R 1 135 000

2 Bedroom Apartment / Flat for Sale in Parklands North

Parklands North, Blouberg

2
1
1
56 m²

NO TRANSFER DUTY

Unlock Investment Potential at The Residence – 2-Bed, 1-Bath Apartments!

Welcome to The Residence, an exceptional property investment opportunity in Cape Town’s most dynamic growth corridor. 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.

Discover 2-bedroom apartments beautifully designed for modern living, combining environmental consciousness with investment excellence.

2 BEDROOM | 1 BATHROOM APARTMENTS - Priced from R1 135 000

2 BEDROOM | 2 BATHROOM APARTMENTS- Priced from R1 235 000

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...

Welcome to The Residence, an exceptional property investment opportunity in Cape Town’s most dynamic growth corridor. 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.

Discover 2-bedroom apartments beautifully designed for modern living, combining environmental consciousness with investment excellence.

2 BEDROOM | 1 BATHROOM APARTMENTS - Priced from R1 135 000

2 BEDROOM | 2 BATHROOM APARTMENTS- Priced from R1 235 000

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:

- 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

- Projected rental income from R8,780 to R9,280 per month

- EDGE-certified green building status, encouraging

- preferential bank rates

- Building insurance covered by levy

- Sustainable features reducing tenant utility costs

- Solar geysers for all units

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

BENEFITS OF EDGE CERTIFICATION

- Faster, More Secure Transactions

- Attractive Financing Option

- Lower Operating Costs

- Higher Rental Income

- Increased Property Value

- Environmental Responsibility

COMPREHENSIVE RENTAL MANAGEMENT

- Professional tenant vetting and placement

- Dedicated rental collection services

- Regular property inspections

- Full maintenance coordination service

- Rental insurance available to protect your income

Bedrooms: 2

Bathrooms: 1

Parking: 1

Pet Friendly

Garden

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Property Overview

Listing Number

115669738

Type of Property

Apartment / Flat

Listing Date

04 March 2025

Floor Size

56 m²

Price per m²

R 20 268

Levies

R 886

No Transfer Duty

Yes

Rates and Taxes

R 397

Pets Allowed

Yes

Rooms

Bedrooms

2

Bathrooms

1

Modern bathroom with shower

Kitchens

1

White Caesarstone kitchen countertops

Reception Rooms

1

External Features

Parking

1

Garden

Yes

Building

Floor

Tiled Floors

Points of Interest

Bond Calculator

Monthly Repayment:

Total Once-off Costs:
(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.

Min Gross Monthly Income:

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What do I qualify for based on my income?

What are the bond and transfer costs?

*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.