Annex Bedfordview Frontier apartments are a smart investment for today’s property investor. Within a year, our first phase will be ready and you can begin earning a guaranteed rental income stream. We’ve got a rental management solution designed just for you for the first 12 months, where we will source tenants and handle all rental management. Now that’s a WIN in Johannesburg’s bustling rental market!
Key highlights of this blog:
- Annex Bedfordview is a valuable investment for property investors, offering a 12-month guaranteed rental income
- The development is near Sandton’s business hub and in a desirable school district, making it attractive for families
- The South African rental market is growing, with more people opting to rent due to high property ownership costs
- The national rental index is increasing, showing market resilience
- Investing in Annex apartments promises a 7% – 10% net annual return, with all levies and rates covered
- The investment offers financial flexibility and is stress-free, easily pre-qualify with ooba
- Investors need to secure an apartment with a deposit, agreement, and bond/cash guarantee
Renting is on the rise
South Africa’s rental property market is thriving. Now more than ever, renters are looking for modern, new apartments in suburban areas close to Sandton’s business and commercial hub. Added to this, Annex Bedfordview is primely in the middle of a sought-after school district, making Annex apartments a sound rental opportunity for a young family moving into the area.
In South Africa, a trend is emerging where people from young to old are opting to rent homes. This trend is spotlighting the need for more affordable rental options. For investors, this shift offers a promising opportunity to invest in property that can provide a steady income stream.
According to the PayProp Annual Market Report for 2022, the national average rental index is on the rise. The resilience of the South African market is evident as spending power continues to increase and the market comes back to pre-pandemic levels. From 3.2% in 2020, the rental market is now at 3.4%, experiencing a robust steady growth from 2021 to the fourth quarter of 2022.
Invest in Annex apartments
Annex Bedfordview presents an exceptional investment opportunity in South Africa’s vibrant property market. With a 12-month rental income guarantee, investors can expect a significant 7% – 10% net annual return, covering all levies and rates for a stress-free investment.
Our development capitalises on the growing demand for rental properties, driven by economic trends and consumer preferences. Annex Bedfordview’s strategic location and modern amenities make it a compelling choice for investors seeking stable and lucrative returns in the property sector.
What sets this opportunity apart is the stress-free investment it provides – the guarantee comprehensively covers all levies and rates, alleviating the typical stresses associated with property investments. Investors can also enjoy financial flexibility, as the rental income generated during this period can be utilised to cover mortgage payments or explore additional investment avenues, further solidifying Annex Bedfordview as a strategic and investor-friendly choice in the South African property market.
To take up this opportunity, investors simply need to secure their preferred apartment with a deposit, a signed agreement, and a bond/cash guarantee confirmed by conveyancing attorneys.
Purchasers can then enter into a 12-month lease agreement with Annex Bedfordview, offering R12 000 per month for a 2-bedroom, 2-bathroom unit, and R17 000 for a 3-bedroom, 2-bathroom unit. Calculations are based on the plus VAT purchase price.
Prequalify with ease
Annex Bedfordview has partnered with ooba, South Africa’s leading home loan company, to simplify the pre-qualification process for potential investors. With ooba’s Bond Indicator, you can get pre-qualified in less than 5 minutes, completely online and paperless.
This service provides up to 100% bond financing for qualified buyers, allows one application to be submitted to all banks, and offers multiple quotes for comparison. Documents required for the home loan application vary for salaried employees and self-employed individuals. This partnership ensures a streamlined and efficient process for securing your investment at Annex Bedfordview.
Situated in the heart of the vibrant Bedfordview neighbourhood, Annex redefines urban living with its modern apartments and an array of exceptional amenities.
Recently launched on October 26, 2023, this is your opportunity to secure your place in our dynamic community.
The rental guarantee is a commitment by Annex Bedfordview to ensure a rental income for purchasers acquiring an investment property intended for leasing. The guarantee is NET to the buyer, meaning the developer covers levies and rates, and the buyer receives the difference.
Specific terms and conditions apply.
Contact us to invest smart with Annex Bedfordview.
