IGROW WEALTH INVESTMENTS
Prime Investment situated in Richwood bordering Durbanville’s winelands & Blouberg 2 Bedroom apartments in a fantastic location
TRANSFER FEES AND STORAGE UNIT INCLUDED*
Selling from R1 189 000
The apartment complex of Burgoyne Heights is located in the Richwood area of Cape Town, a suburb 18 kilometres north-east of the city centre. Less than 10km from the pristine beaches of Bloubergstrand, and nestled between the De Grendel and Durbanville Hills wine farms, Burgoyne Heights is close to the best that Cape Town has to offer. Ideally situated in Cape Town’s Western Suburbs
The apartment complex of Burgoyne Heights is located in the Richwood area of Cape Town, a suburb 18 kilometres north-east of the city centre.
Within 10km from the pristine beaches of Bloubergstrand, and nestled between the De Grendel and Durbanville Hills wine farms.
The carefully designed apartments each have 2 bedrooms with built-in cupboards, quality wood laminate flooring, and modern wall sockets including USB connection points for ease charging of devices. The main bedroom includes a small built-in desk or vanity nook – a nice additional touch. Each apartment also comes standard with a built-in braai on the balcony.
There is access to town via the N7 or N1 and world-class shopping centres are within easy driving distance, such as Canal Walk (Africa’s leading super-regional shopping centre) Plattekloof and Willowbridge shopping centres.
Burgoyne Heights is close to the best that Cape Town has to offer.
2 | Burgoyne Heights - Richwood, Cape Town Things to do around 6 RICHWOOD WORK Century City
TRAVEL Cape Town International Airport
PRACTICE YOUR SWING Milnerton Golf Course
SOCIALISE AT Durbanville Hills Winery
ENTERTAIN THE KIDS Glowing Rooms
SHOPPING Canal Walk
Burgoyne Heights - Richwood, Cape Town | 3 Location
Richwood, Cape Town
Amenities
Travel Cape town CBD 18.6 km
BIG BAY Cape Town International Airport 18.3 km R27 Blouberg Beach Front 10.2 km PARKLANDS ROBBEN ISLAND N7 BLOUBERGSTRAND RICHWOOD Education TABLE VIEW Riverside College (Grade R – 12) 1.2 km University Cape Town 18.5 km MILNERTON Parklands College 8.2km
WELGEMOED Medical Panorama Mediclinic 6.5 km CENTURY CITY N1 PAARDEN Netcare Blaauwberg 9.7 km EILAND GOODWOOD GREEN POINT Clicks Edgemead 5.2 km MAITLAND CAPE TOWN
OBSERVATORY Retail & Shopping: Checkers De Grendel 1.5 km Canal Walk, Century City 8.8 km Table Bay Mall 11.2 km
4 | Burgoyne Heights - Richwood, Cape Town MEERENDAL WINE ESTATE
BLOUBERG BEACH Bloubergstrand DURBANVILLE HILLS WINERY
KILLARNEY GARDENS HILLCREST QUARRY Durbanville N7 BURGUNDY ESTATE M12
RICHMOND CORNER
MONTAGUE GARDENS N1 BUSINESS DISTRICT
MILNERTON GOLF COURSE MEDICLINIC PANORAMA
CENTURY CITY CANAL WALK SHOPPING CENTRE
Bellville
V&A WATERFRONT
CAPE TOWN CBD
Burgoyne Heights - Richwood, Cape Town | 5 6 | Burgoyne Heights - Richwood, Cape Town Why invest in Burgoyne Heights
INVESTMENT BENEFITS DEVELOPMENT FEATURES Transfer fees included* Gated secure complex with electrified fencing No transfer duty payable 1 parking bay per apartment Phase 3 now launching with storage rooms* Buy direct from developer Vinyl flooring throughout living spaces Projected rental income of R93 600 per year Gas geysers and hobs Up to 100% bond financing available West facing balconies Offset 55% of purchase price through Section 13sex tax incentives Built-in braai facilities on balconies Spacious bathrooms with modern fittings Building insurance & external maintenance covered by levy Built-in cupboards in kitchen and bedrooms Strong rental demand for apartments in this area – phases 1 & 2 Prepaid electricity and water meters to regulate already occupied consumption Occupation from early 2022 Walking distance from shops Company & Trust setup and advice through IGrow Trusts 5 Year NHBRC Warranty Fibre ready through Comtel Property tax strategies by IGrow Chartered Accountants
Projected yearly income: Apartments selling from: Gross ROI up to: R93 600 R1 189 000 8.07%
Burgoyne Heights - Richwood, Cape Town | 7 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
8 | Burgoyne Heights - Richwood, Cape Town TYPE A
R1 189 000 2 bedrooms | 1 bathroom
Unit size - 55m²
Balcony size - 3.5m²
1 Parking Bay
No Storage Room
Levies projected at R1 200 p/m
Rates projected at R450 p/m
Rentals from R7 800 p/m
Burgoyne Heights - Richwood, Cape Town | 9 TYPE A
From R1 199 000 2 bedrooms | 1 bathroom
Unit size - 55m²
Balcony size - 3.5m²
1 Parking Bay
Storage room allocated
Levies projected at R1 300 p/m
Rates projected at R450 p/m
Rentals from R7 900 p/m
10 | Burgoyne Heights - Richwood, Cape Town TYPE B
From R1 249 000 2 bedrooms | 1 bathroom
Unit size - 55m²
Balcony size - 11m²
1 Parking Bay
Storage room allocated
Levies projected at R1 300 p/m
Rates projected at R450 p/m
Rentals from R8 400 p/m
Burgoyne Heights - Richwood, Cape Town | 11 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
BURGOYNE HEIGHTS 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 12 | Burgoyneand the use thereof Heights by the User. - *BondRichwood, and attorney Cape fees paid Townby Seller only where appointed attorney attends to registration and transfer. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable.