IGROW WEALTH INVESTMENTS

Limited investment opportunity in the award-winning Stellendale Village, , 2 Bedroom apartments in high demand suburb

OFFSET UP TO R382 000 AGAINST TAXABLE INCOME OVER 20 YEARS

Priced from R695 000

Welcome to Stellendale Village, the winner of the 2007 housing project from the South African Housing Foundation. One of ’s fastest growing suburbs

Within a few minutes’ drive from Cape Town International Airport, this area is also home to major manufacturers such as Coca-Cola and Nampak.

Kuils River is one of the fastest growing suburbs of Cape Town due to its perfect location. It affords residents the opportunity to connect to the Cape Town CBD, and via several major interlinking roads connecting the north and south of the peninsula.

Stellendale Village has 24-hour manned security with patrolling guards throughout the estate. The Village – which consists of apartments, houses and retirement facilities – was designed for people of all ages to benefit from a strong community within a secure environment, while still offering generous open spaces between apartments and homes. Previously, the estate only had freestanding homes for sale, with most of the apartments held in property funds and not available for the public to purchase. IGrow now offers investors an opportunity to add one of these exceptional 2-bedroom apartments to their investment portfolio.

Prices start from only R695 000, with bond and transfer fees included, which makes this development a perfect fit for the investor looking to add a positive cashflow property to their portfolio. Being sold off-plan makes these apartments the perfect vehicle for investors to take advantage of the Section 13sex tax incentives, offered by the South African Revenue Services, and offset 55% of the purchase price against their taxable income. Only 108 apartments are available – make sure you do not miss out!

2 | Stellendale - Kuils River, Cape Town Location

Kuils River, Cape Town

Amenities

NORTHERN SUBURBS  Travel Cape Town CBD 24.4 km Cape Town International Airport 12.8 km Bellville CBD 10.3 km Stellenbosch CBD 18.2 km

 Education

DURBBANVILLE De Kuilen primary and high schools 4.7 km Kuils River Primary 4.5 km University Western Cape 8.5 km

 Medical BELLVILLE Netcare Kuilsriver 5.6 km Hospital 13 km Kuils River Clinic 4.4 km KUILSRIVER Sarepta Day Hospital 4.9 km

 Retail & Shopping: Zevenwacht Mall 1.7 km Somerset Mall 22 km Spar Kuilsriver 2.1 km

Stellendale - Kuils River, Cape Town | 3 4 | Stellendale - Kuils River, Cape Town Good standing ratio

Overview of the suburb goodstanding ratio per period against the national average rent collection. (Will I get paid?)

DNP - Did not pay GP - Grace Period PL - Paid late POT - Paid on Time PP - Partial Payment

Good Standing ratio = 89% vs National of only 77%

Stellendale - Kuils River, Cape Town | 5

radenham Hall, 7 Mellis Road, Rivonia, 2128 | Generated: 2021-03-10 Why invest in Stellendale

INVESTMENT BENEFITS DEVELOPMENT FEATURES

10.68% R24 600  24 hour manned security estate  — —  Ground floor units with exclusive paved area Gross ROI Projected from 10.68% R24 600 Rental Assist to investors*  Centrally located to all amenities and facilities  SHORTFALLS BELOW R700 P/M (EVEN ON 100% FINANCING) such as CPUT, UWC and University of Stellenbosch   FREE Wealth Plan & 12 months’ Platinum Membership Petrol station with small shop at entrance gate  Less than 2km to Zevenwacht Mall  Up to 100% bond financing available  Clever space saving designs  Transfer and bond fees included* (Save a further 000!)  Built-in cupboards in kitchen and bedrooms No transfer duty payable   Tiled throughout  Projected rental income from R68 196 per year  No maintenance aluminium window frames  Strong rental demand for apartments in this specific security village  Solar geysers to save on electricity charges  Building insurance & external maintenance covered by levy  One cold water washing machine point  FREE consultation with one of our Property Investment  Rustenburg granite kitchen counter tops Strategists to help you build your investment portfolio  Burglar bars to all opening windows   Offset 55% of the purchase price through Section 13sex tax incentives Free standing stove  Prepaid electricity meters  Property tax strategies by IGrow Chartered Accountants  Monthly measured water consumption  Company & Trust setup and advice through IGrow Trusts  1 covered parking bay per apartment  Covered stairs and passageways Projected income from: 2 Bed, 1 bath apartments from:  Pitched roofs with tiles  5 Year NHBRC Warranty R68 196 p/a R695 000  Fibre ready

6 | Stellendale - Kuils River, Cape Town COMPREHENSIVE END-TO-END RENTAL MANAGEMENT IGROW RENTALS, OUR IN-HOUSE RENTAL MANAGERS

 Tenant vetting & placement  Ingoing & outgoing inspections  Rental collection  Maintenance service available

MASSIVE TAX INCENTIVE FOR INVESTORS

Section 13sex of the Income Tax Act applies where up to 55% of the purchase price can be used as a deduction against the investor's income for tax purposes when purchasing five or more properties. Enjoy 20 years of tax deductions through Section 13sex.

1 2 3 4 5 55% deduction through Section Tax deduction through 13sex tax rebates 20 Section 13sex tax rebates years

Visit our website for more information on this amazing tax incentive. www.igrow.co.za

Stellendale - Kuils River, Cape Town | 7 Site Development Plan

Stellenbosch Lodge Rawsonville Lodge Rawsonville LodgePaarl Robertson Lodge Perdeberg Lodge Orange River Lodge

8 | Stellendale - Kuils River, Cape Town Ground Floor Plan

Stellendale - Kuils River, Cape Town | 9 First Floor Plan

10 | Stellendale - Kuils River, Cape Town Second Floor Plan

Stellendale - Kuils River, Cape Town | 11 Typical Unit Type

TYPE A - Ground Floor R699 000 2 bedrooms | 1 bathroom

Unit size - 40m²

1 Covered Parking Bay

Exclusive Use Garden

Free Wealth Plan included

12 months' Platinum Membership included

R24 600 Rental Assist

Levies projected at R1 100 p/m

Rates projected at R245 p/m

12 | Stellendale - Kuils River, Cape Town Typical Unit Type

TYPE B - First and second floor R695 000 2 bedrooms | 1 bathroom

Unit size - 40m²

1 Covered Parking Bay

Free Wealth Plan included

12 months' Platinum Membership included

R24 600 Rental Assist

Levies projected at R1 100 p/m

Rates projected at R245 p/m

Stellendale - Kuils River, Cape Town | 13 Get in Touch

WEALTH INVESTMENTS HOMELOANS WEALTH MANAGEMENT IGrow is a group of property investment companies which assists property investors to achieve financial independence by building lasting wealth through high-performing property portfolios.

RENTALS TRUSTS MAINTENANCE Contact us for more information: [email protected] CAPE TOWN: +27 (0)21 979 2501 PRETORIA: +27 (0)12 943 0201

STELLENDALE DISCLAIMER

IGrow makes no warranties, whether expressed or implied, in regard to the websites, contents, accuracy, financial projections and/or assumptions nor availability.

The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information 14 | Stellendale - Kuilsand the useRiver, thereof Cape by the User. Town *Bond and attorney fees paid by Seller only where appointed attorney attends to registration and transfer. *Rental assist to IGrow investors using IGrow Rentals.