From R 640 000 to R 895 000  |  Glenhaven, Bellville
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From R 640 000 to R 895 000  |  New Development in Glenhaven, Bellville
The Glen

The Glen is a unique development in Bellville, Cape Town - Zero rates & levies payable for the first

We’re excited to announce the launch of block C at The Glen. The development is located on the corner of Peter Barlow and Bester Roads in Glenhaven, and measures 7.4 hectares. This integrated housing project will provide affordable mixed-tenure housing opportunities in very close proximity to public transport, opportunities of employment, and public amenities like schools, state hospitals and public libraries. It is also close to great tertiary education institutions, being only 1.2km from both the University of the Western Cape (UWC) and the Cape Peninsula University of Technology (CPUT) Bellville Campus, making this ideal for families and students.

There is a huge backlog of affordable housing, especially located near opportunities of education, employment, transport and amenities. The Glen is close to the Bellville CBD and Sacks
Circle, as well as public amenities such as schools, state hospitals and public libraries. Ideally located within 5km to the University of the Western Cape and the Cape Peninsula University of Technology.

Investment benefits
- Occupation from mid 2022
- Gross rental yields up to 9,61%
- Rental income projected from R4 800 to R6 500 per month
- Up to 100% bond financing available
- ZERO levies year one
- ZERO property rates year one
- Buy directly from the developer
- UWC and CPUT within 5km
- Tenant insurance offered - secure your rental income
- Transfer and bond registration fees included
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- Deduct up to R492 250 against taxable income through Section 13sex tax
- Only R10 000 reservation deposit required (Refundable*)

Apartment features
- Fibre installed to all units
- Built-in cupboards in bedrooms and kitchen
- Granite kitchen counter tops
- Washing machine/dishwasher point in kitchen
- Tiled throughout for easy maintenance
- Clever site design with natural lighting
- Security gates to front doors and ground floor sliding doors
- Burglar bars to all opening windows
- Pre-paid water and electricity meters
- Modern sanitary finishes
- One parking bay per apartment provided
- Low levies
- Five year NHBRC warranty
- Block C ready for occupation from mid 2022

Development features
- Featuring natural atriums in centre of blocks, including greenery
- Ample open spaces between phases
- Electrified perimeter fencing
- Biometric access controlled
- On-site security guards
- High rental demand development
- Close to job opportunities
- On public transport routes
- Great tertiary education within 5km (CPUT and UWC)
- Plenty of recreational amenities in surrounds

PDF Brochures and Floorplans

Unit Types

Unit Beds Baths Garages Price Action
Type A 1 1 0 R 640 000 - R 645 000 View
Type B 2 1 0 R 875 000 - R 895 000 View

Contacts for this Development

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Estimated Monthly Repayments

R per month
Loan Term 20 years Interest Rate 7.00%