2 Bedroom House in Heiderand

Save monthly on your rental with available Government Subsidies, if you qualify for the subsidy.

This is exclusive for someone who lives in the Mossel Bay area and a South African citizen, with a financial dependent - such as a spouse of a child and never owned a property before & earns between R11 000 - R22 000 - gross income - before deductions - ito the Government subsidy terms and conditions.

Step into homeownership the smarter way with our instalment sale and rental optiondesigned to make owning your home more affordable and accessible.

If your combined monthly household income is between R11 000,00 up to R22 000.00 - before deductions per month - then you can apply.

If you qualify for the First Home Finance subsidy, your monthly rental is reducedhelping you save from day one - example:

Income of R10,500month - Save approx. R1,200month

Income of R12,000month - Save approx. R1,080month

Income of R15,000month - Save approx. R860month

Savings depend on subsidy qualification & will be calculated individually for each application

Rent Now. Buy Later.

Secure your home with a 2-year rental agreement, then purchase at a reduced pricewith your subsidy already factored in.

This means lower monthly bond repayments when you buy.

Rent Now. Buy Later.

Secure your home with a 2-year rental agreement, then purchase at a reduced pricewith your subsidy already factored in.

This means lower monthly bond repayments when you buy.

Property Features:

Brand new units

Open-plan tiled living & kitchen area

Modern bathroom toilet, basin & bath

Two upstairs bedrooms with built-in cupboards

View the Show House

A fully furnished show unit is available for viewing units are soldrented unfurnished.

Bring a friend and explore the option of sharing a 2-bedroom home.

How to Apply:

1. Watch the walk-through video

2. Our agent will forward you with an online form to complete to check the subsidy available for you

3. Indication of the Subsidy amount made available provisional

4. Final rental determined Standard rent less subsidy

5 Tenant accepts the rental amount & terms and conditions

6. Administration fee paid R250.00 & credit and affordability checks completed

7. Submit proof of income & bank statements

8. Receive the outcome

9. Complete the process & lease signed

10 Payment of the deposit

10 Agree on a date to move in.

Qualification Criteria

Minimum household income: R10,500 pmonth - Max R22 000.00 gross pm

Never owned a property before

Good rental payment history

Living in the Mossel Bay area

Costs

Deposit: R4,500 payable in 2 instalments before move-in

Admin Fee: R250 payable to MDW Inc Attorneys

Purchase Details

Purchase Price: R429,000 includes all transfer costs

Subsidy reduces both rental and future bond repayments

Rental Adjustments

Annual increase of 5 from year 2

Ready to take the next step

Contact our agent today to start the process to secure your own home

Property Rates and taxes, water and electricity to be paid by the tenant.

Terms & conditions apply.

All applications subject to approval by the current owner.