Curious about Annex Bedfordview? Unlike other off-plan developments, Annex Bedfordview is part of an existing development where residents are living life to the full in Bedfordview. We have a fully operational gatehouse, units sold in our first phase and amenities complete and construction on our additional phases has already kicked off with more residential blocks on the way.
The recent release of our show unit in early February proudly put Annex Bedfordview on display. We invite you to come and experience the ease and convenience of Annex Bedfordview’s superior, spacious lifestyle.
At Annex Bedfordview, we’ve opened opportunities to buy off-plan, giving you a lucrative financial advantage. Buying off-plan allows you to purchase a property before it’s fully constructed. This approach is often the most financially advantageous entry point in the property market. When you commit to an off-plan property, such as a unit in a development like Annex Bedfordview, you’re essentially buying at a premium price.
Here’s why Annex opportunities should be first on your property investment list:
Blueprint for profit
Buying off-plan you experience significant capital appreciation – maximising your real estate investment
You are buying direct from the developer which means you do not pay transfer duty and enjoy tax benefits
First choice of units at premium prices
With the first phase completed and amenities already available for use, Annex has delivered homes in a short space of time.
Existing amenities already delivered
Understanding capital appreciation
When talking about real estate investment, capital appreciation is a term that resonates with promise and potential. Especially pertinent to off-plan property developments, this concept can be a key driver of financial gain. This is because you are essentially buying at the lowest price-point and you are able to see it translate into increased value over time.
Buying off-plan acts as a hedge against future market fluctuations. In a scenario where property prices are escalating, securing a fixed price early on shields you from the rising costs that you would otherwise face if you were to buy a completed property in the future.
No transfer duty and tax benefits
One of the most significant benefits of investing in an off-plan development or newly constructed home and buying direct from the developer is the inclusion of tax within the sale price as VAT. This arrangement exempts you from transfer duty, a tax typically required by the South African Revenue Service (SARS) when purchasing an existing property valued at R1.1 million or more.
For properties priced above R1.1 million, this can translate into substantial upfront cost savings. You can unlock living at Annex Bedfordview with units priced from R1,2 million, with only a R5 000 deposit and no transfer duty payable.
First choice of units
A further perk is the opportunity to be the first to choose your ideal unit within the sectional title scheme. As an investor, you can stake your claim on the unit that tenants are usually after. This could be top floor apartments with a view, or units closer to the gatehouse for easy access to the main road. As a future resident, you can choose an apartment that suits your preferences and needs, in a freshly built home situated in a carefully planned community with robust security and a variety of shared facilities.
Fast build time
Annex Bedfordview is building fast! Within a year, we’ve already got our first phase up. You can look forward to realising your investment sooner than you think – and with the knowledge that your property would have appreciated in value.
Bedfordview enjoys an approximate 6% year-on-year capital appreciation. As the construction of the development progresses, several factors contribute to the appreciation of your property’s value. Firstly, as the physical structure takes shape, the abstract concept of the home becomes a tangible reality, naturally increasing its market value. Secondly, during the construction phase, the development itself begins to attract more attention. As awareness and demand increase, so too does the value of the property within it.
The true moment of realisation for capital appreciation in off-plan investments comes at the time of transfer, when the construction is complete, and the property is officially yours. By this point, the market value of your property will have likely increased from your initial purchase price. This increase is not just due to market dynamics but also because you purchased at a lower rate initially, and the development itself has added value through its completion.
Existing amenities already delivered
Unlike typical off-plan developments, Annex Bedfordview boasts pre-existing amenities adding immediate value to your investment. Our gatehouse and swimming pool is fully operational and in a few short months from launch we have the day care centre up and running, and a fully kitted gym. These lifestyle amenities are a huge advantage to potential tenants, creating a holistic well-balanced lifestyle within a secure estate.
Investing in off-plan properties like those in Annex Bedfordview is a strategic choice for those looking to benefit from capital appreciation. In an off-plan development that has already delivered in terms of a secure, built estate, completed units in the first phase and existing amenities provides ample credibility. It allows investors to enter the property market at a lower price-point, with the potential for significant appreciation by the time of completion. As with any investment, there are risks and variables, but understanding the mechanisms of capital appreciation in off-plan developments is crucial for making informed decisions. With careful consideration and strategic planning, buying off-plan is a lucrative pathway to real estate investment success.
