NO TRANSFER DUTY
Web Ref ORL29754
NO TRANSFER DUTY
Web Ref ORL29754
R2,199,000
Option 3 Monarch, 2 Old Oak Road, Tyger Valley, Bellville
Monthly Bond Repayment R22,697.82
Calculated over 20 years at 11.0% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
DONT MISS OUT - ALMOST SOLD OUT - NEW MONARCH DEVELOPMENT
DISCOVER THE ESSENCE OF LIVING
Nestled in the vibrant Tyger Valley area of Cape Town, Monarch features modern apartments designed for comfort and style. Located At 2 Old Oak Road, Tygervalley, Cape Town
A PLETHORA OF FEATURES
Built in Braai’s (Stainless steel optional extra)
High Speed Fiber-internet
Induction Hob (Gas Hob: Optional Extra)
1KV Inverter (Optional Extra)
Quartz Kitchen Countertops
Bosch Appliances
Private Balconies And Gardens
Lift Access
Pet-friendly Ground-floor Units
YOUR SAFETY IS OUR PRIORITY
The team behind Monarch have made it a number one priority to ensure that all residents feel safe and secure in every way
Biometric Resident Access Control
24/7 Manned Security Access
CCTV Surveillance
Secure Underground Parking
Perimeter Fencing
SECTION 13 SEX BENEFITS
Investors still have access to powerful tax incentives, including the popular Section 13sex of the Income Tax Act No. 58 of 1962. This scheme enables any tax payer who owns five or more new, residential rentals units, to claim up to 55% of the purchase price as a tax deduction. (Deductible over 11 years)
EXAMPLE CALCULATION OF HOW SECTION 13 WORKS
Purchase five units at a total of R5 Million
Claim 55% back of the final purchase price.
R2.75 Million via specific tax breaks.
Effectively 5% of the deemed purchase price may be used as an annual tax deduction. This works out to a tax deduction (tax write-off) of R137 500 per year for 20 years
Nestled in the vibrant Tyger Valley area of Cape Town, Monarch features modern apartments designed for comfort and style. Located At 2 Old Oak Road, Tygervalley, Cape Town
A PLETHORA OF FEATURES
Built in Braai’s (Stainless steel optional extra)
High Speed Fiber-internet
Induction Hob (Gas Hob: Optional Extra)
1KV Inverter (Optional Extra)
Quartz Kitchen Countertops
Bosch Appliances
Private Balconies And Gardens
Lift Access
Pet-friendly Ground-floor Units
YOUR SAFETY IS OUR PRIORITY
The team behind Monarch have made it a number one priority to ensure that all residents feel safe and secure in every way
Biometric Resident Access Control
24/7 Manned Security Access
CCTV Surveillance
Secure Underground Parking
Perimeter Fencing
SECTION 13 SEX BENEFITS
Investors still have access to powerful tax incentives, including the popular Section 13sex of the Income Tax Act No. 58 of 1962. This scheme enables any tax payer who owns five or more new, residential rentals units, to claim up to 55% of the purchase price as a tax deduction. (Deductible over 11 years)
EXAMPLE CALCULATION OF HOW SECTION 13 WORKS
Purchase five units at a total of R5 Million
Claim 55% back of the final purchase price.
R2.75 Million via specific tax breaks.
Effectively 5% of the deemed purchase price may be used as an annual tax deduction. This works out to a tax deduction (tax write-off) of R137 500 per year for 20 years
Features
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
2
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
60m²
Downloads
| Monarch Brochure.pdf | 3.2 MB | Download | |
| Monarch Floor Plan.pdf | 10.6 MB | Download | |
| Monarch Specifications.pdf | 3.1 MB | Download |
STREET MAP
STREET VIEW
