Glen Acres Park Estate - Secure residential estate in Austin Road, Midrand
Finance is now available for these unique Rent2buy properties. No need to "beg" a bank for a home loan. Rent2buy can finance your dream to come true.
Secure your own home in Midrand in the Glen Acres Park Estate today, without first needing to qualify for a home loan. The new Glen Acres development is the first development of its kind in the rolling green surroundings of Glen Austin and offers a friendly open lifestyle. This is made possible through a unique agreement between Rent2buy and Group 5 Properties where three different unit types are available to buy from R845,000.
Perfect for home buyers who need to get their foot in the door. A home buyer is given the opportunity to secure a property to buy and the purchase price is 'frozen' for a year or two, the buyer can move into the home to purchase, rent it for a year or two, and then gradually build up a bigger deposit to assist with an easier application for a home loan at the end of the one or two year period. A nominal price increase is applicable to cover some direct expenses and then the buyer receives the benefit of a 24 month price freeze.
- Park-like setting with landscaped green spaces.
- Children's play area
- Quality finishes
- 24-hour state of the art security
- Clubhouse with braai facilities
- Swimming pool
- Tennis courts
- Fibre internet
- DSTV over fibre
- Prepaid Electricity
- Prepaid water
- Ample visitors parking
- Within 3 km from to the Gautrain Station
- 5 km from the Midrand CBD
- 10 km from the Mall of Africa
1 year price freeze! Purchase price of R1,105,000. R22,000 deposit to secure. The monthly rental will be R11,000 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used. R1,000 per month of the rental amount will also be credited towards the savings towards a deposit. Minimum income required per month is R35,000.
2 year price freeze! Purchase price of R1,105,000. R38,000 deposit to secure. The monthly rental will be R12,800 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used. No part of the rental will be allocated towards the savings for a deposit, as the price is frozen for 2 years. Minimum income required per month is R36,000.
Virtual reality tour is available upon request from your Attorney Realtor.
Terms and conditions apply and all applications are subject to a financial and credit due diligence check.