CREATE WEALTH THROUGH PROPERTY INVESTMENT
BUY-TO-LET OPPORTUNITY
BROOKE MANOR APARTMENTS
- RIVONIA -
COMPLETE
2 Bedroom 1 Bathroom Apartments
BUY-TO-LET INVESTMENT
Brooke Manor Apartments
Apartments for Sale. Rivonia. Sandton.
Priced from R1 049 000
GUARANTEED RENTAL INCOME FOR 6 MONTHS
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Gross rental yields of up to 15%
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Net rental yields of up to 11.7%
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R108 000 p/a projected rental income
- COMPLETE
- Up to 100% bond financing available
- Bond & registration fees included
- No transfer duty
R108 000 p/a projected rental income
Gross returns on investment up to 15.7%
Investment benefits
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Occupation MAY 2023
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Guaranteed rental income for 6-months
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Gross rental yields of up to 15.7%
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Net rental yields of up to 12.0%
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Projected rental income from R9000 per month
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R108 000 p/a projected rental income
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Prime location with high demand from tenants
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Section 13sex tax incentive applicable
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Free rental management during rental guarantee period
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Buy direct from developer
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Transfer & bond registration fees included
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No transfer duty payable
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Building insurance & external maintenance covered in levy
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Up to 100% bond financing available
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Finance your bond directly through Renprop
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Only pay first bond installment on registration
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Only R20 000 reservation deposit required (Refundable if financing is not be approved)
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Full rental management available after 6-months**
Introducing Brooke Manor
Modern, farmhouse inspired 4-storey development design, incorporating clean lines and a modern feel. There are a total of 88 apartments, all 2 bedroom 1 bathroom layouts. Open-plan living including your kitchen, dining and living room, leading out onto a balcony or garden, for the ground floor units. Spacious, light bedrooms, that fit queen sized beds, both leading onto the living area. Bedrooms are well-designed with lots of cupboard space. Bathrooms has bath/shower combo with a glass door.
Uncapped wifi included. One parking bay per unit. Swimming pool with mini-clubhouse. 24hr security with on site guard.
Perfectly located in Rivonia, 10min from Sandton CBD and main transport routes. Walking distance to main transport routes and surrounded by all amenities, including Rivonia Village Shopping Centre.
Unit Plans
2 Bed 1 Bath - Standard Layout
Selling from:
R 1 049 000
2 Bedroom 1 Bathroom Apartment
Unit size: + - 50m2
Top investment criteria:
- Guaranteed rental income for 6-months
- Gross rental yield of up to 15.7%
- Net rental yield of up to 12%
- Bond & registration fees included
- No transfer duty
- Full rental & tenant management available after 6-months*
- Projected rental income from R9000 per month
Financial Analysis Example
Purchase price:
R 1 049 000.00
Guaranteed rental income:
R 13 750.00 per month
For a 6-month period
Estimated Bond Repayments:
90% bond over 20 years -
R 10 231.28
Estimated Monthly Costs:
Rates - R 548.70
Refuse - R 333.50
Levy - R 1 713.74
Sewage - R 658.00
Total monthly costs: R 3 253.94
Investment case:
Gross rental yield:
15.7%
Net rental yield:
12.0%
Estimated surplus per month:
R 264.78
Development Features
Development Features
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Eco-friendly build - solar geysers and back-up water
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WIFI ready with back up power - plug-and-play
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Ground floor units with gardens
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1st - 3rd floors with balconies
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Well-designed apartments
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Open-plan living
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Kitchen has stone countertops & splash-backs
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Electric oven with counter hob
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Built-in cupboards in bedrooms
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Bathroom includes a bath/shower combo
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Modern sanitary fittings and bathroom accessories
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Tiled throughout for easy maintenance
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Prepaid electricity meters
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One parking bay per apartment
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WIFI ready - modem comes with unit
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24hr security with on site guard
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Swimming pool with mini-clubhouse
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Visitors parking
Location
Travel
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Rivonia Road - 350m / walk across the road
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Rivonia N1 Interchange - 2km
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Gautrain Station (Sandton) - 7km
Education
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Rivonia Primary - 1km
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Curro Rivonia High - 850m
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Sandton Primary - 2km
Shopping & Recreation
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Rivonia Village - 1.4km
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The Wedge Shopping Centre - 3.3km
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MacDonalds / KFC - 1.5km
Medical / Emergancy
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SAPS Sandton - 4km
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Netcare Sunninghill Hospital - 3km
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Morningside Medi-Clinic - 6km
**Full rental management
The Rentals Asset Management Division has a well-developed competency in the residential market that manages rental assets on behalf of private and institutional investors. We offer an end-to-end solution where care is taken in each step of the process.
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Sourcing the IDEAL TENANT (with ITC, reference, and affordability insight),
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MANAGE COLLECTIONS and all communications with tenants,
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Resolving MAINTENANCE matters, and completing with approval by owner.
This service is available after your rental income guarantee period has expired.
*Terms and conditions:
Gross and net rental yields are based on a 6-months guaranteed rental income period.
Interest rate is based on current prime interest rate of 11.75%
All costs are estimated.
All projections are based on current market.