Buy! YYOOURYOUR TIME TO - ENJOY A SECURE AND CONVENIENT Lifestyle
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9,// $*(
IT’S
S
YO UR
TIME TO
Buy!
ENJOY A SECURE AND CONVENIENT Lifestyle
MODERN APARTMENTS IN CENTURION
NEW ON THE MARKET AND SELLING OUT FAST!
We are excited to announce that the apartments at The Junction 1 @ Forest Hill are
ennow
ow b
being
e ng so
ei sold.
old
ld
d.
Don’t miss out on owning a modern 2-bedroom apartment in one of Centurion’s most ssought-after
oug
ught-afte
g t-a
affter
security estates. These apartments offer a spacious bathroom and a modern open-plan an k tchen
en th
kitchen that
hat
a
leads into your lounge and from there onto your balcony or garden.
ssion
SAVE up to R50 000 when you buy directly from the developer as there are no agent commission,
transfer duties nor bond registration fees payable.
The Junction is perfectly situated close to Forest Hill Mall, the N14 highway, and world-class schools such
as Curro Thatchfield and Amberfield College.
save
LIVE THE LIFESTYLE YOU DESERVE!
• Excellent investment opportunity with good returns.
UP TO
00
R50 0
• Cash flow positive from day one.
• Gross salary of ONLY R18 000 pm to qualify.
• Well situated near schools, N14 highway and shops.
WHEN YOU BUY
DIRECTLY FROM US!
24-Hr security Affordable fibre Car wash Kids play area Laundromat Pre-paid
internet available meters
BOOK YOUR VIEWING TODAY!
–
SITE PLAN 9,// $*(
3
2
Asse mbly point
Pla y a re a
Ca r wa sh
Show house
Offic e
La undry
4 1
LOCALITY
WELCOME TO THE NEIGHBOURHOOD
AMENITIES WITHIN 10 TO 15 MIN FROM THE ESTATE:
SCHOOLS SHOPPING ACCESSIBILITY
Nicolini Nursery School 900 m Mall@55 500 m Easy access to R55, N1 and N14
Roaring Lion Nursery School 100 m Forest Hill Mall 1.5 km Close to filling stations like Sasol and Engen
Little Tortoise Nursery School 1.3 km Mall@Reds 6 km
Amberfield College 1.6 km Centurion Lifestyle 8.8 km SPORT AND RECREATION
Curro Thatchfield Private School 3 km Centurion Mall 10.6 km
Planet Fitness 500 m
Laerskool Wierdapark 5.3 km Makro 11 km
Virgin Active 600 m
Laerskool Uitsig 6 km
MEDICAL Uitsig Squash Club 7 km
Cherryland Nursery School 6.5 km
Thatchfield Par 3 Golf Course 8 km
Hoërskool Uitsig 6.7 km
Medipark 24 5.6 km Copperleaf Golf Course 9 km
Laerskool Bakenkop 6.7 km
Healthworx Raslouw 5.2 km Supersport Park Cricket Stadium 12 km
Springvale Primary School 6.3 km
Saxby Medicross 8 km
Laerskool Rooihuiskraal 8.2 km
Netcare Unitas Hospital 13 km
Hoërskool Eldoraigne 10 km
Mediclinic Midstream 17 km
Sutherland High School 10.3 km
PURCHASING PROCESS
STEP 1 SELECT YOUR UNIT
Based on your needs and price range we will help you to select the best unit.
In certain instances, you can reserve a unit for a maximum period of 24 hours.
STEP 2 SIGN THE AGREEMENT OF SALE AND COMPLETE THE BOND APPLICATION FORM (IF
APPLICABLE)
The agreement of sale and application will be completed and signed with your sales consultant.
Provide your supporting documents which includes a copy of your ID, latest three months’ bank
statements and latest three months’ proof of income i.e. a payslip. Please enquire about which
documents are required if you are self-employed. With our in-house bond originator, EUF, we
make your home loan application process as easy as possible. It’s a free service to you where you
simply correspond with one person who liaises with the banks on your behalf. All home loan
applications are exclusively facilitated by EUF.
