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Parkhill-Place-3-Brochure V5.Pdf IGROW WEALTH INVESTMENTS INVEST IN THE FASTEST GROWING SUBURB IN CAPE TOWN Similar developments from the same developer have realised 84% growth over the last four years. Parklands, Cape Town Modern 2-bedroom apartments parkhill place PARKLANDS | CAPE TOWN 3 Selling price R799 000 Parkhill Place 3 We are proud to introduce the last phase in this exclusive development: Parkhill Place 3, nestled in the heart of the West Coast of Cape Town, in one of the fastest-growing residential suburbs in an area that encompasses Big Bay, Bloubergstrand and Sunningdale and Parklands. Parklands is expanding at an incredible rate, thanks to its popularity. With the high demand for properties in the area, similar properties are currently being sold for R2 500 per square meter more than these Parkhill Place apartments. Parklands, situated on the West Coast of Cape Town, continues to offer buy-to-let investors excellent value and growth. This development promises fantastic capital appreciation, making it ideal to add to your property portfolio. Bordered by Table View, part of the Western Seaboard district, Parklands boasts many amenities that have helped to make it one of the fastest-growing residential areas in the Western Cape. Parklands has been a popular suburb with renters since it was established in 1997. With a lifestyle they desire, at rental prices they can afford, the area attracts new tenants every day. There has been an increase in activity in this area over the past 10 years and this has impacted the property prices. BUY NOW AT 2018 PRICES! Between 2009 and 2018 property prices showed a 73% increase (from an average of R460 000 to R799 000). Parkhill Place is conveniently situated off the new extension of Parklands with views of Table Mountain to the south. Close to shopping centres, schools and hospitals, with a public transport route to working nodes. 2 Parkhill Place 3 - Parklands, Cape Town Location Parklands, Cape Town Amenities Travel Cape Town CBD 21.5 km Beach front 6.3 km Century City 11 km Education BIG BAY R27 Curro Private School 4.7 km PARKLANDS Parklands College 2 km ROBBEN ISLAND N7 St John’s Parklands BLOUBERGSTRAND 0.9 km TABLE VIEW Retail MILNERTON Bayside Mall 3.6 km Sandown Crossing 2.3 km Parklands Junction 1.8 km Recreation CENTURY CITY 8 km N1 Blue Peter Hotel PAARDEN EILAND GOODWOOD Virgin Active Parklands 3.2 km GREEN POINT MAITLAND Milnerton Golf Club 12.5 km CAPE TOWN OBSERVATORY Medical Netcare Blaauwberg 4 km 3 Parkhill Place 3 - Parklands, Cape Town Location 4 Parkhill Place 3 - Parklands, Cape Town Why Parkhill Place 3 COMPREHENSIVE END-TO-END RENTAL MANAGEMENT INVESTMENT BENEFITS IGrow Rentals - our in-house rental managers Tenant vetting & placement 9.64% 100% 55% Rental collection — — — Ingoing & outgoing inspections 9.64% gross return on Up to 100% bond Up to 55% tax deduction Maintenance service available investment financing available through Section 13sex tax rebates Prices below market value INVESTMENT OVERVIEW R12 000 Rental Assist to investors 100% bond financing available at all the major banks through IGrow Homeloans Transfer and bond fees included* R20 000 reservation deposit required to secure Rental income projected from R6 000 p/m (refundable should finance not be approved) Area with well-designed infrastructure and transport routes Close to a variety of excellent schools Projected monthly rental income: Plenty of recreational amenities surrounding the area R6 000 p/m Strong rental demand for apartments in this neighbourhood Apartments selling price Property Tax Strategies by IGrow Chartered Accountants Company & Trust setup and advice through IGrow Trusts R799 000 5 Parkhill Place 3 - Parklands, Cape Town Why invest The 2018 Lightstone Report (SA’s major reporting statistics platform) shows why Parklands is such a fantastic investment area: 2009 2018 GROWTH EXPERIENCED R460 000 R799 000 73.69% AVERAGE APARTMENT VALUE AVERAGE APARTMENT VALUE OR R330 000 Median price (R’000) Sectional title Freehold Vacant land 1550 1400 1208 1050 1095 965 910 850 870 870 799 685 678 599 510 513 460 450 445 445 450 420 358 337 349 340 370 322 365 344 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 6 Parkhill Place 3 - Parklands, Cape Town Aerial Location Developments sold by IGrow around Parkhill Place Sandown Rd Stanford Mews Kingston Mews Parkhill Place Libertas Mews Parklands Main Rd Parklands Augusta Mews Carlton Mews Sahara Mews Forest Place Hampton Place St James Corner Ealing Court Thornwood Place Dartford Rd 7 Parkhill Place 3 - Parklands, Cape Town Area Growth 8 Parkhill Place 3 - Parklands, Cape Town Features 2 bedrooms and 1 bathroom Built-in cupboards in bedrooms and kitchen 49.5m2 apartments, including balcony/patio One parking bay per apartment Quality finishes throughout Granite kitchen countertops Built-in oven and hob Tiled throughout Prepaid electricity meters Fibre ready excluding GTU Secure complex Images in gallery are examples from a similar development completed by developer. Similar designs and internal specifications to be implemented subject to colour variant and availability of supplies. 9 Parkhill Place 3 - Parklands, Cape Town Site Layout PParkhillarkhill PlaPlacece Phase 3 PParkhillarkhill PlaPlacece Phase 1 PPARKHILLARKHILL PPLACELACE PPHASEHASE 3 54 Units PParkhillarkhill PlaPlacece PParkhillarkhill PlaPlacece Phase 3 Phase 2 Entrance to Parkhill Place 3 10 Parkhill Place 3 - Parklands, Cape Town 11 Parkhill Place 3 - Parklands, Cape Town Unit Type (typical floor layout) Patio Bathroom Bedroom 2 From R799 000 Kitchen 2 bedrooms 1 bathroom 1 parking bay Average unit size 46.5m² Lounge Covered balcony/patio 3m² Bedroom 1 Average total size = 49.5m² 12 Parkhill Place 3 - Parklands, Cape Town Get in Touch IGrow is a group of property investment companies that assists property investors to achieve financial independence by building lasting wealth through high-performing property portfolios. Contact us for more information: [email protected] CAPE TOWN: +27 (0)21 979 2501 PRETORIA: +27 (0)12 943 0201 PARKHILL PLACE 3 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 and the use thereof by the User. *Bond and attorney fees paid by Seller only where appointed attorney attends to registration and transfer. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable. 13 Parkhill Place 3 - Parklands, Cape Town.
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