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Property Sales

The market changed, see our updated investments below and

Call our sales team on 011-884-9850

Colleen 083-260-2058

 

Current listings

 
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Bryanston

Asking: R 850, 000

Bryanston - Sandton -Johannesburg - New Release

2 bed 2 bath garden unit in small secure complex
Pool in complex

To View : Call Colleen - 083-260-2058 / 011-884-9850

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Bryanston

Asking: R 390 000

Bryanston-Sandton - Johannesburg

Bachelor, laminated floors, granite tops.

Clubhouse, pool and 24 hour security.

To View : Call Colleen - 083-260-2058 / 011-884-9850

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Bryanston

Asking: R 350 000

Bryanston-Sandton - Johannesburg

Bachelor with tenant in place.

Clubhouse, pool and 24 hour security.

To View : Call Colleen - 083-260-2058 / 011-884-9850

 

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Grand Central -

Midrand

Asking from: R 475 000

Grand Central - Midrand - Johannesburg

MODERN FINISHES:-

1)2 Bed, 1 bath. Top floor R550 000.00
2) 2 Bed, 1 bath. First floor R580 000.00
3) 2 Bed, 1 bath. Ground floor R595 000.00
4) 1 Bed , 1 bath. Ground floor R475 000,00

To View : Call Colleen - 083-260-2058 / 011-884-9850

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Illovo

Asking: R 460 000

Illovo - Johannesburg

Studio apartment in central Illovo, modern renovated building.

To View : Call Colleen - 083-260-2058 / 011-884-9850

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Rivonia

Asking: R1,050, 000

Rivonia - Johannesburg - New Release

Now available and new on the market comes not one but 2 units in the extremely sought after complex Rivonia Axis, Corner Wessels Road and 11th Street, Rivoina, Sandton
These units in Rivonia Axis have proven to be a “gold mine” to owners, located near to schools and other major amenities in the area eg: Rivonia Boulevard. They are both taking in a monthly rental from the current tenants at R7 500pm exclusive of water and lights. Both units are found at the far end of the complex offering you a slightly less nosy environment and both on the top floor.
These units are modern, chic and offer you 2 bed both en-suite (one with a bath the other with a shower) that ensure that it occupants are comfortable to the full extent.
Both living areas in these units consist of a dining room, kitchen and lounge leading onto your private balcony overlooking the city of Sandton. The kitchen being placed in the centre of all the action leaving the cook (often mothers) included in the activities and conversation with family and visitors. This makes these units not only suitable for families but for young couples or even a bachelors that enjoy entertaining often
The flow of these units is truly what makes them so visually appealing, using all the space available and leaving nothing wasted. On entrance to these units you are instantly filled with a warm “homey feeling” which is comforting to most especially after a hectic day at the office/work.
Whether you are buying for your own personal use or buying as an investor, you cannot go wrong buying into such a well located and convenient complex such as Rivonia Axis. For those buying as an investment, we can even offer you the service of finding and placing a suitable tenant in your unit for you. I tell you no lies, we actually have tenants on a waiting list to get in.
These units, I assure you will not be available long, call or email me to enquire further information on these units.
Property Details
• 2 bedrooms
• Floor Area: 86m2
• Pool
• Access Gate • 2 bathrooms
• 1 lounges
• 1 carports • apartment
• 1 dining areas
• Monthly rates & levies: R720

Availability -sold

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Sandton - Morningside

Asking: R780 000

Sandton- Morningside - Johannesburg

1 bed 1 baths apartment with lamintated flooring throughout. Centrally located on West Road South Morningside in sought after development. Priced to go.

Covered parking, laundry, pool and gym in the complex. 24 hour security.

To View : Call Colleen - 083-260-2058 / 011-884-9850

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Sunninghill

Asking: R 575 000

Sunninghill- Johannesburg

1 bed, 1 bath garden unit. covered parking bay. Upmarket finishes. Pool, lifestyle centre and clubhouse in the complex. 24 hour security.



To View : Call Colleen - 083-260-2058 / 011-884-9850

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Sunninghill

Asking: R 850 000

Sunninghill - Rivonia - Johannesburg

2 bed, 1 bath garden unit. covered parking bay. Upmarket finishes. Pool, lifestyle centre and clubhouse in the complex. 24 hour security.

Availability -sold

New transfer duties 'will boost' property market

Finance Minister Pravin Gordhan’s announcement that the threshold at which transfer duty applies will increase from R500 000 to R600 000 is welcome news for the property industry, particularly the residential market, which has been depressed since 2008, David Warmback, a partner at Durban-based law firm Shepstone & Wylie, says.

This year’s Budget is the first time in five years that property transfer duties have been adjusted. The new rates, effective from February 23 this year, are:

* You will pay no transfer duty on property with a value of up to R600 000;

* On the value between R600 001 and R1 million, the duty is three percent of the value above R600 000;

* On the value between R1 000 001 and R1.5 million, the duty is R12 000 plus five percent of the value above R1 million; and

* On the value at R1 500 001 and above, the duty is R37 000 plus eight percent of the value exceeding R1.5 million.

Gordhan said in his Budget speech this week that the sliding scale at which transfer duty is levied will also apply to companies, close corporations and trusts. Previously, the sliding scale applied only to individuals, whereas companies, close corporations and trusts paid transfer duty at a flat rate of eight percent.

Warmback says although transactions in the commercial and industrial property sector are often subject to VAT (transfer duty does not apply if the seller is a VAT vendor), smaller businesses that buy property from a non-VAT vendor will benefit from the new transfer duty rates.

“With the stagnation of property prices over the past few years, the change to transfer duty should bring welcome relief to those in the property market – not only first-time and low-income home-buyers but buyers in higher price ranges as well,” Warmback says.

Jacques du Toit, the senior property analyst at Absa Home Loans, says the decrease in transfer duty rates is an attempt by the government to promote homeownership and to address the affordability of housing, especially among the lower-income population.

“This, together with government’s housing subsidy and the banks’ mortgage lending criteria for low-income and first-time property buyers, will support the lower end of the market.”

Du Toit says that in the absence of further interest rate cuts expected in 2011, the lower transfer duty and expected higher level of economic growth should support the residential property market this year.

Gordhan also announced that the government is exploring establishing a savings scheme that will provide first-time homeowners with a deposit as an alternative to the exemption on interest earnings.


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