STEP 3 SECURING DEPOSIT (NOT APPLICABLE TO TENANTS)
A R10 000 cash securing deposit must be paid to the conveyancer after signing the Agreement of
Sale. The conveyancer holds your deposit in trust until transfer.
The purchaser earns the interest on the deposit until transfer. Although we only require a
R10 000 securing deposit, the banks may insist on a larger deposit.
STEP 4 BALANCE OF PURCHASE PRICE
In addition to the deposit payable (not applicable to tenants), guarantees for the balance of the
purchase price will have to be provided within 30 days of signing the Agreement of Sale.
There are various types of guarantees:
1. Payment of the full amount into the conveyancer's trust account. The purchaser earns
interest on those funds until transfer.
2. Bank guarantee. Your bank reserves your funds for the purchase and provides a
guarantee for the purchase amount. As account holder you continue to earn interest
on your funds until it is paid over upon transfer for the purchase of the unit.
3. Home loan. An approved home loan by a major bank is regarded as a guarantee.
How much do I qualify for?
To qualify for a home loan, the bank’s criteria dictates that the monthly repayment amount may
not exceed 30% of your combined, gross income.
The bank should approve your loan if:
• Your income and employment are consistent and can be verified.
• Your income is sufficient to cover your current expenses plus the new home loan
repayment.
• Your credit record is clean, and it shows that you conduct your finances well.
Unit type Purchase price Monthly repayment* Minimum required salary
2 bed, 1 bath – 3 Floor rd
R695 000 R5 300 R17 500
2 bed, 1 bath – 2 nd Floor R705 000 R5 380 R17 800
2 bed, 1 bath – 1 st Floor R715 000 R5 460 R18 100
2 bed, 1 bath – Ground Floor R755 000 R5 770 R19 000
*Ts and Cs apply. Repayment based on 7% over 20 years.
FREQUENTLY ASKED QUESTIONS
Q: CAN I PURCHASE A PROPERTY AT THE JUNCTION SUBJECT TO SALE OF ANOTHER
CURRENT PROPERTY?
A: No. Due to the uncertainty of how long it will take to sell your property and the selling
conditions at The Junction to deliver guarantees within 30 days, you cannot buy a unit subject
to sale. However, if your property has already been sold successfully, the risk is less and
timelines can be agreed upon. In this case, please discuss it in more in detail with your sales
consultant.
Q: WHEN DO I START PAYING MY HOME LOAN, WHEN BUYING FROM THE DEVELOPER?
A: The full purchase price must be secured by means of pre-approved finance or a cash
guarantee from the bank within 30 days from the date of signature for the property, but you
will only start paying your home loan to the bank once the property registers at the deeds
office.
Q: WHAT ABOUT TRANSFER COSTS AND OTHER FEES?
A: Transfer duties and bond registration fees are included because you are buying directly
from the developer. For home loan clients, the bank might charge a “bond initiation” fee. This
fee varies between the different banks but is normally around R6 000 and can be included in
the bond term if requested.
Q: WHAT MONTHLY COSTS ARE PAYABLE FROM DATE OF OCCUPATION?
A: a) Levies: calculated at a rate per square meter (R/m²) on the size of your unit. Levies per
unit can be confirmed with your sales consultant.
b) Rates and Taxes: you will need to open a rates account after registration and the
municipality will invoice you according to their property valuation. Rates indications are
available from the sales consultants.
c) Pre-paid electricity: the energy efficient design assists with reducing electricity
consumption. There are various ways to purchase your pre-paid electricity tokens which will
be explained to you upon handover. Water is included in the levies.
Q: CAN I DO ANY ADDITIONS OR EXPAND MY UNIT?
A: This development is built based on a sectional title scheme. It therefore has a body
corporate with governing conduct rules. Should you wish to do any additions or changes to
the property that is visible from the outside, you will need to get body corporate approval first.
Q: IS THE JUNCTION PET FRIENDLY?
A: No. No animals are permitted in the estate.
