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Two 2bed 2bath Units LeftReady for occupation July 2024

Menlo Park

Pretoria, Gauteng

Priced from

R1 499 000

Gross ROI

Up to 9,93%

Upmarket, spacious 2 bed, 2 bath apartments - Menlo Park

Priced from R1 499 000

Menlo Park, Gauteng

Bond and transfer fees included

Upmarket, spacious 2 bedroom apartments in the popular Menlo Park, Pretoria, Gauteng

Join the city suburb club! The best in city living with the security you want. Upmarket lifestyle shopping centres with open-air restaurants, convenience shopping, health and beauty offerings in the Old East Precinct – is just a stone’s throw away for your needs and entertainment.

Club JunXion is an ultra modern development offering 2 bedroom apartments with trendy finishes and covered parking bays. Stroll along beautiful waterwise landscaping, or enjoy your private garden exclusive to ground floor units. The development offers electrified perimeter fencing, access controlled entry and exit point as well as guardhouse facilities, so you can rest easy!

Superbly central, residents have easy access to routes between Pretoria and Menlyn CBD, with Menlyn Office District, Pretoria Country Club, Faerie Glen Nature Reserve, the National Botanical Gardens and the N1 just minutes away. Popular nearby institutions include Pearson Institute of Higher Education, Menlopark High and The University of Pretoria.

Location

There is also an easy access to all amenities adding to lifestyle convenience.

Travel
Hatfield - Menlyn Bus route 300 m
Pretoria CBD 6.5 km
Menlyn Business district 3.5 km
Education
University of Pretoria 4.5 km
Pearson Institute 1.5 km
Vega School of Branding 2.7 km
International Hotel School 1.2 km
Recreation & Shopping
Hazelwood Village 600 m
Menlyn Park Shopping Centre 2.4 km
Wolwespruit MTB Park 5.8 km
Medical
Faerie Glen Hospital 4 km
Life Groenkloof Hospital 5.2 km
Kloof MediClinic 5.6 km
Dischem - The Club Surgical Centre 600 m

Why invest in Club JunXion

Market comparison: TPN (Tenant Profile Network) shows why Club JunXion is such a fantastic investment

Tenant payment profile

Payment trends of tenants who pay a monthly rental income

Residential yield for sectional title

The below section provides you with an indication of the average yield in the area.

  • Occupation from July 2024
  • Buy directly from the developer
  • Gross rental yields up to 9,93%
  • R24 000 rental assist on the 2 bedroom option
  • Rental income projected from R12 400 per month
  • Bond and transfer fees included (Save up to R90 000 in fees!)
  • Up to 100% bond financing available
  • Deduct up to R824 450 against taxable income through Section 13sex tax incentives*
  • Tenant insurance offered – secure your rental income
  • No transfer duty payable
  • Property tax strategies offered by IGrow Chartered Accountants
  • Company & trust advice and setup through IGrow Trusts
  • Only R10 000 securing deposit (refundable should financing not be approved)
  • Private gardens to ground floor apartments
  • Fibre ready with satellite dish point to each apartment
  • 2 covered parking bays for 2 bedroom apartments
  • 1 Covered parking bay for studio apartments
  • Natural quarts kitchen countertops
  • Electric oven with ceran hob and extractor fan
  • Washing machine and dishwasher points in kitchen
  • Tiled throughout
  • Smart metering for water and electricity
  • Ultra modern fittings and sanitary finishes
  • Building insurance covered by levy
  • 5 year NHBRC warranty
  • Exclusive 24 unit development
  • Excellent location – very central to all amenities
  • Walking distance to public transport
  • Guardhouse facilities
  • Electrified boundary wall
  • Access control systems
  • High rental demand neighbourhood
  • Steady capital appreciation experienced
  • Developer with good track record
  • Multiple choice of educational facilities for all ages

Investment benefits

Apartment Features

Development features

Comprehensive end-to-end rental management services

Site Development Plan

Unit Plans

Priced from:

R1 499 000

2 bedroom, 2 bathroom apartment

Average unit size (incl. patio) – 70m²
Two covered parking bays
Bond and transfer fees included

R24 000 rental assist to investors
Projected monthly levy – R1 702

Projected monthly rates – R1 383

Bond repayment @30yr, 11.75% – R15 131

Est. monthly shortfall – R5 942

Projected rental income from R12 400 p/m

Gallery

ALL IMAGES USED ARE FOR ILLUSTRATIVE PURPOSES ONLY AND ARE INTENDED TO CONVEY THE CONCEPT AND VISION FOR THE DEVELOPMENT/APARTMENTS/HOUSES. THEY ARE FOR GUIDANCE ONLY, MAY ALTER AS WORK PROGRESSES AND DO NOT NECESSARILY REPRESENT A TRUE AND ACCURATE DEPICTION OF THE FINISHED PRODUCT AND SPECIFICATIONS MAY VARY. FLOOR PLANS ARE INTENDED TO GIVE A GENERAL INDICATION OF THE PROPOSED LAYOUT ONLY. ALL IMAGES AND DIMENSIONS ARE NOT INTENDED TO FORM PART OF ANY CONTRACT OR WARRANTY.

Pricelist

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Disclaimer: IGrow makes no warranties, whether expressed or implied, in regard to the email, 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. Attorney and bond fees for transfer paid by Seller only where appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable. Rental assist only applicable where a valid mandate for the duration of the rental assist is signed with IGrow Rentals. *Cash discount offering subject to terms and conditions as set out in documentation available for perusal.

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