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.
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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.
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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.