9,// $*(
UNIT TYPE A SOLD OUT
1 BEDROOM, 1 BATHROOM, SINGLE CARPORT
Ground Floor Total size = 31 m²
UNIT TYPE B
1 BEDROOM, 1 BATHROOM, SINGLE CARPORT
Ground Floor Total size = 36 m²
UNIT TYPE C
2 BEDROOM, 1 BATHROOM, SINGLE CARPORT
Side Entrance Total size = 54 m²
UNIT TYPE D
2 BEDROOM, 1 BATHROOM, SINGLE CARPORT
Back Entrance Total size = 54 m²
UNIT TYPE E
2 BEDROOM, 1 BATHROOM, SINGLE CARPORT
Ground Floor Total size = 58 m²
LIFESTYLE AMENITIES
Close to shops
24-Hour security with patrolling guards Fibre to the Home (FTTH)
Kids play area Laundry services Car wash
RETURN ON INVESTMENT
YOU CAN INVEST IN A CASH FLOW POSITIVE save
BIG
PROPERTY WITH SECURED AND VETTED TENANTS
NO TRANSFER OR REGISTRATION COSTS
LET US TAKE CARE OF YOUR INVESTMENT!
Central Developments, in partnership with CSi Rentals, make buy-to-let investments easy. We
offer our investors the option of a turnkey rental placement and management service. The
Junction has achieved high rental demand over the past five years due to its
close proximity to central Centurion , Midrand and Pretoria. In addition to high rental
demand, you can expect excellent capital growth because of its perfect location.
Purchase Rental Net
Year
Price Income Levy Rates Rental ROI Total ROI Shortfall (-)
(capital growth (5% esc. (5% esc. pm Income (excl. capital (5% capital growth + or Surplus (+)
@ 5% p.a.) p.a.) p.a.) pm growth) net rental income p.a.)
2 Bedroom + 1 Bathroom, Ground Floor, 56 m² (R755 000)
1 R 755 000 R7 100 R 999 R 600 R5 501 8,7% R 103 762 13,7% -R 299
2 R 792 750 R7 455 R1 050 R 600 R5 805 8,8% R 109 298 13,8% R 5
3 R 832 388 R7 828 R1 103 R 600 R6 125 8,8% R 115 119 13,8% R 325
2 Bedroom + 1 Bathroom, 1st Floor, 56 m² (R715 000)
1 R 715 000 R6 900 R 999 R 558 R5 343 9,0% R 99 866 14,0% -R 157
2 R 750 750 R7 245 R1 050 R 558 R5 637 9,0% R 105 182 14,0% R 137
3 R 788 288 R7 607 R1 103 R 558 R5 946 9,1% R 110 769 14,1% R 446
2 Bedroom + 1 Bathroom, 2nd Floor, 56 m² (R705 000)
1 R 705 000 R6 900 R 999 R 548 R5 353 9,1% R 99 486 14,1% -R 112
2 R 740 250 R7 245 R1 050 R 548 R5 647 9,2% R 104 777 14,2% R 182
3 R 777 263 R7 607 R1 103 R 548 R5 956 9,2% R 110 338 14,2% R 491
2 Bedroom + 1 Bathroom,3rd Floor, 56 m² (R695 000)
1 R 695 000 R6 700 R 999 R 538 R5 163 8,9% R 96 706 13,9% - R 225
2 R 729 750 R7 035 R1 050 R 538 R5 447 9,0% R 101 852 14,0% R 59
3 R 766 238 R7 387 R1 103 R 538 R5 746 9,0% R 107 261 14,0% R 358
Calculations are based on conservative projections and linked to prime interest rate of 7%.
Calculations exclude a rental management fee of 9%.
9,// $*(
9,// $*(
ON SHOW DAILY
CALL US NOW! MON - FRI:
SAT:
09:00 - 18:00
09:00 - 17:00
061 582 9710 SUN: 12:00 - 17:00
Address: The Junc tion, Silwer -Eike Ave, Heuweloord, Centurion
E
RT
IN
MA
TE
IM
RU
14
R1
VE
-E IK E A
S IL W E R
R55
9,// $*(
MALL@55
MAR AIS AVE
MIN GER HOU T AVE
ST
M A R IE
WAY
FOREST HILL
GH
CITY
N1 HI
IGH WAY
N14 H
*Map not to scaleYou can also read
