Prime investment
situated within the
Brand new commercial corner
of Parklands, Western Cape
2-Bedroom Apartments in GREAT Location

R16 600 Rental Assist to Investors
Free Platinum membership & wealth Plan*

Welcome to The Grove. A first for Parklands combining the convenience of shopping, transport and living all within a security development

Invest in The Grove

Priced from

Transfer & bond fees included

R16 600 Rental Assist

Wealth Plan & Platinum Membership included*

Contact us for more information

Rental Income

Projected from
R96 000 p/a incl. rental assist

Gross ROI

Projected up to 9.68%

Reservation Deposit

R10 000

Great Deal

Wealth Plan & Platinum Membership included*

Parklands, situated on the West Coast of Cape Town, continues to offer buy-to-let investors excellent value and growth

This development promises fantastic capital appreciation, making it ideal to add to your property portfolio.

Bordered by Blouberg, part of the Western Seaboard district, Parklands boasts many amenities that have helped to make it one of the fastest-growing residential areas in the Western Cape.

Parklands has been a popular suburb with renters since it was established in 1997. With a lifestyle they desire, at rental prices they can afford, the area attracts new tenants every day.

There has been an increase in activity in this area over the past 10 years and this has impacted the property prices.

The Grove brings a unique experience to Parklands and offers residents to enjoy all the convenience life needs at their doorstep. The anchor tenant will be Spar Retail Store with various banks already signed up to place ATM’s within the commercial component.

Location

List of nearest Facilities and Activities

Travel Distance
Cape Town CBD 21,5 km
Blouberg Beachfront 6,3 km
Century City Business/Shopping 11 km
Education Distance
Curro Private School 1.4 km
Parklands College 2 km
St Johns Parklands 0,9 km
Retail Distance
Bayside Mall 3,6 km
Sandown Crossing 2,3 km
Parklands Junction 1,8 km

Why invest in The Grove

Investment Benefits
  • FREE Platinum Membership for 1 year
  • FREE Wealth Plan to the value of R9 995
  • Gross ROI up to 9.68%
  • Transfer and bond fees included* (Save up to R61 000 in costs)
  • R16 600 Rental Assist to investors*
  • Rental income projected from R6 800 per month (excluding rental assist)
  • Offset 55% of purchase price through Section 13sex tax rebates
  • Up to 100% bond finance available
  • High rental demand neighbourhood
  • Company & Trust setup and advice through IGrow Trusts
  • Property tax strategies by IGrow Chartered Accountants
  • Only R10 000 Reservation deposit required (Refundable*)
Development Features
  • Occupation from mid-2021
  • Prepaid electricity meters to all units
  • Water meters installed for accurate billing
  • Secure complex
  • Electrified perimeter wall
  • Granite kitchen tops
  • Additional top cupboards to kitchens
  • One secured parking bay per apartment
  • Ample visitors parking
  • Tiled throughout
  • Bathroom with large shower
  • Clever space saving designs

Projected income from

R 96000 + p/a

Apartments selling from

R 865000
Comprehensive End-to-End Rental Management
  • IGrow Rentals - Specialist in-house rental managers
  • Tenant vetting & placement
  • Rental collection
  • Ingoing & outgoing inspections
  • Maintenance service available

Site Development Plan

First Floor

Second Floor

Unit Options

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

Type B1

2 Bedrooms, 1 Bathroom
R865 000
  • Unit size - 55m²
  • No balcony
  • Bond & Transfer fees included
  • Projected rental from R6 800 p/m
  • 1 parking bay on site
  • R16 600 Rental Assist to Investors
  • Projected Monthly Levy - R1 100
  • Projected Monthly Rates - R272

Type B2

2 Bedrooms, 1 Bathroom
R899 000
  • Unit size - 62m²
  • Balcony - 2m² to 7m²
  • Bond & Transfer fees included
  • Projected rental from R7 250 p/m
  • 1 parking bay on site
  • R16 600 Rental Assist to Investors
  • Projected Monthly Levy - R1 360
  • Projected Monthly Rates - R288

Type C1

2 Bedrooms, 1 Bathroom
R865 000
  • Unit size - 55m²
  • No balcony
  • Bond & Transfer fees included
  • Projected rental from R6 800 p/m
  • 1 parking bay on site
  • R16 600 Rental Assist to Investors
  • Projected Monthly Levy - R1 100
  • Projected Monthly Rates - R272

Type C2

2 Bedrooms, 1 Bathroom
R899 000
  • Unit size - 62m²
  • Balcony - 3m² to 7m²
  • Bond & Transfer fees included
  • Projected rental from R7 250 p/m
  • 1 parking bay on site
  • R16 600 Rental Assist to Investors
  • Projected Monthly Levy - R1 360
  • Projected Monthly Rates - R288

Type D

2 Bedrooms, 1 Bathroom
From R1 075 000
  • Unit size - 76m²
  • Balcony - 7m²
  • Bond & Transfer fees included
  • Projected rental from R7 400 p/m
  • 1 parking bay on site
  • R16 600 Rental Assist to Investors
  • Projected Monthly Levy - R1 660
  • Projected Monthly Rates - R373

Type E

2 Bedrooms, 1 Bathroom
From R1 199 000
  • Unit size - 81m²
  • Balcony - 10m²
  • Bond & Transfer fees included
  • Projected rental from R7 800 p/m
  • 1 parking bay on site
  • R16 600 Rental Assist to Investors
  • Projected Monthly Levy - R1 820
  • Projected Monthly Rates - R432

Type A

2 Bedrooms, 1 Bathroom
R1 285 000
  • Unit size - 91m²
  • Balcony - 17m²
  • Bond & Transfer fees included
  • Projected rental from R8 250 p/m
  • 1 parking bay on site
  • R16 600 Rental Assist to Investors
  • Projected Monthly Levy - R2 160
  • Projected Monthly Rates - R474

Gallery

All images used are for illustrative purposes only and are intended to convey the concept and vision for the development/apartments. 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.

Documents

The Grove 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. *Rental assist to IGrow investors using IGrow Rentals. 

Speak to a consultant

HAVE QUESTIONS?

Book your free consultation with a property investment strategist where we talk more in-depth about how you can achieve financial freedom through investing in property.

Have a Question?

Contact us

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.

Province:

Stay updated with SA's Property Investment News & Opportunities

Receive property investment opportunities and investment news directly to your inbox.

By submitting your details via this online form, you agree to be contacted via email by the IGrow Group in relation to its property investment brands.

Memberships

IGrow Wealth Investments © All rights reserved

Share this Investment opportunity with a Friend

Enter your details and your friends details below and they will receive more info regarding this investment opportunity via email from you.

Send to:

Sent from:

Reserve your unit today!

Complete the form below and one of our Investment Specialists will call you. back to discuss this investment opportunity.

Province:

What is the best time for us to contact you?

Complete the form below and one of our Investment Specialists will call you back to discuss this investment opportunity.

Best time to call:

Speak to a Consultant

Complete the form below and one of our Investemnt Specialists will call you. back to dicuss this investment opportunity.

Province:

Let us call you back.

Complete the form below and one of our agents will call you back to discuss your rental inquiry regarding this property.

Account

Manage your Account

Login

Register

Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy.