Langeberg Glen, bordering Durbanville, Cape Town
But that’s not all – with easy access to a host of amenities including shopping centres, gyms, schools, and healthcare facilities, Oakleaf Place offers unparalleled convenience for residents. Investors can take advantage of our special offer with bond and transfer fees included, as well as a 55% deduction against taxable income for those expanding their section 13sex investment portfolio.
Construction is set to begin in mid-2023, with the first occupants expected to move in early 2024. With only a limited number of units available, Oakleaf Place presents a unique opportunity for investors to maximize their capital growth and rental income. Don’t miss out on this exceptional investment opportunity. Invest in Oakleaf Place today and experience the pinnacle of luxurious living in the Northern Suburbs of Cape Town.
|Tygervalley business district||11km|
|Cape Town International Airport||23,5km|
|Curro - Durbanville Primary||2km|
|Curro - Durbanville High School||5km|
|Recreation & Shopping|
|Cape Gate Shopping Centre||2km|
|Virgin Active Okavango Crossing||500m|
|Medi-clinic Cape Gate||1,8km|
|Dis-Chem Parmacy Okavango Crossing||500m|
The below section provides you with an indication of the average yield in the area.
Bond and transfer fees included
Investor rental assist* R70 320
Average unit size 55m²
Projected rental income R9 250 to R9 750 p/m
Projected monthly bond repayment @30yr, 11,25% R13 718
Projected levy R1 400
Projected property rates R333
Est. year 1 monthly contribution: R4 334
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.
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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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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