Meredale | JHB South

Chart your course to financial freedom

2-Bed, 1-Bath apartments

Incredible IGrow discount of up to R115,097*

Priced from R769,900

ON SHOW This SATURDAY - 10am to 1pm

Meredale | JHB South

Southgate Ridge

This family-friendly complex is situated on an attractive mountain ridge in Meredale, Johannesburg. 24-hour security, electric fencing, and strict access-controlled entrance and exit offer residents and owners complete peace of mind. Investors can chart a course to excellent long-term rental yields with already-tenanted units and monthly contributions comfortably under R1000/month in the first years. 

Solar geysers keep costs down for residents, and apartments are stylishly fitted for easy care, with built-in cupboards and tiles throughout. Convenient educational and employment opportunities, and the close proximity to shopping and major highways make this a highly sought-after rental area with excellent occupancy rates.

Priced from R769,900

Invest in Financial Freedom

Fantastic Benefits for Investors

a discount of up to R115,097 exclusive to IGrow Investors! How?

Additional benefits

Development

key highlights

Apartment

features and perks

Unit type

2 Bed | 1 Bath Units

Priced from R769,900

  • Unit size:
    53m²
  • Projected monthly rental income from:
    R6,550
  • Projected monthly bond repayment (30yr @ 10.25%):
    R6,899
  • Est. monthly levy (Excl. Effluent charge):
    R740
  • Est. monthly property rates:
    R711
  • Est. monthly contribution from:
    R815
  • Rental Assist up to:
    R32,400*
Meredale | JHB South
Local Amenities
  • Ceres St Bus Stop 300m
  • Close to the Golden Highway R553,  N1 Western Bypass and M1
  • Correctional Services Johannesburg 900m
  • Continental Brands Food Manufacturer 2km
  • Chris Hani Baragwaneth Hospital 4.4km
  • Coca Cola Beverages factory & Devland Alpha Plastic manufacturers – 5.6km
  • Southgate Shopping Mall 3.4 km
  • Colombine Shopping Centre 3.7km
  • Gold Reef City 9.1km
  • FNB Stadium 6.6km
  • Smart Kids Fun Centre Daycare 1.7km
  • Naturena Secondary School 2km
  • The Playhouse Daycare 2.5km
  • Meredale Primary 2.6km
  • Johannesburg Culinary & Pastry School 3.9km
  • Alpha and Omega Christian Academy 4.3km
  • Abbotts High School 8.1km
  • Winchester Ridge Primary School 8.2km
  • WITS University 14.6km
  • Kaizer Chiefs Village soccer club 2km
  • Dr VK Naidoo Medical Centre 2km
  • Clicks Pharmacy 3.3km
  • Lonestar Medical and Aesthetic GP practice – 3.2km
  • Mondeor Health Solutions Clinic 4.1km
  • Netcare Mulbarton Hospital – 13.8km

Perfectly POSITIONED in

Meredale, JHB South

Southgate Ridge is in Meredale, with ample major employers and easy access to main regional commuter routes. Convenience is king with a full spectrum of educational opportunities, sports and recreation, as well as shopping and healthcare in the immediate neighbourhood.

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Frequently Asked Questions

Investor's Guide

This is a cash amount paid directly to you in monthly installments over a set period. No deductions are taken off this amount, and it is paid to you along with your rental income each month. It is intended to help reduce your monthly shortfalls in the first years of your investment.

This is what you have to pay in after your investment expenses until you reach break-even point. 

Simply put:

This is the Return on Investment you make before any deductions each month. It is usually expressed as a percentage. ROI is calculated like this:

Bond fees are the cost of registering your bond with your bank or financial services provider. Transfer duty is a tax paid on the transfer of a property to a new owner.

IGrow usually waives bond and transfer fees to make your investment more affordable for you, saving tens of thousands of Rands.

This is how much rent you can expect to earn on your investment property. The amount will vary depending on the unit you choose. For example, ground floor apartments will typically command a higher rent than a 2nd floor apartment. 

Rental income variations within a development usually reflect unit size, convenience of access, and special features like private use gardens or a great view.

Rental management by IGrow Rentals includes:

  • Tenant vetting and credit checks
  • Drawing up lease agreements
  • Conducting regular property inspections 
  • Rent collection and payment to you
  • Handling routine maintenance and call-outs from tenants
  • Reporting on income and expenses for your tax returns
  • Settling disputes and sorting out evictions
  • Arranging tenant insurance

This means you are buying a property that already has a tenant living in it.

EDGE (Excellence in Design for Greater Efficiencies) is an internationally recognised green building certification created by the International Finance Corporation (IFC), a member of the World Bank Group.

To earn EDGE certification, a building must achieve at least 20% savings in energy consumption, water usage, and embodied energy in building materials compared to a standard local baseline. These savings are independently verified by a third-party auditor.

Lower ongoing utility costs improve the asset’s yield profile, while the certification itself strengthens marketability and helps differentiate the property in a competitive market. Certified properties can also be eligible for better financing terms, through green finance programs at some banks.

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