OFFSET UP TO R382 000 AGAINST TAXABLE INCOME OVER 20 YEARS - IGrow Wealth Investments
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
IG ROW W E A LT H I N V E S T M E N T S
Limited investment opportunity
in the award-winning Stellendale Village, Kuils River, Western Cape
2 Bedroom apartments in high demand suburb
OFFSET UP TO R382 000
AGAINST TAXABLE INCOME OVER 20 YEARS
Priced from R695 000
Welcome to Stellendale Village, the winner of the 2007 housing
project from the South African Housing Foundation.
One of Cape Town’s fastest growing suburbs Within a few minutes’ drive from Cape Town International Airport, this area is also home to major manufacturers such as Coca-Cola and Nampak. Kuils River is one of the fastest growing suburbs of Cape Town due to its perfect location. It affords residents the opportunity to connect to the Cape Town CBD, Stellenbosch and Somerset West via several major interlinking roads connecting the north and south of the peninsula. Stellendale Village has 24-hour manned security with patrolling guards throughout the estate. The Village – which consists of apartments, houses and retirement facilities – was designed for people of all ages to benefit from a strong community within a secure environment, while still offering generous open spaces between apartments and homes. Previously, the estate only had freestanding homes for sale, with most of the apartments held in property funds and not available for the public to purchase. IGrow now offers investors an opportunity to add one of these exceptional 2-bedroom apartments to their investment portfolio. Prices start from only R695 000, with bond and transfer fees included, which makes this development a perfect fit for the investor looking to add a positive cashflow property to their portfolio. Being sold off-plan makes these apartments the perfect vehicle for investors to take advantage of the Section 13sex tax incentives, offered by the South African Revenue Services, and offset 55% of the purchase price against their taxable income. Only 108 apartments are available – make sure you do not miss out! 2 | Stellendale - Kuils River, Cape Town
Location
Kuils River, Cape Town
Amenities
NORTHERN SUBURBS Travel
Cape Town CBD 24.4 km
Cape Town International Airport 12.8 km
Bellville CBD 10.3 km
Stellenbosch CBD 18.2 km
Education
DURBBANVILLE
KRAAIFONTEIN N1
De Kuilen primary and high schools 4.7 km
Kuils River Primary 4.5 km
University Western Cape 8.5 km
BRACKENFELL
Medical
BELLVILLE R300 Netcare Kuilsriver 5.6 km
Tygerberg Hospital 13 km
Kuils River Clinic 4.4 km
KUILSRIVER
Sarepta Day Hospital 4.9 km
Retail & Shopping:
Zevenwacht Mall 1.7 km
Somerset Mall 22 km
Spar Kuilsriver 2.1 km
Stellendale - Kuils River, Cape Town | 3
4 | Stellendale - Kuils River, Cape Town
Good standing ratio
Overview of the suburb goodstanding ratio per period against the national average rent
collection. (Will I get paid?)
DNP - Did not pay GP - Grace Period
PL - Paid late POT - Paid on Time
PP - Partial Payment
Good Standing ratio = 89% vs National of only 77%
Stellendale - Kuils River, Cape Town | 5
Why invest in Stellendale
INVESTMENT BENEFITS
DEVELOPMENT FEATURES
10.68% R24 600 24 hour manned security estate
—
Gross ROI Projected from 10.68%
—
R24 600 Rental Assist to investors*
Ground floor units with exclusive paved area
Centrally located to all amenities and facilities
SHORTFALLS BELOW R700 P/M (EVEN ON 100% FINANCING) such as CPUT, UWC and University of Stellenbosch
FREE Wealth Plan & 12 months’ Platinum Membership Petrol station with small shop at entrance gate
Less than 2km to Zevenwacht Mall
Up to 100% bond financing available
Clever space saving designs
Transfer and bond fees included* (Save a further R44 000!)
Built-in cupboards in kitchen and bedrooms
No transfer duty payable
Tiled throughout
Projected rental income from R68 196 per year No maintenance aluminium window frames
Strong rental demand for apartments in this specific security village Solar geysers to save on electricity charges
Building insurance & external maintenance covered by levy One cold water washing machine point
FREE consultation with one of our Property Investment Rustenburg granite kitchen counter tops
Strategists to help you build your investment portfolio Burglar bars to all opening windows
Free standing stove
Offset 55% of the purchase price through Section 13sex tax incentives
Prepaid electricity meters
Property tax strategies by IGrow Chartered Accountants
Monthly measured water consumption
Company & Trust setup and advice through IGrow Trusts 1 covered parking bay per apartment
Covered stairs and passageways
Projected income from: 2 Bed, 1 bath apartments from: Pitched roofs with tiles
R68 196 p/a R695 000
5 Year NHBRC Warranty
Fibre ready
6 | Stellendale - Kuils River, Cape Town
COMPREHENSIVE END-TO-END RENTAL MANAGEMENT IGROW RENTALS, OUR IN-HOUSE RENTAL MANAGERS
Tenant vetting & placement Ingoing & outgoing inspections
Rental collection Maintenance service available
MASSIVE TAX INCENTIVE FOR INVESTORS
Section 13sex of the Income Tax Act applies where up to 55% of the purchase price can be used as a deduction against the
investor's income for tax purposes when purchasing five or more properties.
Enjoy 20 years of tax deductions through Section 13sex.
1 2 3 4 5
55%
deduction through Section
20
years
Tax deduction through
Section 13sex tax rebates
13sex tax rebates
Visit our website for more information on this amazing tax incentive.
www.igrow.co.za
Stellendale - Kuils River, Cape Town | 7Site Development Plan
Stellenbosch Lodge
Rawsonville Lodge
Robertson Lodge
Perdeberg Lodge
Paarl Lodge
Orange River Lodge
8 | Stellendale - Kuils River, Cape TownGround Floor Plan
Stellendale - Kuils River, Cape Town | 9First Floor Plan 10 | Stellendale - Kuils River, Cape Town
Second Floor Plan
Stellendale - Kuils River, Cape Town | 11Typical Unit Type
TYPE A - Ground Floor
R699 000
2 bedrooms | 1 bathroom
Unit size - 40m²
1 Covered Parking Bay
Exclusive Use Garden
Free Wealth Plan included
12 months' Platinum Membership included
R24 600 Rental Assist
Levies projected at R1 100 p/m
Rates projected at R245 p/m
12 | Stellendale - Kuils River, Cape TownTypical Unit Type
TYPE B - First and second floor
R695 000
2 bedrooms | 1 bathroom
Unit size - 40m²
1 Covered Parking Bay
Free Wealth Plan included
12 months' Platinum Membership included
R24 600 Rental Assist
Levies projected at R1 100 p/m
Rates projected at R245 p/m
Stellendale - Kuils River, Cape Town | 13Get in Touch
WEALTH INVESTMENTS HOMELOANS WEALTH MANAGEMENT
IGrow is a group of property investment companies which assists property investors to
achieve financial independence by building lasting wealth through high-performing
property portfolios.
RENTALS TRUSTS MAINTENANCE
Contact us for more information:
info@igrow.co.za
CAPE TOWN: +27 (0)21 979 2501
PRETORIA: +27 (0)12 943 0201
STELLENDALE 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. *Rental assist to IGrow investors using IGrow Rentals.
14 | Stellendale - Kuils River, Cape TownYou can also read
