The Residence - Secure residential estate in Parklands North, Cape Town.
The Residence: Residential Development in Parklands North - Invest Today to Secure Your Future!
Located in the highly popular Parklands North area, this completed development offers immediate rental income potential in one of the Western Cape’s highest-demand rental markets.
2 Bedrooms | 2 Bathroom Apartments - Priced from R1 235 000
2 Bedrooms | 1 Bathroom Apartments - Priced from R1 135 000
Launch Special Offers!
Reservation Deposit - Zero reservation deposit required
Rental Management - First 25 x 2B2B buyers receive 1 year FREE rental management
Rental Assist - Exclusive R60,000 rental assist** for IGrow investors
Home Buyer’s Assistance - Primary residence receive a R25 000 appliance voucher on registration
Premium Investment Benefits:
Reap the benefits of our new launch
From R2 221 p/month (30 year bond @ 11%)
- Fully tenanted
- Receive rental income immediately on registration
- Up to R60 000* rental assist exclusive to IGrow investors
- Bond registration fees included*
- EDGE-certified green building
- Solar geysers for all units
- Projected rental income from R8,780 to R9,280 per month
- Up to 100% bond financing available
- Building insurance covered by levy
Apartment Features:
- White Caesarstone kitchen countertops
- Built-in oven and hob
- Modern bathroom with shower
- Built-in cupboards for sleek storage
- Washing machine / dishwasher connection
- Stylish tiled flooring
- Balconies for all units
- Certain ground floor units with private gardens
- DSTV and fiber-ready
- Prepaid electricity and water meters
- Cost saving solar water heating system
- Clever design with natural lighting
Development Features:
- 24-hour manned security with biometric access
- Communal green areas and braai facilities
- Children’s play area
- On-site crèche with resident preference
- One dedicated parking bay per unit
- Pet-friendly*
Investment Potential:
- Located in Cape Town’s fastest-growing northern corridor
- Exceptional rental demand in established area
- Below market-average pricing
- Sustainable features encouraging banks to offer preferential rates
- Immediate rental income potential
- Professional property management available for hassle-free ownership
Your Investment Benefits:
- Start earning immediately – Already tenanted
- Exclusive R60,000 rental assist** for IGrow investors
- Bond and transfer fees included – Saving of up to R73 000!*
- Up to 100% bond financing available through IGrow Home loans
- Sustainable features reducing tenant utility costs
- Solar geysers for all units
- Building insurance covered by levy
- EDGE-certified green building status, encouraging preferential bank rates
- Projected rental income from R8,780 to R9,280 per month
End-To-End Rental Management Services:
- Professional tenant vetting and placement
- Dedicated rental collection services
- Regular property inspections
- Full maintenance coordination service
- Rental insurance available to protect your income
