Prime investment in upmarket Parklands, Cape Town
MODERN 2-Bedroom Apartments in Parklands
EXCEPTIONAL CAPITAL GROWTH EXPERIENCED

We are proud to introduce an exclusive new development, Thornwood Place, nestled in the heart of the West Coast of Cape Town, in one of the fastest growing residential suburbs including the suburbs of Big Bay, Bloubergstrand and Sunningdale and Parklands.

Parklands is one of the fastest growing residential suburbs in Cape Town. With the high demand for properties in the area, similar properties are currently being sold for R2 500 per square meter more than these Thornwood Place apartments.

Image below is example from a similar development completed by developer.

INVEST IN Thornwood Place Parklands

Selling From

  • All bond and transfer fees included*
  • 100% bond financing available
  • R10 000 Rental Assist to investors
  • Rentals available from December 2019
Contact us for more information
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R10 000 Rental Assist to investors

Area Overview

Location

List of nearest Facilities and Activities

Travel Distance
Cape Town CBD 21.5 km
Beach front 6,3 km
Century City 11 km
Education Distance
Curro Private School 4,7 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

Prime Location

Fastest growing residential suburb in Cape Town.

Rental Income

Projected from R7 000 p/m

Gross ROI

Over 10.29% projected capital appreciation p/a

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 Table View, part of the Western Seaboard district, Parklands is 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.

Great Returns & Capital Growth

Between 2009 and 2018 property prices showed a 73% increase (from an average of R460 000 to R799 000).

Thornwood Place is conveniently situated off the new extension of Parklands with views of Table Mountain to the south. In close proximity to shopping centres, schools and hospitals, with a public transport route to working nodes.

 

Why invest in Thornwood Place

Investment Benefits
  • Gross return on investment up to 10.29%
  • Prices below market value
  • R10 000 Rental Assist to investors
  • Transfer and bond fees included*
  • Rental income projected from R7 000p/m
  • Benefit from a 55% deduction through Section 13sex tax rebates
  • Up to 100% bond financing available
  • Area with well-designed infrastructure and transport routes
  • Close to a variety of excellent schools
  • Plenty of recreational amenities surrounding the area
  • Strong rental demand for apartments in this neighbourhood
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
  • R40 000 reservation deposit required to secure (refundable should finance not be approved)

Projected monthly rental income

R 7000 + p/m

Apartments selling from

R 865000
The 2018 Lightstone Report (SA’s major reporting statistics platform) shows why Parklands is such a fantastic investment area
2009
R 460000
Average apartment price
2018
R 790000
Average apartment price
Growth
73.69 %
or R330 000

2 Bedroom, 1 bathroom

Corner Unit

  • Average Unit Size: 58.1m
  • Covered Patio Size: 3.6m
  • Average Total Size: 61.7m

Center Unit

  • Average Unit Size: 57.2m
  • Covered Patio Size: 3.6m
  • Average Total Size: 60.8m

INVEST IN Thornwood Place Parklands

Selling From

  • All bond and transfer fees included*
  • 100% bond financing available
  • R10 000 Rental Assist to investors
Contact us for more information

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Estate Pictures

Gallery

Images in gallery are examples from a similar development completed by developer. Similar designs and internal specifications to be implemented subject to colour variant and availability of supplies.

Estate Information

Documents

Information and Plans about the Estate

Thornwood 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.

Have a Question?

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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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