Thornwood Place - Secure residential estate in Parklands Main Road
Prime investment in upmarket Parklands, Cape Town.
Modern 2 bedroom apartments in Parklands.
Exceptional capital growth experienced.
We are proud to introduce an exclusive new development, Thornwood Place, nestled in the heart of the west coast of Cape Town, in one of the fastest growing residential suburbs including the suburbs of Big Bay, Bloubergstrand and Sunningdale and Parklands.
Parklands is one of the fastest growing residential suburbs in Cape Town. With the high demand for properties in the area, similar properties are currently being sold for R2 500 per square meter more than these Thornwood Place apartments.
Parklands situated on the west coast of Cape Town continues to offer buy-to-let investors excellent value and growth This development promises fantastic capital appreciation, making it ideal to add to your property portfolio.
Bordered by Table View, part of the western seaboard district, Parklands is one of the fastest growing residential areas in the Western Cape.
Parklands has been a popular suburb with renters since it was established in 1997. With a lifestyle they desire, at rental prices they can afford, the area attracts new tenants every day. There has been an increase in activity in this area over the past 10 years and this has impacted the property prices.
Great returns & capital growth:
Between 2009 and 2018 property prices showed a 73% increase (from an average of R460 000 to R799 000). Thornwood Place is conveniently situated off the new extension of Parklands with views of Table Mountain to the south. In close proximity to shopping centres, schools and hospitals, with a public transport route to working nodes.
Investment overview:
100% bond financing available at all the major banks through IGrow Homeloans. Only pay first bond installment on registration after occupation is tendered R40 000 reservation deposit required to secure (refundable should finance not be approved)
Investment benefits:
- Gross return on investment up to 10.29%
- Prices below market value
- R10 000 Rental Assist to investors
- Transfer and bond fees included*
- Rental income projected from R7 000p/m
- Benefit from a 55% deduction through Section 13sex tax rebates
- Up to 100% bond financing available
- Area with well-designed infrastructure and transport routes
- Close to a variety of excellent schools
- Plenty of recreational amenities surrounding the area
- Strong rental demand for apartments in this neighbourhood
