THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE
CHOOSE YOUR LUXURY HOME
You’re moving in the right direction
This brand-new security estate in the Waterfall node offers spacious and cleverly designed, free-standing
three-bedroom, two-bathroom houses with double lock-up garages and private walled gardens. Prices
range between R2 495 000 and R2 895 000. SAVE up to R225 000 when you buy directly from the developer
as there are no agent commission, transfer duties nor bond registration fees payable. Visit our show village to
view each of the unit types available for sale. We are open 7 days a week. Houses are now sold off-plan and the
first buyers will have the opportunity to choose their own finishes.
There’s no space wasted on stairways! The single-level floorplans are modern and practical. Large stacking
doors allow for the inside living space to flow seamlessly outward and vice versa. With this design, the garden
becomes part of the home, ensuring that you make the most of Gauteng’s beautiful weather. In addition, the
energy-efficient and low maintenance design will keep the cost of ownership low for years to come.
Small pets are also welcome, subject to prior approval by the estate. Madison Manor @ Waterfall is perfectly
located in one of the fastest-growing and most desirable areas in South Africa. It’s close to several established
schools and shopping centres, such as the Mall of Africa, and also has easy access to all major routes leading to
Johannesburg, Sandton and Pretoria.
Act fast, so you don’t miss out on this limited opportunity! There’s an overwhelming demand for family-
friendly houses within secure lifestyle estates in the area, and there are only 89 houses in this development.
Contact us today, and let us help you and your family enjoy many happy years at Madison Manor @ Waterfall.
THE LIFESTYLE THAT MADISON MANOR OFFERS YOU
· Free-standing houses · State-of-the-art security · Central facility with braais, pool and kids play area
Private gardens · Pet friendly · Fibre to the Home (FTTH) · Close to major roads and amenities
2
3
4
5
6
Central facility with
swimming pool, kids play area
and braais
Entrance
vis Ave
Panne
SITE MAP
7
LOCALITY
Welcome to the neighbourhood
LOCALITY MAP
SANRIDGE VODAWORLD
SHOPPING CENTRE
R55
STEYN CITY CARLSWORLD
SHOPPING CENTRE N ew
Rd
GRAND CENTRAL
KYALAMI ESTATE CARLSWALD AIRPORT
KYALAMI CORNER N1
UNISA SBL
Rd
KYALAMI PARK
Main a
retori
DAINFERN
Old P
Pitts Ave MIDRAND
KYALAMI
RACE TRACK
KYALAMI HILLS
All
Le
an
Ro
da
ux
le
Av
Rd NETCARE
e
WATERFALL CITY
d
BARBEQUE DOWNS
R
WATERFALL CITY
er
kk
Be
MOSQUE
d
in R
Ma
MALL OF AFRICA
FOURWAYS MALL WATERFALL CORNER
Maxwell Dr
MONTECASINO
Woodmead Dr
PAULSHOFF
SUNNINGHILL N1
N1
RIVONIA CROSSING
N1
RIVONIA
NETCARE CELL C
WOODMEAD
BRYANSTON SUNNINGHILL
BUCCLEUCH
M1
AMENITIES WITHIN 10-15 MIN FROM THE ESTATE
SCHOOLS HEALTH HOSPITALS AND CLINICS
Halfway House Primary School 2.6km Shapes for Women 1.4km Midrand Veterinary Hospital 1.6km
Curro Waterfall 3.3km Crossfit Kyalami 3.8km Midrand West Clinic 2.4km
Midrand High School 3.4km Virgin Active Carlswald 4.3km Netcare Waterfall City 3.0km
Kyalami Montessori Pre-school 3.8km Virgin Active Waterfall 4.4km Medicross Carlswald 5.0km
Reddam House Waterfall 4.9km Bodytec Waterfall 6.4km Netcare Sunninghill 8.6km
Kyalami Estates Pre-Primary 5.8km Midrand West Clinic 9.0km
Kyalami Primary School 5.8km
Midrand Primary School 6.8km FOOD AND ENTERTAINMENT
Midrand Montessori Primary School 7.4km Swiss Country Club 1.1km
Kyalami High School 10.0km Pizza Perfect Vorna Valley 1.3km
Heaven’s Kitchen 1.5km
Kyalami Grand Prix Circuit 2.9km
SHOPPING MALLS Andiccio24 Kyalami 3.6km
Vorna Valley Shopping Centre 1.4km Bounce Waterfall 4.3km
Mall of Africa 3.0km Turn ‘n Tender 4.4km
Carlswald Shopping Centre 4.2km The Hussar Grill 4.6km
Kyalami Corner Shopping Centre 4.3km RocoMama’s Kyalami 6.8km
Montecasino 18.8km 8
PURCHASING PROCESS
STEP 1 SELECT YOUR UNIT
Based on your needs and price range we’ll 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 PROVIDE ALL FICA DOCUMENTATION
FICA documents include a copy of your ID, proof of residence and your tax number on a SARS letterhead.
