Prime investment in Bellville, Cape Town
1 & 2 Bedroom Apartments in a great location

We’re excited to announce that building has started on 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 institutes, being only 1,2km from both UWC and the CPUT Bellville Campus, making this ideal for families and students.

Invest early and benefit from the highest capital growth and return on investment with below market value prices.

INVEST IN The Glen in Glenhaven | Bellville South

Selling From

  • All bond and transfer fees included*
  • 100% bond financing available
  • Rental Assist to investors
  • Occupation from end-2020

ADDED BONUS: Receive the IGrow Wealth Plan & IGrow Property Investor Software FREE for the first 3 months when purchasing in The Glen.** Reserve your unit today!

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Central Location

Close to many great amenities for families and students

Rental Income

Projected from R4 800 p/m for 1 bedroom apartments​

Nett ROI

Nett ROI up to 8.44%, incl Rental Assist

Estate Benefits

Why invest in The Glen

The Glen was built in answer to the huge demand for sectional title properties in this area of Bellville, as the majority of dwellings here are free-standing houses.
Before The Glen was built, a mere 10% of properties in Glenhaven were sectional title apartments and townhouses, despite the demand created by virtue of the tertiary education and work opportunities in close proximity. Bellville, being one of the oldest and most established areas in Cape Town, also has very few properties available for rent in the area as most of the homes are owned.

Prior to the Glen being built only 18% of the properties here formed the rental stock – a further indication of the dire need for rental apartments. This demand is proven, as the portion of the Glen development that has since been let is already full.

Trendy Lifestyle Estate

Mixed-tenure housing development

Prices start at a mere R576 300 – unmatched in this area – which makes this development ideal to add to your property portfolio.

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.

Jean-Pierre Nortier, Development Director of Devmark Property Group says: The development will establish new standards for housing by delivering on quality and amenities and by doing so on scale. It will be ideal for young couples as well as families looking for secure, well designed and built accommodation in a great location.

THE GLEN FEATURES: 

  • Apartment blocks built to form natural atrium in centre, including greenery
  • Secure complex with electric fencing, and biometric access
  • Fibre installed to all units
  • Built-in cupboards in bedrooms and kitchen
  • Kitchen has granite countertops
  • Washing machine/dishwasher point in kitchen
  • Tiled throughout
  • Clever site design with natural lighting
  • Close to job opportunities
  • On public transport routes
  • Great tertiary education within 5km (CPUT and UWC)
Bellville Campus CPUT
Tygerberg Hospital
Area Overview

Location

List of nearest Facilities and Activities

Travel Distance
R300 Highway 3,1 km
Sarepta train station 1,6 km
Cape Town CBD 25,2 km
Medical Distance
Intercare Tygervalley 7,7 km
Carecross Health 6,4 km
Medicross Bellville 8.4 km
Education Distance
CPUT Bellville Campus 4,2 km
University Western Cape 4,0 km
Athlone School for the Blind 0,8 km
Winsley Primary School 0,9 km
Recreation Distance
Middestad Mall 5,3 km
Glenhaven Tennis Club 0.9 km
Proteaville Recreation Centre 0,3 km
Spar 3,6 km
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Estate Benefits

Why invest in The Glen

Investment Benefits
  • Nett ROI up to 8.44%, incl Rental Assist
  • Prices below market value
  • Transfer and bond fees included*
  • Rental income projected from R4 800 to R6 500 (excl Rental Assist) per month
  • Benefit from a 55% deduction through Section 13sex tax rebates
  • Up to 100% bond financing available
  • Tenant vetting and placement assistance through IGrow Rentals
  • UWC and CPUT within 5km
  • Occupation from end-2020
  • High rental demand – need for affordable housing close to tertiary education
  • Secure complex – biometric access at all gates
  • Ample parking
  • IGrow Wealth Plan & IGrow Property Investor Software FREE for the first 3 months when purchasing in The Glen.**
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
  • Only pay first bond instalment on registration after occupation is tendered
  • R10 000 reservation deposit required to secure (refundable should finance not be approved)
R 1999 + p/m
Projected monthly rental income
R 576300
Apartments selling from

Choose your Unit

This development is well priced and positioned to add to your property portfolio.

1 bedroom, 1 bathroom

R 576 300
selling from
  • Ground Floor - R 591 300
  • First Floor - R 581 300
  • Second Floor - R 581 300
  • Third Floor - R 576 300

2 bedroom, 1 bathroom

R 794 300
selling from
  • Ground Floor - R 809 300
  • First Floor - R 799 300
  • Second Floor - R 799 300
  • Third Floor - R 794 300

Estate Pictures

Gallery

Use the interactive map below to see which units are available, reserved or sold.

Estate Information

Documents

Information and Plans about the Estate

The Glen 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. The IGrow Wealth Plan and Software offering is not transferable, and no substitution or cash redemption of vouchers is permitted unless agreed upon between IGrow and Purchaser.

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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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