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.
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.
This service is available after your rental income guarantee period has expired.
