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80% Sold Out

Bellville

Cape Town

Priced from

R1 095 000

Gross ROI

Up to 7,89%

Spacious new design, Bellville, Cape Town

2 BEDROOM APARTMENTS IN A GREAT LOCATION

Priced from R1 095 000

Glenhaven, Bellville South, Cape Town

Buy direct from Developer
No rates and taxes for 12 months
No Levies for 12 months
Transfer and bond fees included – no transfer duty payable

The Glen is a unique development in Bellville, Cape Town

We have an exciting announcement on the launch of the next phase within the very popular The Glen. As the first occupations are
already in place, this sought after security estate now offers a fantastic new design with a village feel, boasting larger two bedroom, one bathroom apartments. The development is located in a 7.4 hectare plot, on the corner of Peter Barlow and Bester Roads in Glenhaven.

This integrated housing project offers affordable mixed-tenure housing opportunities in a close proximity to public transport, opportunities of employment, and public amenities including schools, state hospitals and public libraries. It is also close to great fantastic tertiary institutions, with both the University of the Western Cape (UWC) and the Cape Peninsula University of Technology (CPUT) Bellville Campus only 1.2km’s away, making this it ideal for families and students.

Location

There is a huge backlog of affordable housing, especially located near opportunities of education, employment, transport and amenities. The Glen is close to the Bellville CBD and Sacks Circle, as well as public amenities such as schools, state hospitals and public libraries. Ideally located within 5km to the University of the Western Cape and the Cape Peninsula University of Technology.

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
Medical
Netcare Kuils River 4km
Tygerberg Hospital 8km
Clicks Parow Centre 7km
Recreation & Shopping
Parow Centre 7km
V & A Waterfront 30km
Tygervalley Shopping Centre 7km

Why invest in The Glen

MARKET COMPARISON: TPN (Tenant Profile Network) shows why The Glen is such a fantastic investment

Tenant Payment Profile

Payment trends of tenants who pay a monthly rental income

Investment benefits

Apartment features

Development features

Comprehensive end-to-end rental management services

Site development plan | Floor plans

Unit Plans

Priced from:

R1 150 000

2 bedrooms, 1 bathroom apartment

Unit size (incl. patio) – 54m²
One parking bay allocated to each apartment

Two Bedroom, One Bathroom
ZERO Levy year one
ZERO property rates year one
Bond repayment @30yr, 11.75% – R11,608
Est. monthly shortfall – R -4 971
Projected rental income from R7 500 p/m

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.

Pricelist

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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.

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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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