THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
THE HOME OF YOUR DREAMS
   IN THE WATERFALL NODE
THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
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 445 000 and R2 845 000. 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

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
Type A
           3 bed, 2.5 bath
          + double garage

 House                            100 m²
 Covered patio                      11m²
 Double garage                     40 m²

  Total area                          151 m²

            Units selling from
21
 units
               R2 445 000

Artist impression floorplan may be mirrored.
For final layout consult SDP.

                                               3
THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
Type B
           3 bed, 2.5 bath
          + double garage

 House                             110 m²
 Covered patio                       11m²
 Double garage                      40 m²

  Total area                        161 m²

            Units selling from
28
 units
               R2 545 000

Artist impression floorplan may be mirrored.
For final layout consult SDP.

                                               4
THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
Type C
           3 bed, 2.5 bath
          + double garage

 House                             125 m²
 Covered patio                      18 m²
 Double garage                      40 m²

  Total area                        183 m²

            Units selling from
29
 units
               R2 845 000

Artist impression floorplan may be mirrored.
For final layout consult SDP.

                                               5
THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
Type D
             3 bed, 2 bath
          + double garage

 House                            100 m²
 Covered patio                     15 m²
 Double garage                     40 m²

  Total area                        155 m²

            Units selling from
  11
 units
               R2 475 000

Artist impression floorplan may be mirrored.
For final layout consult SDP.

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
Central facility with
                     swimming pool, kids play area
                             and braais

    Entrance

           vis Ave
      Panne
                                                     SITE MAP

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
LOCALITY

                  Welcome to the neighbourhood
                                                                                                                                            SANRIDGE                                                            VODAWORLD
                                                                                                                                         SHOPPING CENTRE
                                                                                              R55

STEYN CITY                                                                                                                            CARLSWORLD
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                                                                                                KYALAMI ESTATE                                CARLSWALD                                                             AIRPORT
                                                      KYALAMI CORNER                                                                                                                              N1

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                                                                                             KYALAMI PARK                                                           UNISA SBL

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DAINFERN

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                                                                                 Pitts Ave                                                                                                           MIDRAND
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                                                                                                                                             MALL OF AFRICA
FOURWAYS MALL                                                         WATERFALL CORNER
                                                                                                Maxwell Dr

MONTECASINO
                                                                                                                     Woodmead Dr

                                             PAULSHOFF
                                                                      SUNNINGHILL                                                                 N1
                  N1

                                             RIVONIA CROSSING
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                                                               NETCARE                                                                         CELL C
                                                                                                             WOODMEAD
                                 BRYANSTON                   SUNNINGHILL
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                          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
THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
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.

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THE HOME OF YOUR DREAMS IN THE WATERFALL NODE - Central ...
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          Es�mated           Es�mated              Net   Net Rental                      Total
             Price             Rental pm          Levy pm           Rates pm             Rental   Return                      Return on
 Year

          (capital growth       (gross with     (incl. sanita�on
                                                                                        Income                               Investment
           es�mated at         5% p.a. esc.)         charge,                              pm    (excl. capital            (5% capital growth +
              5% p.a.)                            (5% p.a. esc.)                                         growth)           net rental income)

                                         Type A 151 m² - Free-standing house
      3 Bedrooms, 2.5 bathrooms with covered pa�o and double garage from R2 445 000 (costs included)
  1        R2 445 000            R18 000            R2 322             R1 407           R14 271            7,0%           R293 502      12,0%
  2        R2 567 250            R18 900            R2 438             R1 489           R14 973            7,3%           R308 036      12,6%
  3        R2 695 613            R19 845            R2 560             R1 575           R15 710            7,7%           R323 297      13,2%

                                         Type B 161 m² - Free-standing house
      3 Bedrooms, 2.5 bathrooms with covered pa�o and double garage from R2 545 000 (costs included)
  1        R2 545 000            R18 800            R2 442             R1 474           R14 884            7,0%           R305 856      12,0%
  2        R2 672 250            R19 740            R2 564             R1 560           R15 616            7,4%           R321 008      12,6%
  3        R2 805 863            R20 727            R2 692             R1 649           R16 385            7,7%           R336 918      13,2%

                                         Type C 183 m ² - Free-standing house
      3 Bedrooms, 2.5 bathrooms with covered pa�o and double garage from R2 845 000 (costs included)
  1        R2 845 000            R21 000            R2 706             R1 676           R16 618            7,0%           R341 671      12,0%
  2        R2 987 250            R22 050            R2 841             R1 771           R17 438            7,4%           R358 613      12,6%
  3        R3 136 613            R23 153            R2 983             R1 871           R18 298            7,7%           R376 403      13,2%

                                         Type D 155 m² - Free-standing house
        3 Bedrooms, 2 bathrooms with covered pa�o and double garage from R2 475 000 (costs included)
  1        R2 475 000            R18 200            R2 370             R1 427           R14 403            7,0%           R296 585      12,0%
  2        R2 598 750            R19 110            R2 489             R1 510           R15 111            7,3%           R311 273      12,6%
  3        R2 728 688            R20 066            R2 613             R1 597           R15 855            7,7%           R326 695      13,2%

                                                      * 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.

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ON SHOW DAILY
                                                              Visit us 7 days a week
                                  Mon - Sat 09:00 - 17:00 | Sun 12:00 - 17:00
                                                              Gerald St

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                                                                                        Moerdyk                                                      HALFWAY
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                                                                                                                                                               N1
     Pitts Ave

                 Kyalami Estate
                                    Anton Hartman

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                                           ENTRANCE IN PANNEVIS AVENUE

                       For more information, contact us on                                                                           0861 73 84 73

                                                                                                              PROUDLY                                                              11
Kids play area

Pool at central facility             Close to shops

    Small-pet friendly

                                     Braai facilities

      Private gardens      Fibre to the Home (FTTH)
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