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R 1 134 900

1 Bedroom Apartment / Flat for Sale in Lynnwood Ridge

  • Bedrooms 1
  • Bathrooms 1
  • Garages 1
  • Floor Size 34 m²
  • NO TRANSFER DUTY
Conveniently located in the popular suburb of lynnwood

FIRST-OF-ITS-KIND DEVELOPMENT IN LYNNWOOD

Exclusive to IGrow - STRUCTURED FINANCIAL SOLUTION!

Transcend your way of living and unlock a world within where unrivalled facilities compliment your day and centre your being. All apartments have access to the variety of on-site amenities to offer all residents the utmost convenience in today's fast paced lifestyle.

Studio, one and two bedroom apartments SELLING FROM R684 900

Bond and transfer fees included

Save up to R60 000 in attorney fees

Occupation from February 2023

No transfer duty

Award-winning developer

Within 15min from everything

Fully functional hotel style apartments and facilities

INVESTMENT BENEFITS

Immediate occupation and rental income

Up to R124 348 cashback* to investors (excl short-term rentals)

Invest in high capital growth node at below market value

Bond and transfer fees...

FIRST-OF-ITS-KIND DEVELOPMENT IN LYNNWOOD

Exclusive to IGrow - STRUCTURED FINANCIAL SOLUTION!

Transcend your way of living and unlock a world within where unrivalled facilities compliment your day and centre your being. All apartments have access to the variety of on-site amenities to offer all residents the utmost convenience in today's fast paced lifestyle.

Studio, one and two bedroom apartments SELLING FROM R684 900

Bond and transfer fees included

Save up to R60 000 in attorney fees

Occupation from February 2023

No transfer duty

Award-winning developer

Within 15min from everything

Fully functional hotel style apartments and facilities

INVESTMENT BENEFITS

Immediate occupation and rental income

Up to R124 348 cashback* to investors (excl short-term rentals)

Invest in high capital growth node at below market value

Bond and transfer fees included (excl bank initiation fee)

Save up to a R60 000* in attorney fees

Up to 100% bond financing available

Deduct up to R912 945 against taxable income through Section 13sex tax incentives*

No transfer duty payable

Buy directly from the developer

Consistent high rental yield neighbourhood

Gross rental yields up to 11.48%

IGrow Rentals will manage your tenant for you

Tenant insurance offered - secure your rental income

Property tax strategies offered by IGrow Chartered Accountants

Company & trust advice and setup through IGrow Trusts

R10 000 reservation deposit required (refundable should financing not be approved

APARTMENT FEATURES

Fibre ready (included in levy)

Tiled-throughout for low and easy maintenance

Granite counter tops

One plumbing point in kitchen for washing machine or dishwasher

Oven, hob and extractor fan included

Built-in cupboards throughout

Pre-paid electrical meters

Individual water meters

DEVELOPMENT FEATURES

Key-less access control systems

Back-up generator

Free fibre (included in levy)

Manned guardhouse

CCTV monitoring

Gated suburb (in-process)

On-site Cafe

Reception and concierge services

Lounge areas

Co-working pods

Gym facilities

Weight studio

Squash court

Yoga studio

Cinema

Entertainment emporium

Arcade

Apart-hotel (Airbnb friendly - excluded from investor cashback*)

Views overlooking the conservation

Laundromat

Bedrooms Bedrooms: 1
Bathrooms Bathrooms: 1
Parking Parking: 1
No Pets Allowed No Pets Allowed
Listing number: P24-112087480, Image number: 1, Image
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Property Overview
Listing Number
112087480
Type of Property
Apartment / Flat
Listing Date
02 December 2022
Floor Size
34 m²
Price per m²
R 33 379
Levies
R 1 620
No Transfer Duty
Yes
Rates and Taxes
R 564
Pets Allowed
No
Bedroom
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Parking
1
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(Transfer Duty Excluded) This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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