Kensington Place in Ferndale - new property development for sale in Ferndale, Randburg | newdevelopments.co.za
From R 799 000  |  Ferndale, Randburg
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From R 799 000  |  New Development in Ferndale, Randburg
Kensington Place

Kensington Place - Residential development in Randburg

Welcome to Kensington Place, a quality residential development in the well-established and popular area of Ferndale, Randburg in Johannesburg.

Offering easy access to public transport, shopping centers, and exceptional medical care facilities.

Perfectly suited for those in search of a secure and comfortable home.

Typical Two Bedroom | One Bathroom

COMPLEX FEATURES

- 24 hour Security access control
- Prepaid Electricity
- Secure covered parking bays
- Electric fences
- Occupation on registration

APARTMENT FEATURES

- Designer kitchens with granite tops and built-in cupboards
- Built in stove and oven with extractor fan
- Space for a washing machine
- LED energy efficient bright lighting
- Bath with stainless steel mixers (with shower head fittings)
- Plenty of built in cupboard space
- Open plan living with modern tiles throughout
- DSTV ready
- Ground floor apartments offer exclusive use areas

INVESTMENT BENEFITS

- Monthly contributions from -R1 388 per month*
- R48 000 rental assist exclusive to IGrow investors
- Rental management special - 50% discount
- Earn immediate income from registration
- Gross rental yields up to 13,31%
- Average rental income from R7 060 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Tenant insurance offered - secure your rental income
- IGrow Rentals will place and manage your tenant for you
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- R5 000 reservation deposit required
(refundable should financing not be approved)

Units

Typical 2 Bedroom Unit
R 799 000
2 1
Bond and transfer fees included R48 000 rental assist exclusive to IGrow investors
Property Type Apartment
Levy R 1 050
Rates R 991
Total Floor Size 42 - 45 m²
Floor Size 42 - 45 m²
          
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Estimated Monthly Repayments

R per month
Loan Term 20 years Interest Rate 11.25%