STEP 3 SECURING DEPOSIT
You must pay a R20 000 cash securing deposit to the conveyancer upon signing the agreement of sale.
The conveyancer holds your deposit in a trust until transfer and you earn interest on the deposit until
transfer.
Transfer takes place after the unit is completed, ready for occupation and signed off by the purchaser.
Although we only require a R20 000 securing deposit, the banks may insist on a larger deposit.
STEP 4 BALANCE OF PURCHASE PRICE
In addition to the deposit payable, you will have to provide guarantees for the balance of the purchase
price within 30 days of signing the agreement of sale.
There are various types of guarantees:
1. Payment in full. Payment of the full amount into the conveyancer’s trust account. You earn
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 lending criteria dictates that the monthly repayment amount
may not exceed 30% of your combined gross income. To quality for a loan of R2 445 000 you need to
earn a minimum combined gross household income of R63 186.
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.
9
EXPECTED RENTAL RETURNS
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 Waterfall node
is experiencing high rental demand due to many large corporates who have relocated their offices to
the area. In addition to the high rental demand, you can expect excellent capital growth due to the
development’s perfect location in this desirable and growing area.
Purchase Expected Net Net Rental Total
Price Rental pm Levy pm Rates pm Rental Return Return on or Surplus
Year
(capital growth (gross with
Income Investment (rental income -
5% p.a. esc.) charge, pm (excl. capital (5% capital growth + bond - levy -
5% p.a.) (5% p.a. esc.) growth) net rental income) rates)
Type A 151m² I Freestanding simplex I 3 Beds, 2.5 Baths, Double Garage (Costs included)
1 R2 495 000 R18 000 R2 322 R1 441 R14 237 6,8% R295 599 11,8% R-5,106
2 R2 619 750 R18 900 R2 438 R1 524 R14 938 7,2% R310 238 12,4% R-4,406
3 R2 750 738 R19 845 R2 560 R1 612 R15 673 7,5% R325 609 13,1% R-3,671
Type B 161m² I Freestanding simplex I 3 Beds, 2.5 Baths, Double Garage
1 R2 595 000 R18 800 R2 442 R1 508 R14 850 6,9% R307 954 11,9% R-5,269
2 R2 724 750 R19 740 R2 564 R1 595 R15 581 7,2% R323 210 12,5% R-4,538
3 R2 860 988 R20 727 R2 692 R1 686 R16 348 7,6% R339 230 13,1% R-3,771
Type C 183m² I Freestanding simplex I 3 Beds, 2.5 Baths, Double Garage
1 R2 895 000 R21 000 R2 706 R1 709 R16 585 6,9% R343 768 11,9% R-5,860
2 R3 039 750 R22 050 R2 841 R1 806 R17 402 7,2% R360 815 12,5% R-5,043
3 R3 191 738 R23 153 R2 983 R1 908 R18 261 7,6% R378 715 13,1% R-4,184
Type D 155m² I Freestanding simplex I 3 Beds, 2.5 Baths, Double Garage
1 R2 505 000 R18 200 R2 370 R1 447 R14 383 6,9% R297 843 11,9% R-5,039
2 R2 630 250 R19 110 R2 489 R1 531 R15 090 7,2% R312 594 12,5% R-4,331
3 R2 761 763 R20 066 R2 613 R1 620 R15 833 7,6% R328 083 13,1% R-3,588
* Capital growth projected at 5% p.a.
* Calculations based on self management of rental. CSi rental management at a fee, is recommended.
* Costs only included if the attorney appointed by the developer attends to transfer and bond registration.
10ON SHOW DAILY
Visit us 7 days a week
Mon - Sat 09:00 - 17:00 | Sun 12:00 - 17:00
Gerald St
St
Moerdyk HALFWAY
GARDENS
N1
n St
Pitts Ave
Kyalami Estate
Anton Hartman
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Ca
Pannevis
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KYALAMI u
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KYALAMI
GARDENS
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Netcare Mall of Africa
Waterfall
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Waterfall Corner
ENTRANCE IN PANNEVIS AVENUE
For more information, contact us on 0861 73 84 73
11Kids play area
Pool at central facility Close to shops
Small-pet friendly
Braai facilities
Private gardens Fibre to the Home (FTTH)You can also read
