VIEWING BY APPOINTMENT
Ideally priced buy-to-let investment
One and two bedroom apartments
Priced from R669 000
Sinoville, Pretoria North
- Buy 5 and claim up to R2 527 250 in tax incentives*
- High rental demand node
- Shortfalls from only R2525
- 24 hour manned security estate
- Bond and transfer fees included
- Low monthly levies
- Up to R54 720 rental assist to investors*
- Includes security package
- Tenant insurance included in rental assist*
Just as a compass pulls you towards a magnetic field, discover your True North through this magnetic new development.
Just as a compass pulls you towards a magnetic field, discover your True North through this magnetic new development. This exciting new development is located in a leafy and well-established area in Sinoville, Pretoria. It will comprise of 363 one- and two bedroom apartments situated over 3 floors with the phase one launch price from only R669 000. It offers great lifestyle amenities in the heart of the estate, and showcases generous open spaces to relax, and kid-friendly play areas. This family estate provides exclusivity by utilising well spaced out, smaller apartment blocks.
Sinoville is in the lush northern suburbs of Pretoria and lies to the east of Wonderboom, on the northern slopes of the magnificent Magaliesberg mountains. This middle-income area is well sought after and is known for its demand for new upmarket homes and rental properties.
The development is within walking distance to an array of local schools as well as the Sinoville Shopping Centre. The well-known Kolonnade Shopping Centre is also roughly only 3km’s away.
True North apartments can be seen as the perfect place to move forward in life. As you are on the right path and aspire to achieve more, you have arrived and can prosper to even greater things right here in True North
Location
There is also an easy access to all amenities adding to lifestyle convenience.
| Travel | |
|---|---|
| Wonderboom Airport | 8,4km |
| Pretoria CBD | 12 km |
| Menlyn | 19 km |
| Education | |
|---|---|
| Montana High School | 3 km |
| Stephanus Roos Primary School | 450m |
| University of Pretoria | 17,8km |
| Recreation & Shopping | |
|---|---|
| Sinoville Centre | 800m |
| Sinoville Cricket Club | 1,5 km |
| Wonderboom Nature Reserve | 3,2 km |
| Medical | |
|---|---|
| Netcare Montana | 3 km |
| Life Eugene Marais Hospital | 8,2 km |
| Clicks Pharmacy | 800m |
Why invest in True North
TPN (Tenant Profile Network) shows why True North is such a fantastic investment
Tenant payment profile
Payment trends of tenants who pay a monthly rental income
Residential yield for sectional title
The below section provides you with an indication of the average yield in the area.
Investment benefits
- Gross rental yields up to 10.91%
- Up to R54 720 rental assist to investors*
- Buy 5 and claim up to R2 527 250 in tax incentives*
- Bond and transfer fees included (excl bank initiation fee)
- Save up to R67 000 in attorney fees
- No transfer duty payable
- Buy directly from the developer
- Up to 100% bond financing available
- High rental demand node
- Rental income projected starting from R5400 to R6300 p/m
- Low monthly levies
- IGrow Rentals will place and manage your tenant for you
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- R10 000 reservation deposit required (refundable should financing not be approved)
- Occupation projected from mid 2023
Apartment Features
- Sunny north facing apartments
- Fibre installed to all units (activation fee excluded)
- Granite kitchen countertops
- Built-in oven and hob
- Built-in cupboards to bedrooms and kitchens
- Aluminium windows and sliding doors for low maintenance
- Tiled throughout for low maintenance
- 100 litre geysers fitted to each apartment
- Water meters installed to each apartment for accurate billing
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Building insurance covered by levy
- Two bedroom apartments come with a full bathroom
- Patio's / balconies to two bedroom apartments
- Includes security package
- One covered parking bay per apartment
Development features
- Well designed village styled individual blocks of 12 apartments each
- Large landscaped garden areas
- Communal braai facilities and kids play areas
- 24 hour manned security within levy
- Access control with guardhouse facilities
- Perimeter wall with electrified fencing
- Centrally located to all amenities
- Well established neighbourhood
- On public transport routes
Comprehensive end-to-end rental management services
- In-house rental agents and managers
- Tenant vetting and placement services
- Rental collection services
- Ingoing and outgoing inspection services
- Maintenance services available
- Rental insurance available - secure your rental income
Site development plan & floor plans
SITE PLAN
GROUND FLOOR
FIRST FLOOR
SECOND FLOOR
Unit Plans
One bedroom, one bathroom
Priced from: R669 000
- 1 Bed
- 1 Bath
- 1 carport parking
One covered parking per apartment
Bond & transfer fees included
Up to R54 720 rental assist*
Average unit size (no patio / balcony) 34.32m²
Projected Rental Income R5400 p/m
Projected monthly bond amount @30yr, 11.75% R6 753 p/m
Estimate Levies R564
Estimate Rates R207
Est. Monthly contribution -R2692
Two bedroom, one bathroom
Priced from: R869 000
- 2 Bed
- 1 Bath
- 1 carport parking
One carport parking per apartment
Bond & transfer fees included
Up to R54 720 rental assist*
Average unit size (incl. patio / balcony) 59,72m²
Projected Rental Income R6000 p/m
Projected monthly bond amount @30yr, 11.75% R8 772
Estimate Levies R958
Estimate Rates R350
Est. Monthly Shortfall -R2 971
Pricelist
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True North DISCLAIMER 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. *Rental assist only applicable where buyer signs a rental mandate with IGrow Rentals for the duration of the rental assist offering. Rental assist not applicable on Airbnb or short term letting. Tenant insurance funded from Rental assist.
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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.