Ihlathi - Secure residential estate in Parklands, Western Cape.
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Join the eco-friendly living movement in one of Cape Town's fastest-growing suburbs Located in one of the fastest and most popular growing suburbs of the Western Cape, Parklands, this estate is perfectly positioned among a varied mix of quiet residential streets, pocket parks, retail spaces and commercial developments.
Benefiting from the Green Building Council specifications, Ihlathi Estate offers tenants modern, eco-friendly apartments which will be ready for occupation from end of 2021.
EDGE certified - Save up to 20% in electricity & water usage
Investment benefits
- Gross rental yields up to 9.38%
- Projected rental income from R62 400 per year for one-bedroom apartments
- Projected rental income from R72 000 per year for two-bedroom apartments
- Up to 100% bond financing available
- Deduct up to R714 999 against taxable income through Section 13sex tax incentives*
- Buy directly from the developer
- Tenant insurance offered - secure your rental income
- Transfer fees included* (Bond registration fees excluded)
- No transfer duty payable
- Prime location with high demand from tenants
- Building insurance & external maintenance covered by levy
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- Only R15 000 reservation deposit required (Refundable should financing not be approved)
Comprehensive end-to-end rental management
- In-house rental agents and managers
- Tenant vetting and placement services
- Rental collection services
- Ingoing and outgoing inspection services
- Maintenance services available
- Rental insurance available - secure your rental income
Development features
- 24-Hour manned estate with electrified fencing
- 20% Water and electricity saving initiatives
- PVC solar supplemented geysers
- Prepaid electricity and water meters to all units
- Fibre ready (connection fee excluded)
- Modern and bright designer apartments
- Large exclusive gardens for ground floor apartments
- Spacious balconies - most overlooking Table Mountain and Durbanville Hills
- Electric oven with counter hob
- Built-in cupboards to all bedrooms
- Stone kitchen countertops and splashbacks
- Top cupboards and double sinks to kitchens
- Apartments tiled throughout for low maintenance
- Modern sanitary fittings and bathroom accessories
- One plumbing point provided for washing machine/dishwasher
- Central park with communal braai and outdoor gym facilities
- One parking bay per apartment
- Neighbourhood with well-designed infrastructure and roads
- On the MyCity Bus route
- Plenty of recreational amenities in surrounds
- Five year NHBRC warranty
