Amberfield City in Centurion, much like Waterfall City and Steyn City, is growing and developing at a rapid rate.
The Madison @ Amberfield City is a brand new upmarket security estate which is the second security estate in the greater Amberfield City development. Amberfield City is a 10 to 12-year project which ensures guaranteed growth and includes a private school (Amberfield College) that has been operational since January 2019. The estate is perfect for couples and young families. It is pet-friendly and boasts modern designs with upmarket finishes and energy-saving elements such as PV thermal solar geysers, energy-saving lighting, roof insulation and aluminium windows.
Launched in May 2019 the estate will consist of 365 units with a combination of 2-bedroom apartments as well as free-standing simplex and duplex houses. Occupation will start from November 2019.
2-Bed apartments selling from R820 000
(Rentals from R7 000pm)
3-Bed free-standing duplex houses selling from R1 535 000
(Rentals from R11 500pm)
3-Bed free-standing simplex houses selling from R1 885 000
(Rentals from R15 500pm)
Below return on investment is calculated with the 12-month free levy duplex promotional offer and other units occupying 2020
|Unit Type||Size m2||Purchase Price||Expected Rental pm|
(Gross, 6% p/a esc)
|Estimated Levy pm @|
R14/m2 (5% p/a esc.)
|Estimated Rates pm||Nett Rental Income pm||Nett Rental Return|
(excl capital growth)
|Projected Capital Growth|
(at 7% p/a)
|Total Return On Investment|
(Capital growth + nett rental income p/a)
|2 Bed, 1 bath apartment with balcony||60||R820 000||R7 000||R840||R667||R5 493||8%||R877 400||7%||R123 316||15%|
|3 Bed, 2 bath duplex with double carport||110||R1 535 000||R11 500||R1 358||R10 142||7.9%||R1 642 450||7%||R229 152||14.9%|
|3 Bed, 2 bath duplex with 1 carport and 1 garage||134||R1 635 000||R12 500||R1 455||R11 045||8.1%||R1 749 450||7%||R246 992||15.1%|
|3 Bed, 2 bath simplex with double garage||154||R1 885 000||R15 500||R2 156||R1 696||R11 648||7.4%||R2 016 950||7%||R271 720||14.4%|
Amberfield City is a highly sought-after area for tenants. This development is centrally located with easy access to major routes and workplaces. It is also close to Amberfield College, other schools, shops and more. The high rental demand in this area means your investment property will be easily and fully tenanted.
FEATURES AND SERVICES
You are also welcome to visit us on site:
Winter 09:00 – 17:00
Summer 09:00 – 18:00
Alternatively, call us: Click for Number