Sandton is a very desirable location for property investment. It’s seen as Johannesburg’s core financial district. It brings in working professionals and entrepreneurs seeking to live in close proximity to business hubs, transport routes, and attractive amenities. For IGrow investors looking for secure passive rental income and capital growth, property investment in Sandton is a wonderful option!
A development worth noting in this booming property market is The Reid Sandton. It is a convenient security estate found in Linbro Park. It offers the ideal amenities, strong tenant demand, and investor perks. The Reid is ideal for beginner and seasoned investors alike.
Why does Sandton attract investors?
There are several reasons supporting property investment in Sandton. The area is home to many companies’ headquarters, top-class shopping centres, good schools, and accessible transport routes. Sandton is seen as South Africa’s economic powerhouse, with working professionals looking for premium accommodation near work.
“Secure, low-maintenance sectional title apartments and townhouses are in high demand due to their convenience and security appeal.” (Source)
The demand for sectional title properties is high, especially for young professionals seeking secure, low-maintenance units near work. This supports investors seeking secure rental income.
Gauteng offers affordability and is an economic hub. This drives tenant demand in prime suburbs like Sandton (Source)
Uncovering The Reid Lifestyle Estate
The Reid Sandton is a prime lifestyle estate that suits modern city living. Its location in Linbro Park offers convenient access to Sandton CBD, key highways, and business districts.
This exciting new development in Sandton has one-, two-, and three-bedroom apartments from R959,900. The modern aesthetics, energy-efficient perks, and fibre-readiness seal the deal.
Residents can enjoy a six-star lifestyle centre that includes:
- Vitality-approved training science gym and trainer
- Padel court, squash facilities, soccer field, and fitness track
- Swimming pool and kiddies’ pool
- Cinema, games room, Cspa and children’s play area
- Amici Restaurant and Pizzeria
- Braai area and off-leash dog park
These incredible lifestyle amenities add appeal for tenants and encourage strong occupancy levels, making this a good investment.
Strong rental demand securing rental income
A key reason why investors choose The Reid Sandton is that it attracts quality tenants. Working professionals and remote workers are looking for safe lifestyle estates that benefit from being convenient, having a community feel, and with easy access to amenities.
The rental market in Sandton is showing healthy growth, low vacancy levels and excellent tenant demand.
IGrow investors buying a Sandton investment property for sale at The Reid will find that their tenants prioritise location and lifestyle.
Investor perks at The Reid
There are major IGrow discounts at The Reid:
- Rental Management Discount for up to 4 years, worth up to R101,848
- Rental Assist up to R64,200
- Bond and Transfer fees included (saving you up to R101,142)
IGrow Home Loans can arrange up to 100% bond financing. Our team of expert bond originators are ready to help you on your property journey.
This new development in Sandton has great benefits for investors.
A key perk is that all units are Section 13 Sex Tax Act friendly. This means qualifying investors can capitalise on valuable tax deductions that will improve ROI. This reduces taxable income and betters your property portfolio’s outlook in the long run. View our handy blog post that explores the Section 13 Tax Act in more depth.
The Ried is also EDGE-certified, meaning it meets international standards for energy efficiency. This means lower utility bills and further appeal for tenants. The 6-star green lifestyle centre and eco-friendly laundromat and car wash contribute to the EDGE-certification. You have access to green bond advantages that can save 0.25% on your bond interest rate.
Conclusion
For IGrow investors looking for a Sandton investment property for sale, The Reid offers a mix of a prime location, great lifestyle, and investment performance. The investor discounts and perks are unbeatable!
Property investment in Sandton offers long-term growth potential. The Reid Sandton gives investors tools to optimise rental income and capitalise on tax savings. They are also positioned to benefit from strong rental demand.
Contact an IGrow property investment strategist today and let’s secure your unit at The Reid.
