CREATE WEALTH THROUGH PROPERTY INVESTMENT
BUY-TO-LET OPPORTUNITY
COTTONWOODS APARTMENTS
- RIVONIA -
COMPLETE
2 Bed Apartments
BUY-TO-LET INVESTMENT
Cottonwoods Apartments
Apartments for Sale. Rivonia. Sandton.
Priced from R 1 510 000
GUARANTEED RENTAL INCOME FOR 1-YEAR
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Gross rental yields of up to 15.9%
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Net rental yields of up to 12%
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Min. R114 000 p/a projected rental income
- READY FOR OCCUPATION
- Up to 100% bond financing available
- Bond & registration fees included
- No transfer duty
Min. R114 000 p/a projected rental income
Gross returns on investment up to 15.9%
Investment benefits
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READY FOR OCCUPATION
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Guaranteed rental income for 1-year
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Gross rental yields of up to 15.9%
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Net rental yields of up to 12.0%
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Projected rental income from R9500 per month
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Min 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 1-year**
Introducing Cottonwoods
Inspired 4-storey development, with lifts to all floors. There are a total of 78 apartments, 1 bed 1 bath, 2 bed 1 bath and 2 bed 2 bath layouts. Open-plan living including your kitchen, dining and living room, finished with Georgian styled feature floors and finishes. Spacious, light bedrooms, leading onto the living area. Bedrooms are well-designed with lots of cupboard space.
Basement parking. Swimming pool. 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 2 Bath
Selling from:
R 1 510 000
2 Bed 2 Bath Apartment
Unit size: 69m2
Top investment criteria:
- Guaranteed rental income for 1-year
- Gross rental yield of up to 15.9%
- Net rental yield of up to 12.0%
- Bond & registration fees included
- No transfer duty
- Full rental & tenant management available after 1-year*
- Projected rental income from R9500 per month
2 Bed 2 Bath
Selling from:
R 1 840 000
2 Bed 2 Bath Apartment
Unit size: 79m2
Top investment criteria:
- Guaranteed rental income for 1-year
- Gross rental yield of up to 11%
- Net rental yield of up to 7.5%
- Bond & registration fees included
- No transfer duty
- Full rental & tenant management available after 1-year*
- Projected rental income from R10000 per month
Financial Analysis Example
2 BED 1 BATH APARTMENT
Purchase price:
R 1 510 000.00
Guaranteed rental income:
R 20 000.00 per month
For 1-year
Estimated Bond Repayments:
90% bond over 20 years -
R 14 727.58
Estimated Monthly Costs:
Rates - R 886.43
Refuse - R 464.60
Levy - R 2 412.92
Fixed monthly boiler - R 523.75
Sewage - R 654
Total monthly costs: R 4 941.70
Investment case:
Gross rental yield:
15.9%
Net rental yield:
12.0%
Estimated surplus per month:
R 330.73
Development Features
Development Features
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Complete - ready for occupation
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Georgian inspired apartments
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Ground floor units with terraces
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1st - 3rd floors with balconies
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1 Bed Apartments - Sold out
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2 Bed Apartments - Available
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Well-thought out space planning
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Open-plan living
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Kitchen has stone countertops
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Electric oven with glass hob
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Built-in cupboards in bedrooms
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Modern sanitary fittings and bathroom accessories
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Tiled living area for easy maintenance
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Wood laminate flooring in bedrooms
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Prepaid electricity meters
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Lift access to all floors
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Basement parking
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24hr security with on site guards
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Swimming pool
Take a look inside
Location
Travel
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Rivonia Road - 800m
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Rivonia / N1 Interchange - 3.5km
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Gautrain Station (Sandton) - 7km
Education
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Rivonia Primary - 2.1km
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Curro Rivonia High - 2.5km
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Redhill School - 2.8km
Shopping & Recreation
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Rivonia Village - 1.1km
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The Wedge Shopping Centre - 2.7km
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MacDonalds / KFC - 2min walk / across the road
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.
