Affordability Calculator
Zero rates & levies payable for the first year
The Glen
Bellville, Cape Town, Western Cape
1 & 2 bedroom apartments in a great locations!
Priced From:
R 640,000
Rental Income:
R 57,600
Gross ROI up to:
9.61%
Transfer and bond fees included
No transfer duty payable
About
The development is located on the corner of Peter Barlow and Bester Roads in Glenhaven, and measures 7.4 hectares.
Amenities
There is a huge backlog of affordable housing, especially located near opportunities of education, employment, transport and amenities.
Travel
Cape Town CBD
28km
Bellville CBD
5km
Cape Town International Airport
12km
Education
Shopping & Recreation
Medical
Unit type A
Priced from R645,000
Unit type A
Priced from R645,000
1
1
1
32m²
Levies
R0
Rates
R0
Rental income
R5,000 pm
Bond repayment
R4,400 pm*
Est. Shortfall
R25 pm
Terms and conditions apply *Bond repayment @30 years based 7%. All rates and levies are estimated values at the time and may vary.
Unit type B
Priced from R880,000
Unit type B
Priced from R880,000
2
1
1
46m²
Levies
R0
Rates
R0
Rental income
R6,200 pm
Bond repayment
R6,003 pm*
Est. Shortfall
R516 pm
Terms and conditions apply *Bond repayment @30 years based 7%. All rates and levies are estimated values at the time and may vary.
Investor
Occupation from September / October 2022
Gross rental yields up to 9,61%
Rental income projected from R4 800 to R6 500 per month
Up to 100% bond financing available
ZERO levies year one
ZERO property rates year one
Buy directly from the developer
UWC and CPUT within 5km
Tenant insurance offered - secure your rental income
Transfer and bond registration fees included
No transfer duty payable
Property tax strategies offered by IGrow Chartered Accountants
Company & trust advice and setup through IGrow Trusts
Deduct up to R492 250 against taxable income through Section 13sex tax
Only R10 000 reservation deposit required (Refundable*)
We give our investors the tools, knowledge and peace of mind to start a buy-to-let business and to make property investment the cornerstone of their pension fund for early and carefree retirement.
Book a consultation
Complete the form to schedule your property investment consultation
By submitting your details via this online form, you agree to be contacted via email by the IGrow Group in relation to its property investment brands.
We're looking forward to walk this journey with you towards financial freedom.
