an average of 11% since the fourth quarter of 2018 which is mainly due to a large influx of income earners. In fact, 42% of these are shown to be in the middle to higher income earner bracket.

Location

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Travel Distance
Kempton Park CBD 12,7km
OR Tambo International 14,6km
Johannesburg CBD 30,4km
Education Distance
The Cotswold Country Montesorri School 2,9km
Belvedere Special School 3,5km
Benoni Learning Centre 3,2km
Palm Grove High School 2,1km
Medical Distance
Clicks Pharmacy 1,4km
Netcare Linmed 1,3km
Medicross Medical Centre 3,3km
Recreation & Shopping Distance
Lakeside Mall 5,6km
Oakfield Shopping centre 1.4km
Benoni Country Club 3,2km
Brentwood Mall 6,3km

Market Comparison

Average Purchase Price & Volume

The average purchase price and number of properties sold since 2001 according to the Deeds Office

Goodstanding Ratio

Overview of the suburb good standing ratio per period against the national average collection (Will I get payed)

Payment Profile

Overview of the suburb payment trends witch indicates how long it could take to collect rent

Investment benefits
Development Features
Projected income from
R 91020 p/a
Apartments selling from
R 806000
Gross ROI up to
11.89 %
Comprehensive End-to-End Rental Management
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Site Development Plan

Floor Plans

Typical floor plan

Unit Plans

Type A Ground Floor

2 bedrooms, 2 bathrooms
R 836 000
  • Unit size - 59.70m²
  • Patio - 6m², Garden - 30m²
  • Rentals from R6 900 p/m
  • 2 Parking bays
  • 12 Month's Rental Insurance included
  • R33 000 Rental Assist
  • Projected levy R1 051 p/m
  • Projected rates R569 p/m

Type A First & Second Floor

2 bedrooms, 2 bathrooms
From R816 000
  • Unit size - 59.70m²
  • Covered balcony - 6m²
  • Rentals from R6 900 p/m
  • 2 Parking bays
  • 12 Month's Rental Insurance included
  • R33 000 Rental Assist
  • Projected levys R1 051 p/m
  • Projected rates R569 p/m

Type B Ground Floor

2 bedrooms, 1 full bathroom
R 826 000
  • Unit size - 56.4m²
  • Patio - 5.2m², Garden - 33m²
  • Rentals from R6 400 p/m
  • 2 Parking bays
  • 12 Month's Rental Insurance included
  • R33 000 Rental Assist
  • Projected levy R986 p/m
  • Projected rates R560 p/m

Type B First & Second Floor

2 bedrooms, 1 full bathroom
From R806 000
  • Unit size - 56.4m²
  • Covered balcony - 5.2m²
  • Rentals from R6 400 p/m
  • 2 Parking bays
  • 12 Month's Rental Insurance included
  • R33 000 Rental Assist
  • Projected levy R986 p/m
  • Projected rates R560 p/m

Gallery

Documents

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IGrow makes no warranties, whether expressed or implied, in regard to the websites, contents, accuracy, financial projections and/or assumptions nor availability.
The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information and the use thereof by the User. *Bond and attorney fees paid by Seller only where appointed attorney attends to registration and transfer. 

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If you are considering an investment or a lock-up-and-go lifestyle opportunity, this development is ideal with the perfect location. Contact us today to assist you in acquiring one of these investment units.

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