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Ngwenya River Estate, a well-established residential estate close to Pretoria and Rustenburg, offers excellent value to investors, who are interested in buy-to-let opportunities that offer competitive yields, high capital returns and affordable opportunities for those seeking a secure lifestyle within an excellently managed Estate.
The Estate offers you a tranquil retreat from the hustle and bustle of city life with easy access to the main routes – only 30km from Rosslyn and 40km from Pretoria.
Ngwenya has state of the art biometric security, including modern entrance gate with 24-hour access control, roaming guards with electronic warning and monitoring technology.
All internal services including roads, water, electrical and sanitation are maintained and provided by the well-managed Home Owners Association, ensuring first class services at very affordable levies. Prepaid electricity and accurate monthly water meter readings ensure cost effective services and prevents the frustration of dealing directly with the local City Council.
Fibre reticulation installed throughout the Estate ensures reliable fast internet access for those working from home.
More than 300 residential units including houses on individual stands and lock-up-and-go townhouses have been completed and are occupied. The final phase, offering the last 33 townhouses and 67 individual houses are now on sale from R999.000 to R2.6 million (All costs included). Levies range from as little as R1.270 per month for the townhouses to R1.800 per month for the individual houses.
The rental demand for all property types on offer are very high with a gross rental yield in excess of 10% per annum. Capital growth of units completed and occupied since inception five years ago are on average 7.9 % per annum.
All rental opportunities in the Estate are fully rented and a waiting list is kept for future tenants. The units are well designed with spacious rooms, a full bathroom, study nook, quality modern finishes, built-in braai as well as fibre. The Estate is also pet friendly.
Investing in this property can provide you with multiple opportunities of financial growth, i.e. annual escalating rental income, capital appreciation as well as numerous tax benefits. With our team of experienced professionals, you can be confident that your investment is in good hands.
Build wealth and secure your financial future
Whether you are an experienced real estate investor or someone who is just starting off, this opportunity is an excellent way to build wealth and secure your financial future. Property has proven itself through the years as a steady, solid alternative to provide additional pension/income benefits. Especially properties like these, already approved by the banks for financial loans, where an Investor/ Owner would use bank finance to accumulate their future wealth. We invite you to take a closer look at this investment opportunity and discover how it can benefit you in the long term.
Our offer is a one-stop-solution. Pryca Properties (Pty) Ltd, a reputable Property Managing Agent, managing in excess of 700 residential properties and 20 complexes developed by the Developer, ensuring an effective affordable solution to all investors dealing with all aspects of renting and maintaining an investment property.
MDV Developments (Pty) Ltd, the Developer, successfully developed more than 8,000 residential units in 5 provinces, namely Gauteng, KZN, Mpumalanga, North West and Free State over the past 20 years and are best known for their quality affordable houses.
Healthy Lifestyle
Ngwenya River Estate is also home for the local world-class fitness program – Run/Walk for Life where a healthy lifestyle becomes easy to follow. The walking paths would take you through beautiful bushveld scenery on the one side and the Crocodile river on the other.
Benches strategically placed throughout the Estate offers you the opportunity to relax, surrounded by the beauty of nature in all its aspects, from the old Monkey Thorn Tree where the Spotted Eagle owls are breeding to the dam that offers you a peek at the abundant bird life and the odd leguaan waddling and slowly disappearing into the water whilst your kiddies play on the jungle gym close by.
The Estate offers various roaming wildlife, including Impala, Blesbok and Nyala.
Beautiful Tuscan designs, quality finishes and spacious floor plans cater for your every need with a wide range of housing options available. From cozy two-bedroom units to spacious four-bedroom double-storey houses, you'll find the perfect home for you and your family. All our product-offerings are thoughtfully designed with modern conveniences, such as fibre optics and an array of luxurious finishes, including granite or quarts countertops, aluminum windows and gas hobs.
South African residential property offers a much higher growth in Estates than in normal residential areas. Don’t miss out on this incredible opportunity where you could still acquire a home at an affordable price in a Bushveld Estate. Please visit our website at www.ngwenyariverestate.co.za
Contact us:
078 178 1453 – Sales Manager OR Head Office - 012 653 8080.
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