2 Bed Apartment in Durbanville

Two bedroom, one bathroom luxury apartments SELLING FROM R1,359,000

Langeberg Glen, bordering Durbanville, Cape Town

Occupation early 2024

97% Tenant paying rate in area

14% Average capital growth p/a since 2013

R70 320 rental assist to investors*

No transfer duty

No transfer and bond costs

Save up to R72 000 in attorney fees

INTRODUCING OAKLEAF PLACE:

AN EXCLUSIVE INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS LANGEBERG GLEN AREA OF CAPE TOWN'S NORTHERN SUBURBS. THESE LUXURIOUS 2-BEDROOM, 1 BATHROOM APARTMENTS OFFER SOPHISTICATED YET COSMOPOLITAN DESIGN, PERFECT FOR THOSE SEEKING THE ULTIMATE IN LUXURY LIVING.

But that's not all - with easy access to a host of amenities including shopping centres, gyms, schools, and healthcare facilities, Oakleaf Place offers unparalleled convenience for residents. Investors can take advantage of our special offer with bond and transfer fees included, as well as a 55% deduction against taxable income for those expanding their section 13sex investment portfolio.

Construction is set to begin in mid-2023, with the first occupants expected to move in early 2024. With only a limited number of units available, Oakleaf Place presents a unique opportunity for investors to maximize their capital growth and rental income. Don't miss out on this exceptional investment opportunity. Invest in Oakleaf Place today and experience the pinnacle of luxurious living in the Northern Suburbs of Cape Town.

INVESTMENT BENEFITS

Occupation from early 2024

97% Tenant paying rate in area

14% Average capital growth p/a since 2013

R70 320 rental assist to investors*

Gross rental yields up to 10,88%

Bond and transfer fees included

Save up to R72 000 in transfer fees

No transfer duty payable

Buy directly from the developer

Up to 100% bond financing available

Rental income from R9 250 to R9 750 per month

Deduct up to R769 450 of the purchase price against taxable income through Section 13sex

IGrow Rentals will place and manage your tenant for you

Property tax strategies offered by IGrow Chartered Accountants

Company & trust advice and setup through IGrow Trusts

R20 000 reservation deposit required (refundable should financing not be approved)

APARTMENT FEATURES

Spacious upmarket 2 bedroom, 1 bathroom apartments

Built-in -braai's to spacious patio/balconies

Exclusive use garden areas to all ground floor apartments

Fibre installed to all units

Front door security gate and burglar bars

Washing machine/dishwasher point in kitchen

Tiled throughout for low maintenance

Built-in slimline oven with gas hob

Granite kitchen countertops

One full bathroom (Shower and bath)

Clever site design with natural lighting

Smart water meters

100 litre geyser to each apartment

Pre-paid electrical meters

Modern sanitary finishes

One secured open parking bay per apartment

5 year NHBRC Warranty

12 months gaurantee on roof structures

Building insurance covered by levy

DEVELOPMENT FEATURES

Views over Boland mountain range

Walking distance to many amenities & shops

On public transport routes

Last opportunity to purchase in this high capital growth node

Guardhouse facilities

Ample visitors parking bays

Fibre ready apartments

Electric fencing on top of boundary wall

Tiled roof coverings - less maintenance

External geysers - easy access & maintenance