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BUY A 3 BED FOR 2 BED PRICESR96 000 Rental Assist

ON SHOW EVERY SATURDAY 10AM to 1PM

Pomona

Kempton Park

Priced from

R1 199 000

Gross ROI

Up to 12,81%

LUXURY APARTMENTS IN POMONA

Three-bedroom apartment in a fantastic location

Priced from R1 199 000

Nimbati Residence is situated in the popular suburb Pomona in Kempton Park.

The area is centrally located in the hub of Gauteng industrial and commercial precinct. Modern and well-designed three-bedroom apartments in a secure development with private gardens to all ground floor units.

Location

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

Travel
O.R. Tambo International Airport 10.6km
Kempton Park CBD 6.9km
Benoni 14.6km
Education
Laerskool Brentwoodpark 4.2km
Shanan Christian School 7.8km
Benhale Academy 6.6km
Recreation & Shopping
Brentwood Mall 1km
Glen Balad Mall 7km
Woodbridge Square 7.8km
Medical
Netcare Linmed Hospital 8.6km
Arwyp Medical Centre 7.2km
Life The Glynnwood Hospital 11.2km

Why invest in Nimbati Residence

Market comparison: TPN (Tenant Profile Net work) shows why Nimbati Residence 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.

  • Within the Ekurhuleni Aerotropolis expanding node – R100bil investment
  • Last phase now selling – only 48 apartments
  • Gross rental yields up to 12,81%
  • Rental income projected from R8800 to R10500 per month
  • Up to R96 000 Rental Assist*
  • Up to 100% bond financing available
  • Deduct up to R714 450 against taxable income through Section 13sex tax incentives*
  • Buy directly from the developer
  • Transfer and bond registration fees included
  • No transfer duty payable
  • Property tax strategies offered by IGrow Chartered Accountants
  • Company & trust advice and setup through IGrow Trusts
  • On R10 000 reservation deposit required (Refundable should financing not be approved)
  • Built-in cupboards in bedrooms and kitchen
  • Prepaid water & electricity meters for all units
  • Two covered parking bays per apartment
  • Large unit sizes ranging from 70m² to 88m²
  • Private gardens to all ground floor units
  • Small pet friendly (by approval)
  • Fibre ready
  • 2 plumbing points in kitchen for appliances
  • Porcelain floor tiles throughout the apartments
  • Electric oven with counter hob
  • Double stainless steel kitchen sink
    Aluminium window frames
  • Modern sanitary finishes
  • Five year NHBRC warranty
  • Secure complex 24hr manned security
  • Ample visitors parking
  • Amenities include basketball court, open air exercise equipment
  • Play area with jungle gyms
  • Electrified perimeter fencing
  • High rental demand development
  • Close to job opportunities
  • A range of educational facilities for all ages
  • Within the Ekurhuleni Aerotropolis expanding node – R100bil investment
  • Quick access to all major interlinking roads
  • Minutes from OR Tambo International

Investment benefits

Apartment Features

Development features

Comprehensive end-to-end rental management services

Site Development Plan

Unit Plans

Priced from

R1 199 000

3 Bedroom, 2 Bathroom Apartment

Average unit size (excl. patio) – 88m²
Two covered parking bays per apartment

Rental assist of up to R96 000

Estimated levy: R1,286 p/m
Projected monthly bond repayment @30yr, 11.75% – R12,103
Estimated property rates: R920

Est. monthly shortfall – R2,636

Projected rental income from – R9,800 p/m

Gallery

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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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.

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Booking Form | Development
I want...
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

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. R96 000 rental assist only applicable on sections 39,40,45,46,51,52,57,58,63,64*

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Showday

Booking Form | Development
I want...
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

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