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LUXURY APARTMENTS IN POMONA
Two and three-bedroom apartment in a fantastic location
Priced from R 930 000
– R12 000 rental assist to IGrow Investors
– Zero levies for the first 12 months
– Bond and transfer fees included
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 two & 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.
Investment benefits
- Within the Ekurhuleni Aerotropolis expanding node - R100bil investment
- Occupation from mid 2022
- Gross rental yields up to 9,35%
- Rental income projected from R7 250 to R8 500 per month
- R12 000 rental assist to IGrow Investors
- Free Internet for the first 12 months
- Zero levies for the first 12 months
- Up to 100% bond financing available
- Deduct up to R698 500 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)
Apartment Features
- 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 with 12 months free internet
- 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
Development features
- 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
Comprehensive end-to-end rental management services
- In-house rental agents and managers
- Tenant vetting and placement services
- Rental collection services
- Ingoing and outgoing inspection services
- Maintenance services available
- Rental insurance available - secure your rental income
Site Development Plan
Unit Plans
Priced from
R930 000
2 Bedroom, 2 Bathroom Apartment
Average unit size (excl. patio) – 70m²
Two covered parking bays per apartment
Rental assist of R12 000
Estimated levy: R1 111 p/m (no levy year 1)
Projected monthly bond repayment @30yr, 8,25% – R6 987
Estimated property rates: R684
Est. monthly shortfall – R-1 254
Projected rental income from – R7 250 p/m
Priced from
R950 000
2 Bedroom, 2 Bathroom Apartment
Average unit size (excl. patio) – 77,45m²
Two covered parking bays per apartment
Rental assist of R12 000
Estimated levy: R1 183 p/m (no levy year 1)
Projected monthly bond repayment
@30yr, 8,25% – R7 137
Est. monthly shortfall – R-1 422
Estimated property rates: R701
Projected rental income from – R7 250 p/m
Priced from
R1 090 000
3 Bedroom, 2 Bathroom Apartment
Average unit size (excl. patio) – 88m²
Two covered parking bays per apartment
Rental assist of R12 000
Estimated levy: R1 286 p/m (no levy year 1)
Projected monthly bond repayment
@30yr, 8,25% – R8 189
@30yr, 8,25% – R8 189
Estimated property rates: R824
Est. monthly shortfall – R-1 712
Projected rental income from – R8 250 p/m
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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.
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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.