2 Bed Apartment in Glenhaven

WHY INVEST IN THE BLOCK:

- FULLY TENANTED - earn income from registration

- Lowest monthly contributions guaranteed*

- Capitalise on Cape Town''s exceptional property growth

- High demand rental node

- 97% Tenant paying rate in area

- Bond and transfer fees included - save up to R60 000

COME AND EXPERIENCE THE BLOCK LIFESTYLE :

One bed, one bath priced from R729 900

Two bed, one bath priced from R849 900

The Block Estate situated in Bellville, is a secure and well maintained complex, with easy access to public amenities & public transport. It offers 24hr security with biometric access control, kids play areas and communal gardens. For residents'' benefit there is also a laundry facility and a convenience store in the estate. The Block is also Fibre & DSTV ready and comes with one allocated parking per unit.

INVESTMENT BENEFITS:

- Already tenanted - earn income from registration

- 97% Tenant paying rate in area

- 140% Average capital growth for Cape Town since 2013

- R65 196 rental assist to IGrow investors*

- Gross rental yields up to 13,4%

- Bond and transfer fees included

- Save up to R60 000 in transfer fees

- No transfer duty payable

- Up to 100% bond financing available

- Existing leases with rental income from R5 900 to R7 350 p/m

- 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

- R2 500 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 guarantee on roof structures

- Building insurance covered by levy

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.

The Block DISCLAIMER IGrow makes no warranties, whether expressed or implied, in regard to the email, contents, accuracy, financial projections and/or assumptions nor availability. The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information and the use thereof by the User. Attorney and bond fees for transfer paid by Seller only where appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable. *Rental assist only applicable where buyer signs a rental mandate with IGrow Rentals for the duration of the rental assist offering. Rental assist not applicable on Airbnb or short term letting. Tenant insurance funded from Rental assist. Up to R200,000 below market value based on market value of new builds in the Bellville area.