Hurlingham | Sandton
Hurlingham | Sandton
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Hurlingham | Sandton
The Residency
Formerly a hotel, now open to investors for both short and long-term letting opportunities, The Residency is an exceptional opportunity to elevate your property portfolio. With a superb position close to the spectacular lifestyle on offer in Sandton, your tenants or guests can easily dine out, enjoy the local green spots and sporting facilities, day spas, sparkling nightlife, and world-class malls.
The location is also perfect for visitors to the famous Wanderers’ Cricket Stadium or parents needing to visit the prestigious boarding schools in the area. Just a quick Bolt or Uber ride to the Gautrain Sandton station for international guests and business travellers needing access to the top financial and business district of South Africa.
Priced from R1,495,000
- 2 Bed | 2 Bath apartments
- Access to premium amenities
- Only R5,000 deposit required
Investment benefits
- Existing leases with rental income up to R16,670/ month*
- Already tenanted, so your unit generates income on registration
- ROI of up to 14,02%*
- Bond and transfer fees included (saving you up to R89,000*)
- Monthly contributions from -R1,772*
- Furniture included in the selling price
- 100% bonds available through IGrow Home Loans
- IGrow Rentals will manage your tenant and maintenance for you
- Companies and Trusts set up for you through IGrow Trusts
Development
key highlights
- 2 secure parking bays per apartment (1 covered and 1 uncovered)
- 24-hour manned security
- Wifi and DSTV ready
- Solar geysers (with electric backup)
features
Apartments
- Available fully furnished (ideal for short-term letting)
- Air conditioning in every bedroom
- Elegantly tiled throughout
- Impeccable quality finishes
- Full Bathroom with bath and shower
- Beautiful modern kitchens with wet points for both dishwashers and washing machines
- Ground-floor units have exclusive-use gardens with artificial lawn
- Quartz countertops
- Whirlpool under-counter oven and glass hob with extractor fan
Unit plans
Typical 2 BED | 2 BATH
GROUNDFLOOR UNITS
Priced at R1,595,000
Unit size:
84m²Projected monthly rental income from:
R16,670Projected monthly bond repayment (30yr @ 10.50%):
R14,590Est. monthly levy:
R2,100Est. monthly property rates:
R750Est. monthly contribution from:
-R2,687
Typical 2 BED | 2 BATH
First & Second floor UNITS
Priced from R1,495,000
Unit size:
84m²Projected monthly rental income from:
R16,670Projected monthly bond repayment (30yr @ 10.50%):
R13,675Est. monthly levy:
R2,100Est. monthly property rates:
R750Est. monthly contribution from:
-R1,772
- Right next to Jan Smuts Ave and Winnie Mandela Drive
- Gautrain Station (Sandton) 3.4km
- Old Parks Sports Club: 2.6km
- Hyde Park Corner Mall 2.5km
- Sandton City 3.4km
- Beechwood Bottanical Gardens 4.2km
- Wanderer’s Stadium 5.1km
- The River Club Golf Course 5.2km
- Inanda Polo Club 5.4km
- Tara Hospital Outpatients Section 1km
- Morningside Mediclinic 4.6km
- Sandton Mediclinic 4.7km
- Virgin Active Gym 5 km
- Vega School 2.5km
- GIBS Business School 3.2km
- Crawford International School 3.6km
- St Stithian’s College 4km
- Bryanston High School 4.3km
- Redhill School 5.1km
- Wendywood Primary School 8.6km
Spectacular
Sandton Lifestyle
Situated on 8 Braemar Road, just off William Nicol Drive, with easy access to Rosebank, Sandton, and Bryanston
Documents
IGrow makes no warranties, whether expressed or implied, regarding contents, accuracy, financial projections and/or assumptions, nor availability. The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty, or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party concerning any act or omission by the User in relation to the information and the use thereof by the User. Attorney and bond fees for transfer paid by Seller only where appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable.
*Depending on unit chosen
**Rental assist only applicable where buyer signs a rental mandate with IGrow Rentals for the duration of the rental assist offering.
Contact us
Fill in the form below with your details and one of our Sales Consultants will contact you to further assist.
FREQUENTLY ASKED QUESTIONS
This is a cash amount paid directly to you in monthly installments over a set period. No deductions are taken off this amount, and it is paid to you along with your rental income each month. It is intended to help reduce your monthly shortfalls in the first years of your investment.
This is what you have to pay in after your investment expenses until you reach break-even point.
Simply put:
This is the Return on Investment you make before any deductions each month. It is usually expressed as a percentage. ROI is calculated like this:
Bond fees are the cost of registering your bond with your bank or financial services provider. Transfer duty is a tax paid on the transfer of a property to a new owner.
IGrow usually waives bond and transfer fees to make your investment more affordable for you, saving tens of thousands of Rands.
This is how much rent you can expect to earn on your investment property. The amount will vary depending on the unit you choose. For example, ground floor apartments will typically command a higher rent than a 2nd floor apartment.
Rental income variations within a development usually reflect unit size, convenience of access, and special features like private use gardens or a great view.
Rental management by IGrow Rentals includes:
- Tenant vetting and credit checks
- Drawing up lease agreements
- Conducting regular property inspections
- Rent collection and payment to you
- Handling routine maintenance and call-outs from tenants
- Reporting on income and expenses for your tax returns
- Settling disputes and sorting out evictions
- Arranging tenant insurance
This means you are buying a property that already has a tenant living in it. Once the property is registered in your name (after your bond has been registered and transfer has taken place), you will start receiving rental income right away. There is no waiting for a tenant to be found and vetted for you.