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BUY-TO-LET OPPORTUNITY

THE VIEW APARTMENTS

- MORNINGSIDE -

OFF THE GRID STRESS FREE LIVING

COMPLETE

The View - Top of page

Limited Special • 10% Discount
Save up to R275 000
Priced from below R1million

Morningside

Sandton

Priced from

R 999 486

Net Return on Investment

Up to 11%

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Studios. 1 Beds. 2 Beds.

BUY-TO-LET INVESTMENT

The View Apartments

Apartments for Sale. Morningside. Sandton.

Priced from R 999 486

GUARANTEED RENTAL INCOME FOR 1-YEAR

  • Gross rental yields of up to 13.6%

  • Net rental yields of up to 11% 

  • Min R90 000 p/a projected rental income

- BACKUP GENERATOR & WATER

- READY TO GO UNCAPPED WIFI

- Up to 100% bond financing available

- Bond & registration fees included

- No transfer duty

Min R90 000 p/a projected rental income

Gross returns on investment up to 13.6%

Investment benefits

  • READY FOR OCCUPATION

  • Guaranteed rental income for 1-year

  • Gross rental yields of up to 13.6%

  • Net rental yields of up to 11%

  • Projected rental income from R7500 per month

  • Min R90 000 p/a projected rental income

  • Prime location with high demand from tenants

  • Section 13sex tax incentives applicable

  • Free rental management during rental guarantee period

  • Buy direct from developer

  • Transfer & bond registration fees included

  • No transfer duty payable

  • Building insurance & external maintenance covered in levy

  • Up to 100% bond financing available

  • Finance your bond directly through Renprop

  • Only pay first bond installment on registration

  • Only R20 000 reservation deposit required (Refundable if financing is not be approved)

  • Full rental management available after 1-year**

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Investment Benefit

Introducing The View

134 well-designed apartments. Modern inspired design, 4-storey apartment development. Layouts include studios, 1 and 2 bedroom units, ground floor units with terraces. Carefully thought out space planning and finishes. Open-plan living including your kitchen, dining and living room, leading out onto a balcony or terrace. Spacious, light bedrooms. Bedrooms are well-designed with lots of cupboard space. 

Concierge, lift access to all floors, meeting rooms, basement parking, 24hr security with on site guards and complex pool.

 

Perfectly situated in Morningside, 10min from Sandton CBD and the N1 Rivonia interchange, just off Rivonia Road. Walking distance to The Wedge Shopping Centre and Planet Fitness gym.

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Unit Plans

Unit Plans

Studio

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Selling from:

R 998 486

Studio Apartment

Unit size: 43m2

Top investment criteria:

- Guaranteed rental income for 1-year

- Gross rental yield of up to 13.6%

- Net rental yield of up to 11%

- Bond & registration fees included

- No transfer duty

- Full rental & tenant management available after 1-year*

- Projected rental income from R7500 per month

1 Bed 1 Bath

The View - 1 Bed 1 Bath - Unit Type S2_edited.jpg

Selling from:

R 1 308 600

1 Bedroom 1 Bathroom Apartment

Unit size: 50m2

Top investment criteria:

- Guaranteed rental income for 1-year

- Gross rental yield of up to 13.5%

- Net rental yield of up to 11%

- 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

The View - 2 Bed 2 Bath - Unit Type H2_edited.jpg

Selling from:

R 1 949 000

2 Bedroom 2 Bathroom Apartment

Unit size: 80m2

Top investment criteria:

- Guaranteed rental income for 1-year

- Gross rental yield of up to 13.3%

- Net rental yield of up to 11%

- Bond & registration fees included

- No transfer duty

- Full rental & tenant management available after 1-year*

- Projected rental income from R12 500 per month

Financial Analysis Example

STUDIO APARTMENT

Purchase price:

R 999 486.00

Guaranteed rental income:

R 12 700.00 per month

For 1-year

Estimated Bond Repayments:

90% bond over 20 years -

R 9 628.00

Estimated Monthly Costs:

Rates - R 593.79

Refuse - R 333.50

Levy - R 922.79

Sewage - R 654.08

Total monthly costs: R 2 504.16

Investment case:

Gross rental yield:

13.6%

Net rental yield:

11%

Estimated surplus per month:

R567.84

Financial Analysis Example

Development Features

Development Features

  • ​Complete - ready for occupation

  • Ground floor units, some with terraces

  • 1st - 3rd floors with balconies

  • Studio, 1 Bed & 2 Bed Apartments

  • Well-thought out space planning

  • Open-plan living

  • Kitchen has stone countertops

  • Electric oven with counter hob

  • Built-in cupboards in bedrooms

  • Modern sanitary fittings and bathroom accessories

  • Tiled living area for easy maintenance

  • Prepaid electricity meters

  • Concierge and meeting room

  • Lift access to all floors

  • Basement parking

  • 24hr security with on site guards

  • Complex pool

  • Visitors parking

Development Features

Take a look inside

Location

Travel

  • Rivonia Road - 270m

  • Sandton CBD - 4.7km

  • Gautrain Station (Sandton) - 4.4km

Education

  • Redhill School - 1.5km

  • Sandton Junior Morningside Pre-Primary - 2.3km

  • The IIE's Varsity College Sandton - 4.3km

Shopping & Recreation

  • The Wedge Shopping Centre - 400m

  • Planet Fitness Morningside - 400m

  • Morningside Shopping Centre - 1.7km

Medical / Emergancy

  • SAPS Sandton - 1.1km

  • Mediclinic Morningside Hospital - 2.9km

  • Netcare Sunninghill Hospital - 5.3km

Request Documents

Documents

**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.

  • Sourcing the IDEAL TENANT (with ITC, reference, and affordability insight),

  • MANAGE COLLECTIONS and all communications with tenants,

  • Resolving MAINTENANCE matters, and completing with approval by owner.

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

Propert Management
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Speak to an investment specialist

HAVE ANY QUESTIONS?

Build a successful property portfolio with our team of experts. Let us send you all the investor downloads via email and have one of our investment specialists call you back.

We look forward to hearing from you.

*Terms and conditions:

Gross and net rental yields are based on a 12-month rental guaranteed period.

Interest rate is based on current prime interest rate of 11.75%

All costs are estimated.

All projections are based on current market.

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