2 Bed Apartment in Glenhaven

R 1 095 000

Igrow Wealth Investments

IGrow Wealth Investments

Invest Igrow

IGrow Wealth Investments

2 Bed Apartment in Glenhaven

R 1 095 000

Address: 1 the glen, corner of bester and peter barlow
2 Beds
1 Baths
Floor Area 52 m²

We have an exciting announcement on the launch of the next phase within the very popular The Glen. As the first occupations are already in place, this sought after security estate now offers a fantastic new design of with a village feel, boasting larger two bedroom, one bathroom apartments. The development is located in a 7.4 hectare plot, on the corner of Peter Barlow and Bester Roads in Glenhaven.

This integrated housing project offers affordable mixed-tenure housing opportunities in a close proximity to public transport, opportunities of employment, and public amenities including schools, state hospitals and public libraries. It is also close to great fantastic tertiary institutions, with both the University of the Western Cape (UWC) and the Cape Peninsula University of Technology (CPUT) Bellville Campus only 1.2km's away, making this it ideal for families and students.

Investment benefits

- Occupation from mid 2023

- Gross rental yields up to 7,89%

- Rental income projected from R7 200 to R7 500 per month

- ZERO levies year one

- ZERO property rates year one

- Up to 100% bond financing available

- Deduct up to R632 500 against taxable income through Section 13sex tax incentives*

- Buy directly from the developer

- Blocks A & B tenanted within 2 months due to popularity

- 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

- Only R10 000 reservation deposit required (Refundable should financing not be approved)

Apartment features

- Semi-private gardens to ground floor apartments

- Built-in braai to each apartment

- Fibre installed to all units

- Built-in cupboards in bedrooms and kitchen

- Granite kitchen countertops

- Washing machine/dishwasher point in kitchen

- Tiled throughout for easy maintenance

- Clever site design with natural lighting

- Security gates to front doors and ground floor sliding doors

- Burglar bars to all opening windows

- Pre-paid water and electricity meters

- Modern sanitary finishes

- One parking bay per apartment provided

- Low levies

- Five year NHBRC warranty

Development features

- Now offering a ground and first floor larger design apartments

- Ample open spaces between phases

- Electrified perimeter fencing

- Biometric access controlled

- On-site security guards

- High rental demand development

- Close to job opportunities

- On public transport routes

- Great tertiary education within 5km (CPUT and UWC)

- Plenty of recreational amenities in surrounds

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Key Property Features

2
Bedrooms
1
Bathrooms
1
Covered Parkings
1
Lounges
Balcony
Garden
Kitchen
Patio

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Experience Bellville

The residential suburb of Bellville is just 25 kilometres outside Cape Town, with majestic views over the winelands and the Stellenbosch Mountains. Living in Bellville is convenient and ideal for families and visitors alike, as the CBD and various shopping centres are just around the corner. The area and houses are well established, providing a safe and friendly atmosphere. Many young entrepreneurs, students and families live here, giving the area a balanced variety of residents. Many famous South African bands hail from Bellville, so it's gained the nickname Bellville Rock City.

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2 Bed Apartment in Glenhaven

R 1 095 000

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