Erand Creek in Noordwyk - new property development for sale in Noordwyk, Midrand | newdevelopments.co.za
From R 889 900 to R 1 049 900  |  Noordwyk, Midrand
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From R 889 900 to R 1 049 900  |  Noordwyk, MidrandVideo
From R 889 900 to R 1 049 900  |  Noordwyk, Midrand
 
Erand Creek
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Erand Creek - Residential Development in Noordwyk, Midrand

Midway between two cities, at the heart of Midrand’s fastest-densifying zone, sits Erand Creek Estate. This well-established residential community is roughly 26km from both the Johannesburg and Pretoria CBDs, with easy access to the Gautrain and its bus network. The estate is directly opposite the iconic Vodacom World, the world’s largest digital telecoms mall, with its 5-star rated events venue. This is a huge drawcard for tenants.

This is a dependable, income-generating property investment that will help create wealth for those who seek more for their futures. Get ahead of the Gauteng growth curve in this high-demand area.

APARTMENT FEATURES

2 Bedroom, 1 Bathroom - 55sqm
2 Bedroom, 1 Bathroom - 57sqm
2 Bedroom, 2 Bathroom - 65sqm
1 Covered parking bay per unit

- Open-plan kitchen and living area
- 2 Wetpoints to fit a dishwasher and washing machine
- Granite countertops with built-in cupboards
- Open balconies with sliding door access to a secure patio
- Private storage facility per unit
- DSTV and fibre ready

DEVELOPMENT HIGHLIGHTS

Erand Creek Estate is a secure, self-contained residential community where tenant demand is not a projection. Five years of proven occupancy means established routines, better tenants, and dependable returns.

- 24-hour security with strict, controlled access
- Prepaid electricity
- Edge Certified complex, saving up to 20% on utility costs
- Swimming pool and clubhouse
- Communal green area with braai facilities
- On-site laundromat
- Overlooks the riverbank and natural green spaces

INVESTMENT OPPORTUNITY
Save up to R155,502

The IGrow Signature discount, rental assist, and bond & transfer fee inclusion deliver a saving no other investor channel can match.

This discount includes:

- R14,107 Rental management discount
- R74,400 Rental assist
- R66,995 Bond and transfer fees included
- R9,200 Rental Income (2-Beds)
- 12.75% Gross Rental Yield
- R1,430 Shortfall until break-even
- Zero Reservation deposit
- Edge certified development: save up to 20% on prepaid utilities
- Already tenanted: rental income from registration, with no vacancy period
- Green bond advantages can save you 0.25% on your bond interest rate
- 100% Bond financing available

Units

2 Bedroom, 1 Bathroom Apartment
R 889 900 - R 899 900
2 1
Property Type Apartment
Levy R 1 375
Rates R 750
Total Floor Size 55 m²
2 Bedroom, 1 Bathroom Apartment
R 919 900 - R 929 900
2 1
Property Type Apartment
Levy R 1 425
Rates R 750
Total Floor Size 57 m²
2 Bedroom, 2 Bathroom Apartment
R 1 039 900 - R 1 049 900
2 2
Property Type Apartment
Levy R 1 625
Rates R 750
Total Floor Size 65 m²
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Estimated Monthly Repayments

R per month
Loan Term 20 years Interest Rate 10.5%