Madison Square
From R 969 900 to R 1 239 900
Units: 108
Madison Square - Residential Development in Newlands, Johannesburg
City Within A City
Central Park City is the visionary new urban precinct that Johannesburg has been longing for. Madison Square is a safe, sustainable, and self-contained urban environment, where young and old can walk freely. These are amenities that typically appear in developments priced three times higher.
DEVELOPMENT HIGHLIGHTS
Security:
Biometric access control, 24/7 guarded gatehouse, CCTV & electric fencing, armed response and Mobile panic app - emergency medical, fire and rescue
Eskom-proof:
Solar power & battery backup - load shedding mitigation to stage 4, gas geysers & cooking hobs and fibre-ready units.
Everyday living on site:
Pick 'n Pay & Clicks retail village, Creche & afternoon centre, laundromat and covered carports.
Independent water supply:
Borehole network, minimum 3-day water reserve for uninterrupted supply, state-of-the-art water treatment & purification on site and fresh drinking water and grey water for irrigation.
Lifestyle amenities:
- Swimming pool
- Outdoor gym
- 5-a-side soccer astro court
- Combi-courts & skateboard rink
- Braai areas & clubhouses
- Children's play areas
- Landscaped parks & green spaces
APARTMENT FEATURES
2 Bedrooms | 1 Bathroom
3 Bedrooms | 1 Bathroom family apartments
3 Bedrooms | 1.5 Bathrooms family apartments
6 Apartments layouts to choose from
Fibre and DSTV ready
Tiled floors throughout
Aluminium windows
Private garden (ground floor)
Pet-friendly on body corporate approval
12 Months’ free wifi!
Madison Square sits within 10km of both the University of Johannesburg and the University of the Witwatersrand — 80,000+ students on the doorstep. Add major hospitals, taxi ranks and train stations, and you have one of Johannesburg’s most self-renewing tenant markets.
INVESTMENT OPPORTUNITY
This is your opportunity to invest in future-focused living. With full energy security, on-site retail, a wide range of sports and recreation, and a crèche. This is sustainable, safe community living where you can roam freely, even at night.
There is nothing quite like this anywhere in South Africa.
IGrow has secured phase 1, Madison Square, for our investors, locking in incredible pricing. You can afford to get in at the start of an ambitious development, promising long-term, enthusiastic tenant demand (there is already a waiting list!).
Invest with IGrow’s Signature Discount
Save up to R142,716
The IGrow Signature discount, rental assist, and bond & transfer fee inclusion deliver a saving no other investor channel can match.
This discount includes:
R10,521 Rental Management Discount
3 years of professional rental management at a discounted rate — protecting your income from day one.
R46,200 Rental Assist
IGrow Rental Assist provides income support during vacancies — protecting your cash flow while your investment matures.
R85,995 Bond & Transfer Fees Included
No attorney fees. No transfer duties. What you see on the price tag is what you pay.
R12,000 p/m Rental Income (2- & 3-Bed)
11.70% Gross Rental Yield
R1,907 Shortfall
R10,000 Reservation Deposit Only
Incredible Section 13 (sex) taxable income deduction potential
5-year NHBRC warranty
Green bond advantages can save you 0.25% on your bond interest rate
100% Bond financing available
Development Features
Pet Friendly
Swimming Pool
PDF Brochures and Floorplans
Units
2 Bedroom, 1 Bathroom Apartment
R 969 900
|
2
1
|
| Property Type |
Apartment |
| Levy |
R 810 |
| Rates |
R 558 |
| Floor Size |
54 m² |
3 Bedroom, 1 Bathroom Apartment
R 1 199 900
|
3
1
|
| Property Type |
Apartment |
| Levy |
R 1 044 |
| Rates |
R 750 |
| Total Floor Size |
60 m² |
3 Bedroom, 1.5 Bathroom Apartment
R 1 999 900
|
3
1.5
|
| Property Type |
Apartment |
| Levy |
R 1 044 |
| Rates |
R 750 |
| Total Floor Size |
58 m² |
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