Prime investment
situated close to
Tygervalley Mall, Bellville

Launch special for cash PURCHASERS:
up to R190 148 in benefits and
12 months free rental management

studio, one & two bedroom apartments

Oak Corner, comprising of  71 units will be built in the residential suburb of Oakglen.

Central Location

Close to many amenities.

Rental Income

Projected from
R66 000 p/a

Gross ROI

Projected from 8.30%

Reservation Deposit

R20 000

Massive Rental demand in Bellville

Perfect Location for Tenants

The residential suburb of Oakglen, Bellville is just 25 kilometres outside Cape Town CBD. With its central location, it is ideal to visit the V&A Waterfront, various beachfronts and the surrounding winelands. Oak Corner is located  within the ‘Golden Triangle’ which has links to  the R300, N1 & N2 highways making it easy accessible. The area is well established, providing a safe and friendly atmosphere to the many young entrepreneurs, students and families who live here. Various large companies such as Shoprite, British American Tobacco, Royal Canin and Fruit and Veg are located in the new Brackengate Business Park which is only 7min drive from Oak Corner.

Access via the recently upgraded Old Oak Road and the N1 highway, makes the suburb of Oakglen and surrounds a high demand area for rental properties. It is located within minutes’ drive to the popular Tygervalley Shopping Centre and surrounding business districts such as  Tyger Waterfront – the leading shopping and office space destinations of the northern suburbs. 

The nicest thing about this area must be the fact that it is an affordable suburb to live in, but yet it has all the luxuries that you would need like great shopping malls.

Tyger Waterfront Business District
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University of Stellenbosch Business Campus

Location

List of nearest Facilities and Activities

Travel Distance
N1 Highway 2,7 km
Blouberg Beachfront 26km
Cape Town CBD 25,2 km
Tygerfalls Business District 5 km
Medical Distance
Intercare Tygervalley 4,7 km
Medi Clinic Durbanville 9,1 km
M-Kem 24hour Pharmacy 4,9 km
Panorama Medical Centre 11.3 km
Education Distance
Bellville High School 1,8 km
Fairmont High School 7,3 km
Stellenbosch University Business School 5.6 km
Cape Peninsula University of Technology 8.2 km
Shopping Centres Distance
Brackenfell Hypermarket 1.9 km
Tyger Valley and Tyger Waterfront 3.8 km
SPAR Old Oak 0,9 km
Willowbridge Shopping Centre 5,0 km

Why invest in Oak Corner

Investment Benefits
  • Gross ROI from 8.30%
  • Transfer and bond fees included*
  • Up to R46 800 Rental Assist to investors
  • Rental income projected from R5 500 on studio units
  • Benefit from a 55% deduction through Section 13sex tax rebates
  • Up to 100% bond financing available
  • Occupation from end-2021
  • High rental demand neighbourhood
  • Security complex with access control
  • Fibre ready
  • Up to R190 148 in benefits for first 5 cash purchasers
  • 12 months free rental management to cash buyers
Comprehensive End-to-End Rental Management
  • IGrow Rentals - our in-house rental managers
  • Tenant vetting & placement
  • Rental collection
  • Ingoing & outgoing inspections
  • Maintenance service available
Investment Overview
  • 55% deduction through through Tax 13Sex
  • Only pay first bond installment from date of registration
  • R20 000 reservation deposit required to secure (refundable should finance not be approved)

Projected income from

R 66000 + p/a

Apartments selling from

R 699000

Site Development Plan:

Floor Plans:

Ground Floor
First Floor
Second Floor
Third Floor

Choose your Unit

This development is well priced and positioned to add to your property portfolio.

Type 1

2 Bedrooms, 1 Bathroom
FROM
R999 000 – R1 099 000 (GF)
  • Cash price from R868 696*
  • Unit area - 50m² to 52m²
  • Exclusive use gardens to ground floor units
  • Projected rental from R7 000 p/m
  • 1 parking bay
  • R46 800 Rental Assist* (Ground Floor)
  • R30 000 Rental Assist* (1st ,2nd and 3rd Floor)

Type 2A & 2B

1 Bedroom, 1 Bathroom

R799 000
  • Cash price R689 000*
  • Unit area - 39m² to 40m²
  • First, Second & Third Floor Units
  • Projected rental from R5 950 p/m
  • 1 parking bay
  • R18 000 Rental Assist*
  • Juliet Balconies

Type 3

Studio Unit
FROM
R699 000 – R749 000 (GF)
  • Cash price from R599 000*
  • Unit area - 27m² to 28m²
  • Exclusive use gardens to ground floor units
  • Projected rental from R5 500 p/m
  • 1 parking bay
  • CASH PURCHASERS ONLY
  • 12 months free rental management

Pricelist

Gallery

All images used are for illustrative purposes only and are intended to convey the concept and vision for the development/apartments. 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.

Documents

Oak Corner Disclaimer

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. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable. *Rental assist to IGrow investors using IGrow Rentals. *Cash discount offering subject to terms and conditions as set out in documentation available for perusal.

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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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