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Glen Acres Park Estate

Apartments (5)
From R1,105,000
Size from 85m² to 85m²
Apartments (5)
From R962,000
Size from 74m² to 74m²
Apartments (5)
From R845,000
Size from 65m² to 65m²
Rent2buy Check

1 Property For Sale in Glen Acres Park Estate

FROM R1,105,000

No need to apply to a bank for a home loan! Rent2buy Finance now available

Features

Finance is now available for this unique Rent2buy Properties. No need to "beg" a bank for a home loan. Rent2buy can finance your dream to come true.

Secure your own home in Midrand in the Glen Acres Park Estate today, without first needing to qualify for a home loan.

The new Glen Acres development is the first development of its kind in the rolling green surroundings of Glen Austin and offers a friendly open lifestyle.

This is made possible through a unique agreement between Rent2buy and Group 5 Properties where three different unit types are available to buy from R845,000.

Perfect for home buyers who need to get their foot in the door.

A home buyer is given the opportunity to secure a property to buy and the purchase price is ‘frozen’ for a year or two,  the buyer can move into the home to purchase, rent it for a year or two, and then gradually build up a bigger deposit to assist with an easier application for a home loan at the end of the one- or two-year period. A nominal price increase is applicable to cover some direct expenses and then the buyer receives the benefit of a 24 month price freeze.

  • Park-like setting with landscaped green spaces.
  • Children’s play area 
  • Quality finishes *
  • 24-hour state of the art security *
  • Clubhouse with braai facilities *
  • Swimming pool *
  • Tennis courts *
  • Fibre internet *
  • DSTV over fibre *
  • Prepaid Electricity *
  • Prepaid water *
  • Ample visitors parking
  • Within 3 km from to the Gautrain Station 

 

Virtual Reality Tours are available on each type of unit upon request from your Attorney Realtor.

3 Types of units are available on Rent2Buy:

  • 1-YEAR PRICE FREEZE

 

  • A) R16,900 deposit will secure you a 2 bed, 1 bath unit with 1 carport of 65m2, at a purchase price of R845,000.
  •  
  • The monthly rental will be R8,450 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used.
  • R800 per month of the rental amount will also be credited towards the savings towards a deposit.
  • Minimum income required per month is R28,500

 

  • B) R19,240.00 deposit will secure you a 2 bed, 2 bath unit with 1 carport of 74m, at a purchase price of R962,000.
  •  
  • The monthly rental will be R9,620 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used.
  • R900 per month of the rental amount will also be credited towards the savings towards a deposit.
  • Minimum income required per month is R32,000

 

  • C) R22,000 deposit will secure you a 2 bed, 2 bath Unit with 1 carport of 85m2, at a purchase price of R1,105,000.
  •  
  • The monthly rental will be R11,000 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used.
  • R1,000 per month of the rental amount will also be credited towards the savings towards a deposit.
  • Minimum income required per month is R35,000

 

  • 2-YEAR PRICE FREEZE

 

  • A) R26,000 deposit will secure you a 2 bed, 1 bath unit with 1 carport of 65m2, at a purchase price of R845,000.
  •  
  • The monthly rental will be R9,800 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used.
  • No part of the rental will be allocated towards the savings for a deposit, as the price is frozen for 2 years
  • Minimum income required per month is R28,500

 

  • B) R31,100 deposit will secure you a 2 bed, 2 bath unit with 1 carport of 74m2, at a purchase price of R962,000.
  •  
  • The monthly rental will be R11,135 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used.
  • No part of the rental will be allocated towards the savings for a deposit, as the price is frozen for 2 years
  • Minimum income required per month is R33,000

 

  • C) R38,000 deposit will secure you a 2 bed, 2 bath unit with 1 carport of 85m2, at a purchase price of R1,105,000.
  •  
  • The monthly rental will be R12,800 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used.
  • No part of the rental will be allocated towards the savings for a deposit, as the price is frozen for 2 years
  • Minimum income required per month is R36,000

 

 

Downloads

Glen Acres Site Plan146.7 KB
Residential Development Brochure6.3 MB
Units D2- 2 bed, 1 bath, 1 carport29.8 KB
Units B2 - 2 bed, 2 bath, 1 carport31.5 KB
Units C2 - 2 bed, 2 bath, 1 carport30.8 KB
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Attorney Realtor Hub website is accurate and up to date, Attorney Realtor Hub makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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