The Residency
From R 1 495 000 to R 1 595 000
Units: 30
The Residency - Residential Development in Hurlingham, Sandton
Formerly a hotel, now open to investors for both short and long-term letting opportunities, The Residency is an exceptional opportunity to elevate your property portfolio. With a superb position close to the spectacular lifestyle on offer in Sandton, your tenants or guests can easily dine out, enjoy the local green spots and sporting facilities, day spas, sparkling nightlife, and world-class malls.
- 2 Bed | 2 Bath apartments
- Access to premium amenities
- Only R5,000 deposit required
The location is also perfect for visitors to the famous Wanderers’ Cricket Stadium or parents needing to visit the prestigious boarding schools in the area. Just a quick Bolt or Uber ride to the Gautrain Sandton station for international guests and business travellers needing access to the top financial and business district of South Africa.
DEVELOPMENT KEY HIGHLIGHTS
- 2 secure parking bays per apartment (1 covered and 1 uncovered)
- 24-hour manned security
- Wifi and DSTV ready
- Solar geysers (with electric backup)
APARTMENT FEATURES
- Available fully furnished (ideal for short-term letting)
- Air conditioning in every bedroom
- Elegantly tiled throughout
- Impeccable quality finishes
- Full Bathroom with bath and shower
- Beautiful modern kitchens with wet points for both dishwashers and washing machines
- Ground-floor units have exclusive-use gardens with artificial lawn
- Quartz countertops
- Whirlpool under-counter oven and glass hob with extractor fan
INVESTMENT BENEFITS
- Existing leases with rental income up to R16,670/ month*
- Already tenanted, so your unit generates income on registration
- ROI of up to 14,02%*
- Bond and transfer fees included (saving you up to R89,000*)
- Monthly contributions from -R1,772*
- Furniture included in the selling price
- 100% bonds available through IGrow Home Loans
- IGrow Rentals will manage your tenant and maintenance for you
- Companies and Trusts set up for you through IGrow Trusts
LOCAL AMENITIES
- Right next to Jan Smuts Ave and Winnie Mandela Drive
- Gautrain Station (Sandton) 3.4km
- Old Parks Sports Club: 2.6km
- Hyde Park Corner Mall 2.5km
- Sandton City 3.4km
- Tara Hospital Outpatients Section 1km
- Morningside Mediclinic 4.6km
- Sandton Mediclinic 4.7km
- Virgin Active Gym 5 km
PDF Brochures and Floorplans
Units
2 Bedroom, 2 Bathroom First & Seconf Floor Apartments
R 1 495 000
|
2
2
|
| Property Type |
Apartment |
| Carports |
2 |
| Levy |
R 2 100 |
| Rates |
R 750 |
| Floor Size |
84 m² |
2 Bedroom, 2 Bathroom Ground Floor Apartment
R 1 595 000
|
2
2
|
| Property Type |
Apartment |
| Carports |
2 |
| Levy |
R 2 100 |
| Rates |
R 750 |
| Floor Size |
84 m² |