Friday, December 14

Crystal Lane makes luxury affordable

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A new high-end sectional title development in Parklands is the latest opportunity among Western Cape projects in which hundreds of units have been sold.

A new high-end sectional title development in Parklands is the latest opportunity among Western Cape projects in which hundreds of units have been sold through IGrow Wealth.

In nine separate blocks within a security precinct, Crystal Lane has 50 three-bedroom, two-bathroom apartments priced from R1.16 million. Bond costs are included and there are no transfer fees. 

IGrow’s previous sell-out successes in Parklands include Forest Place, Sahara Mews, Carlton Mews, Pimlico Place, Hampton Place, Libertas and Augusta. 
Gerhardt Jooste, general manager of new developments at IGrow, says Crystal Lane investors are able to buy the quality units for under R1.2m, which is R500 000 less than similar units close by.

The Crystal Lane units will command rentals of between R9 500 and R10 500 a month. 
Between signing the purchase agreement and taking occupation early next year, the value of the units is expected to rise 8 to 10%.

Weekend Argus Property
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