Zero rates & levies payable for the first year

Bellville

Cape Town

Priced from

R640 000

Gross ROI

Up to 9.61%

Prime investment in Bellville, Cape Town

1 & 2 BEDROOM APARTMENTS IN A GREAT LOCATION

Priced from R640 000

Glenhaven, Bellville South, Cape Town

Zero rates & levies payable for the first year
Transfer and bond fees included – no transfer
duty payable

The Glen is a unique development in Bellville, Cape Town

We’re excited to announce the launch of block C at The Glen. The development is located on the corner of Peter Barlow and Bester Roads in Glenhaven, and measures 7.4 hectares. This integrated housing project will provide affordable mixed-tenure housing opportunities in very close proximity to public transport, opportunities of employment, and public amenities like schools, state hospitals and public libraries. It is also close to great tertiary education institutions, being only 1.2km from both the University of the Western Cape (UWC) and the Cape Peninsula University of Technology (CPUT) Bellville Campus, making this 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

  • Site Plan
  • Block C Ground floor
  • Block C First floor
  • Block C Second floor
  • Block C Third floor

Unit Plans

  • 1 Bedroom
  • 2 Bedrooms

Priced from:

R640 000

Type A – 1 bedroom, 1 bathroom apartment

Unit size (excl. patio) – 32m²
One parking bay allocated to each apartment

One Bedroom, One Bathroom
ZERO Levy year one
ZERO property rates year one
Bond repayment @30yr, 7.25% – R4366
Est. monthly shortfall – R +175
Projected rental income from R4 800 p/m

Priced from:

R875 000

Type B – 2 bedroom, 1 bathroom apartment

Unit size (excl. patio) – 46m²
One parking bay allocated to each apartment

ZERO Levy year one
Two Bedrooms, One bathroom
ZERO property rates year one
Bond repayment @30yr, 7.25% – R5969
Est. monthly shortfall – R -353
Projected rental income from R6 000 p/m

Gallery

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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27 November - 10:00am to 13:00pm

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