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Based on market value of new builds in the Bellville area.

Up to R200,000 below market value*

BELLVILLE, CAPE TOWN, WESTERN CAPE

Scroll down to the unit types for the full breakdown.

VIEWING BY APPOINTMENT

Scroll down to the unit types for the full breakdown.

Apartments priced from R729,900

(This includes all transfer and bond registration costs + Full comprehensive tenant and rental management services)

100% Fully Tenanted

earn rental income

From Registration

Up to

R65 196
Rental Assist*

paid to investors

Full comprehensive

Tenant & Rental Management

Unmatched value, Exceptional returns

Exclusively to IGrow Investors

Investment Benefits

  • Up to R200,000 below market value
  • 100% Fully Tenanted
  • Earn income from registration
  • 140% Average capital growth in Cape Town
  • R65 196 rental assist to IGrow investors*
  • Bond and transfer fees included
  • Save up to R60 000 in transfer fees
  • No transfer duty payable
  • Up to 100% bond financing available
  • Existing leases with rental income from R5 900 p/m
  • Full tenant and rental management services
  • 97% Tenant paying rate in area
  • Gross rental yields up to 13,4%
  • FREE Tax strategies by IGrow Chartered Accountants
  • Company & trust setup through IGrow
  • Complimentary tax, trusts and investment consultations
  • Only R2,500 reservation deposit
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Development features

  • Biometric security access controlled estate
  • Ample visitors parking bays
  • Fibre ready apartments
  • Electric fencing on top of boundary wall
  • On-site laundry facility
  • Tiled roof coverings - less maintenance
  • External geysers - easy access & maintenance
  • Views over Boland mountain range
  • Communal gardens with kids play and braai facilities
  • Walking distance to many amenities & shops
  • On public transport routes
  • Last opportunity to purchase in high growth node
  • Guardhouse facilities
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Apartment features

  • Spacious upmarket 1 & 2 bedroom apartments
  • Fibre installed to all units
  • Apartments are DSTV ready
  • Burglar bars on opening windows
  • Front door security gates installed to all units
  • Washing machine/dishwasher point in kitchen
  • Tiled throughout for low maintenance
  • Built-in slimline oven with hob
  • Granite kitchen countertops
  • One bedrooms apartments have shower
  • Two bedroom apartments have shower over bath
  • Clever site design with natural lighting
  • Smart water meters
  • 100 litre geyser to each apartment
  • Pre-paid electrical meters
  • Modern sanitary finishes
  • One secured open parking bay per apartment
  • Building insurance covered by levy
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IGrow Rent Guard

All-Inclusive Rental Management & Insurance

Unit Types

Priced from R729 900

One bedroom | one bathroom

100% Fully Tenanted
Earn rental income from registration
Bond and transfer fees included
Investor rental assist* R65 196

Average unit size 33m2
Projected rental income R5 900 p/m
Projected monthly bond repayment R7 367
Projected levy R729
Projected property rates R204
Est. year 1 monthly contribution R879

*Monthly bond repayment@30yr, 11,75%

Gallery

Site development plan

Pricelist

Location

There is also an easy access to all amenities adding to lifestyle convenience.

Travel
Cape Town CBD 28km
Bellville CBD 5km
Cape Town International Airport 12km
Education
Bellville Technical School 4km
Cape Peninsula University of Technology 4km
De Kuilen Primary and High Schools 5km
Recreation & Shopping
Parow Centre 7km
V&A Waterfront 30km
Tygervalley Shopping Centre 7km
Medical
Netcare Kuils River 4km
Tygerberg Hospital 8km
Clicks Parow Centre 7km

INVESTOR SECTION

Goodstanding of 97%

The following graphs are indicators of how the area is performing in terms of the average tenant payment trends, will the investor get paid and finally the average yield in the area.

Market comparison: TPN (Tenant Profile Network) shows why The Block is such a fantastic investment

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The Block DISCLAIMER 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. Up to R200,000 below market value based on market value of new builds in the Bellville area.

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