Arch Rock - Secure residential estate in Cape Town
Class, style and convenience.
We are proud to present the next highly anticipated residential block called Arch Rock to be built within the sought after lifestyle precinct, Conradie Park, Pinelands, Cape Town.
Since successfully selling out Silvermine complex comprising of 80 apartments, we have been eager to launch the next phase. To be able to work from home as well as to be able to walk across to retail centres, coffee shops and restaurants, Arch Rock is a great investment for property purchasers.
This exciting upmarket apartment block offers 169 units that cater to trendy colour schemes with a seamless interior design - perfect for both a homeowner or an investor looking to benefit from both a capital appreciating property and one yielding a good rental return simultaneously.
Conradie Park offers the convenience of 3 on site creches, 2 affordable private schools, a dog day care centre, open pocket parks, a 5 km park run course, a business hotel and offices, medical consulting rooms, gym and a retirement centre with facilities. The unique precinct blends into the natural beauty of the longstanding and lush Pinelands suburb with easy access to major arterial roads, railway stations and the landmark business node of Mutual Park.
Apartment highlights:
- Fibre installed to all units
- Built-in cupboards in bedrooms and kitchen
- Engineerd stone kitchen countertops
- Washing machine/dishwasher point in kitchen
- Vinyl flooring for low maintenance
- Clever site design with natural lighting
- Centralised, energy efficient, heatpump hot water system
- Hot and cold water meters installed to each apartment
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Basement Parking
- As monthly rental or to purchase as optional extra
- Building insurance covered by levy
- Five year NHBRC warranty
- 6 store rooms available to purchase (not sold separately and only to owners of apartments)
Investment benefits:
- Occupation from beginning 2024
- Gross rental yields up to 10,64%
- \Rental income projected from R6,800 to R8,300 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Deduct up to R794 750 against taxable income through Section 13sex tax incentives*
- Buy directly from the developer
- Tenant insurance offered
- Secure your rental income
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- 3% reservation deposit required (refundable should financing not be approved)
