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Two bedroom apartments priced at R839 900

2023 Investor’s Starter Package

New Phase Launching soon

For only R1 405 per month (30 year bond @ 11.75%)

IGrow Wealth Investments proudly presents the 2023 Investor Starter Package, meticulously curated to cater specifically to novice investors, offering a comprehensive suite of services designed to equip you for your inaugural investment journey. This thoughtfully crafted package encompasses an array of advantages, ensuring an all-encompassing support system for individuals venturing into the world of investments.

Here are some key benefits:

  • Already Built 2 Bedroom Apartments
  • Fully credit vetted paying tenant
  • Receive rental income immediately
  • 1 year tenant insurance included
  • R87 000 rental assist for you the investor
  • 10% rental escalation GUARANTEED
  • Bond registration fees included*
  • Attorney fees included*
  • Hassle free bond financing done
  • IGrow Rentals will manage your tenant
  • Rentals collected and paid to you
  • Rates & taxes paid on your behalf*
  • Levies paid on your behalf*
  • Maintenance managed on your behalf*

Biometric Security Access Controlled Estate

This complex is situated in Parklands, Cape Town with 24hrs security and strict access controlled entrance and exit. Excellent transport infrastructure in the area.

Where Results Speak Louder!

Location

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

Travel
Cape Town CBD 26km
Cape Town International 26km
Blouberg beachfront 5.8km
Education
Parklands College 2.7km
Curro 2.2km
Blaauberg High 4.3km
Recreation & Shopping
Spar 3.3km
Bayview Mall 4.2km
Bayside Mall 4.2km
Medical
Netcare Kuils River 4km
Tygerberg Hospital 8km
Clicks Parow Centre 7km

85% Tenant paying rate in area

Payment trends of tenants who pay a monthly rental income

INVESTMENT BENEFITS

  • Fully tenanted - earn income from registration
  • Shortfalls from as low as R1 405 p/m
  • R87 000 rental assist exclusive to IGrow investors*
  • Tenant insurance included for the first 12 months*
  • Gross rental yields up to 13,50% (incl. Rental Assist)
  • Bond and transfer fees included, save up to R63 000
  • No transfer duty payable
  • Up to 100% bond financing available
  • Existing leases with rental income from R6 550 to R6 750p/m
  • IGrow Rental manage your tenant for you
  • Property tax strategies offered by IGrow Chartered Accountants
  • Company & trust advice and setup through IGrow Trusts
  • R10 000 reservation deposit required (refundable should financing not be approved)
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  • Popular 2 bedroom, 1 bathroom apartments
  • Fibre installed to all units
  • Apartments are DSTV ready
  • Burglar bars on opening windows (ground floor and walkways)
  • Front door security gates installed to all units
  • Washing machine/dishwasher point in kitchen
  • Tiled throughout for low maintenance
  • Built-in Defy slimline 600 range oven with hob
  • Shower over bath combo
  • Clever site design with natural lighting
  • 150 litre geyser to each apartment
  • Pre-paid electrical & water meters
  • Modern sanitary finishes
  • One secured open parking bay allocated per apartment
  • Double curtain rails to all windows
  • Building insurance covered by levy
  • Views towards Table Mountain and protected wetland sanctuary
  • Communal gardens with kids jungle gym
  • Walking distance to many amenities & shops
  • On public transport routes
  • Last opportunity to purchase in this high rental demand node
  • Guardhouse facilities
  • Biometric security access controlled estate
  • Visitors parking bays available
  • Electric fencing on top of boundary wall
  • Tiled roof coverings – less maintenance
  • Refuse room & laundry

*Typical ground floor plan, 1st and 2nd floor has a window instead of a door

Priced at R839 900

Two bedroom | one bathroom

Parking bay allocated
Bond and transfer fees included
Investor rental assist* R87 000

Unit size 53m2
Rental lease in place – income from R6 550 p/m
Projected monthly bond repayment R8 478
Projected monthly levy R1 344
Projected monthly property rates R256
Est. year 1 monthly contribution R1 405

APARTMENT FEATURES

Development features

Gallery

Pricelist

Book your complimentary & obligation-free

Investment Consultation

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.

Book a Specialist

Secure your expert investment strategy session below. Once submitted, you’ll receive a calendar invite for you to confirm.

Booking Form | Individual Consultant
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South African ID
Are you currently under Debt Review
Do you have 2 years signed financials?
Do you draw at least R30k from your business per month?
How would you like to proceed further

Meadowridge Mews 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 buyer signs a rental mandate with IGrow Rentals for the duration of the rental assist offering. Rental assist not applicable on Airbnb or short term letting. Tenant insurance funded from Rental assist.

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