From R899,000

Riverhill - Secure residential estate in Parklands, Western Cape.

Prime investment situated in The fastest growing suburb in Cape Town 

2 Bedroom, 1 bathroom apartments 

This development promises fantastic capital appreciation, making it ideal to add to your investment property portfolio. 

Why invest in Riverhill?

Investment Benefits: 

  • Gross ROI of 9.74% 
  • Transfer and bond fees included* 
  • R12 000 Rental Assist to investors 
  • Rental income projected from R6 800 per month (excluding rental assist) 
  • Benefit from a 55% deduction through Section 13sex tax rebates 
  • Up to 100% bond finance available 
  • Strategic bond financing planning through IGrow Homeloans 
  • High rental demand neighbourhood 
  • Company Registration & Trust setup and advice through IGrow Trusts 

Development features:

  • Occupation from end-2021 
  • Prepaid electricity meters to all units 
  • Water meters installed for accurate billing 
  • Secure complex – access to Complex Patrols 
  • Electrified perimeter wall 
  • Burglar bars to all opening windows 
  • Security gates installed to front doors 
  • One secured parking bay per apartment 
  • Ample visitors parking 
  • Jungle gym and play area for children 
  • Landscaped communal gardens 
  • Tiled throughout 
  • Full bathroom with bath and shower 
  • Bathroom accessories provided 
  • Curtain rails installed to bedrooms and lounge 

Investment overview:

  • 55% deduction through through Tax 13Sex 
  • Only pay first bond installment from date of registration 
  • R10 000 Reservation deposit required to secure (refundable should finance not be approved) 
  • Comprehensive end-to-end rental management 
  • IGrow Rentals - Specialist in-house rental managers 
  • Tenant vetting & placement 
  • Rental collection 
  • Ingoing & outgoing inspections 
  • Maintenance service available 
  • Projected income from R87 600 + p/a 
  • Apartments selling at R899 000

For sale in this development

Plans

Browse through the available plans and choose your ideal design.

Plan Beds Baths Garages Price (From)
2B1B 2 1 0
R899,000
2B1B
More info
Plan Type:
House
Plan Size:
62㎡

Facilities

Education
  • Curro Private School
  • Parklands College
  • St Johns Parklands
Residential
  • 1 Parking bay per unit
Security
  • Electrified perimeter wall
  • Burglar Bars and security gates to all units
  • Controlled access
  • Access to Complex Patrols
Shopping
  • Bayside Mall
  • Parklands Junction
  • Sandown Crossing

Location

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