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R1,105,000

Monthly Levy
R1,189
Monthly Rates
R500
Rent2buy

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

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.
*5 km from the Midrand CBD
*10 km from the Mall of Africa,


1-YEAR PRICE FREEZE

Purchase price of R 1 105,000.

R 22 000 deposit to secure

The monthly rental will be R 11 000 and the Rent2buy purchaser will also pay levies, rates and taxes and electricity used

R 1 000 per month of the rental amount will also be credited towards the savings towards a deposit.

Minimum income required per month is R 35 000



2-YEAR PRICE FREEZE

Purchase price of R 1 105,000.

R 38 000 deposit to secure

The monthly rental will be R 12 800 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 R 36 000


A Virtual Reality Tour is avaialble upon request from your Attorney Realtor.

Terms and conditions apply and all applications are subject to a financial and credit due diligence check.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
85m²
Extras
Clubhouse with braai facilities

Downloads

Development information6.3 MB

This Apartment is found in Glen Acres Park Estate

1 Listing For Sale
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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.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

10,847.16

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