INVEST in the fastest growing suburb in Cape Town
Similar developments from the same developer have realised 84% growth over the last four years.

Phase 2 now selling at​

Prime investment in upmarket Parklands, Cape Town
MODERN 2-Bedroom Apartments -
EXCEPTIONAL CAPITAL GROWTH EXPERIENCED

We are proud to introduce the next phase in this exclusive development: Parkhill Place 2, nestled in the heart of the West Coast of Cape Town, in one of the fastest-growing residential suburbs in an area that encompasses Big Bay, Bloubergstrand and Sunningdale and Parklands.

Parklands is expanding at an incredible rate, thanks to its popularity. With the high demand for properties in the area, similar properties are currently being sold for R2 500 per square meter more than these Parkhill Place apartments.

INVEST IN Parkhill Place 2

Selling Price

  • All bond and transfer fees included*
  • 100% bond financing available
  • R20 000 Rental Assist to investors
  • First 12 months' rental insurance included
  • R20 000 reservation deposit required
Contact us for more information
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R20 000 Rental Assist to investors and first 12 months rental insurance included

Area Overview

Location

List of facilities and activities nearby

Travel Distance
Cape Town CBD 21,5 km
Beachfront 6,3 km
Century City 11 km
Education Distance
Curro Private School 4,7 km
Parklands College 2 km
St Johns Parklands 0,9 km
Retail Distance
Bayside Mall 3,6 km
Sandown Crossing 2,3 km
Parklands Junction 1,8 km

Prime Location

Fastest-growing residential suburb in Cape Town

Rental Income

Projected from R6 000 p/m

Gross ROI

Over 9.43% projected capital appreciation p/a

Parklands, situated on the West Coast of Cape Town, continues to offer buy-to-let investors excellent value and growth

This development promises fantastic capital appreciation, making it ideal to add to your property portfolio.

Bordered by Table View, part of the Western Seaboard district, Parklands boasts many amenities that have helped to make it one of the fastest-growing residential areas in the Western Cape.

Parklands has been a popular suburb with renters since it was established in 1997. With a lifestyle they desire, at rental prices they can afford, the area attracts new tenants every day.

There has been an increase in activity in this area over the past 10 years and this has impacted the property prices.

GREAT RETURNS & CAPITAL GROWTH

Between 2009 and 2018 property prices showed a 73% increase (from an average of R460 000 to R799 000).

Parkhill Place is conveniently situated off the new extension of Parklands with views of Table Mountain to the south. Close to shopping centres, schools and hospitals, with a public transport route to working nodes.

 

Why invest in Parkhill Place 2

Investment Benefits
  • Gross return on investment up to 9.34%
  • Prices below market value
  • R20 000 Rental Assist to investors
  • Transfer and bond fees included*
  • Rental income projected from R6 000 p/m
  • Benefit from a 55% deduction through Section 13sex tax rebates
  • Up to 100% bond financing available
  • Area with well-designed infrastructure and transport routes
  • Close to a variety of excellent schools
  • Plenty of recreational amenities surrounding the area
  • Strong rental demand for apartments in this neighbourhood
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
  • 100% bond financing available at all the major banks through IGrow Homeloans
  • First 12 months' rental insurance included
  • R20 000 reservation deposit required to secure (refundable should finance not be approved)

Projected monthly rental income

R 6000 + p/m

Apartments selling price

R 770500
The 2018 Lightstone Report (SA’s major reporting statistics platform) shows why Parklands is such a fantastic investment area
2009
R 460000
Average apartment price
2018
R 799000
Average apartment price
Growth
73.69 %
or R330 000

Aerial Location

This aerial shot of Parklands shows the locations of previous developments sold by the IGrow Group of Companies. All of these have realised exceptional capital growth over the past several years, as indicated by the graph below.  As you can see, Parklands is so popular that open ground to continue developing this area is in short supply. Parkhill Place 2 is one of the last opportunities you have to invest in this popular, high-demand, growth node on the west coast of Cape Town.

Area Growth Chart

2 bedrooms, 1 bathroom

  • Average unit size 46.5m²
  • Covered balcony/patio 3m²
  • Average total size = 49.5m²
  • 1 parking bay

INVEST IN Parkhill Place 2

Selling PRICE

  • All bond and transfer fees included*
  • 100% bond financing available
  • R20 000 Rental Assist to investors
  • First 12 month's rent insurance included
  • R20 000 reservation deposit required
Contact us for more information
Speak to a consultant

HAVE QUESTIONS?

Book your free consultation with a property investment strategist where we explain in-depth how you can achieve financial freedom through investing in property.

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.

Documents

Parkhill Place 2 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.

Have a Question?

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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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