GAP HOMES AT STELLENDALE VILLAGE

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Emery Wilcox
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1 GAP HOMES AT STELLENDALE VILLAGE

!! GAP housing can be defined as the creation and promotion by the provincial government of housing subsidies, in partnership with the private sector, or a buyer, or buyers, earning a total monthly

2 !! GAP housing can be defined as the creation and promotion by the provincial government of housing subsidies, in partnership with the private sector, or a buyer, or buyers, earning a total monthly gross income of between R3,501 and R18,000!! These income earners inhabit the GAP between those who earn too much to get a free house from the government but earn too little to get a bank bond for a home at normal market-related prices Interior of a Stellendale Village apartment

!! The Department of Human Settlements of the Western Cape Provincial Government concluded a joint development agreement with Visual International, the developer of Stellendale Village, the

3 !! The Department of Human Settlements of the Western Cape Provincial Government concluded a joint development agreement with Visual International, the developer of Stellendale Village, the award-winning security housing estate in Kuils River!! The Department made state land available to create 140 GAP opportunities in Stellendale Village, of which less than 100 are still available Interior of a Stellendale Village apartment

TICK THE BOXES BELOW AND SAVE UP TO R177,000 OFF THE COST OF A SECTIONAL TITLE APARTMENT IN STELLENDALE VILLAGE SECURITY DEVELOPMENT, KUILS RIVER "!

You have a total income before tax of less than R18,000 per month* *In the case of two or more people buying together, their total combined income before

4 TICK THE BOXES BELOW AND SAVE UP TO R177,000 OFF THE COST OF A SECTIONAL TITLE APARTMENT IN STELLENDALE VILLAGE SECURITY DEVELOPMENT, KUILS RIVER "! You are a South African citizen "! You are a first time home owner "! You have not received any other government housing subsidy "! You have a total income before tax of less than R18,000 per month* *In the case of two or more people buying together, their total combined income before tax must be less than R18,000 per month. This is a Western Cape Provincial Government and Visual International Holdings initiative, in association with International Housing Solutions

5 !! To qualify for GAP housing in Stellendale Village, the total monthly gross income of the buyer/s may be no more than R18,000 per month!! There are two price levels for GAP apartments at Stellendale Village:!! R352,600 the buyer/s total gross income must be less than R12,000 per month!! R472,700 - the buyer/s total gross income must be between R12,000 and R18,000 per month!! The market price of these units is normally R530,000!! Transfer duty and bond registration costs are included!! Banks have pre-approved 100% bonds for homes in Stellendale for qualifying buyers subject to their personal circumstances - terms and conditions apply!! Prices correct at time of going to press Apartments at Stellendale Village

6 !! Visual s award-winning Stellendale Village features:!! 2-bedroom apartments with shade-parking!! 24-hour manned security complex!! Over 440 completed and occupied units built to date!! A strict maintenance agreement ensures all properties and landscaping remains pristine!! Caltex Fresh Stop service station at entrance to village

7 !! Stellendale Village is located on the Stellenbosch Arterial close to:!! Zevenwacht Shopping Mall!! Cape Town Airport!! N1, N2 and R300 highways!! Bellville, Stellenbosch and Paarl!! Tertiary educational institutions including CPUT, UWC and the University of Stellenbosch

8 Stellendale Village, Northern Suburbs, Cape Town

9 !! 844 my place lifestyle retirement suites with all pertinent medical and retirement-related facilities!! Private pre-primary and primary school!! Saxdownes Junction shopping precinct!! Crêche and coffee shop Stellendale Village Entrance

To purchase a GAP apartment at Stellendale: 1.! E-mail copies of your ID, last 3 months bank statements and pay slips to us 2.! We then send your details to Province for initial approval 3.

10 To purchase a GAP apartment at Stellendale: 1.! copies of your ID, last 3 months bank statements and pay slips to us 2.! We then send your details to Province for initial approval 3.! Upon approval we make an appointment for you to view the Show Apartment 4.! Once you are happy to buy a GAP apartment you complete a sale contract 5.! We then send that to a bond originator for bond finance Apartments at Stellendale Village

!! You do not have to live in your new GAP apartment!! You can keep it as an investment and rent it out!! Rentals can pay the bond!! We have a waiting list of tenants!

11 !! You do not have to live in your new GAP apartment!! You can keep it as an investment and rent it out!! Rentals can pay the bond!! We have a waiting list of tenants!! We manage the whole rental process for you!! Remember that you can buy a GAP home with a suitably qualified partner or partners!! All South Africans who meet the qualifying criteria are eligible for GAP homes at Stellendale Village!! Tell your family and friends but do it soon as we have no doubt an offer like this will be snapped up! Stellendale Village

12 The visual and other material used in this document is for general guidance and illustrative purposes only. All photographs, site plans, unit counts, boundary demarcations, artist s impressions and descriptions used give an indication of areas of development or what properties may look like and comprise of, and are not necessarily representative in every respect. Some amendment applications to the existing land use and planning are in process, and the attached information is subject to the finalisation of these approvals. Visual International and its duly appointed representatives reserve the right to alter these details at any time. This information does not constitute a contract, part of a contract, guarantee or warranty. View over Stellendale Vilage looking north

porated.co.za For more about Visual www.

13 For more information please contact Leon Potgieter (071) or For more about Visual Stellendale Village Stellendale Village

offering the best of all Worlds

De Hoop Quality designed homes offering the best of all Worlds Blue Downs - Northern Suburbs R615 000 50m² - 2 bed, 1 bath R645 000 55.7m² - 2 bed, 1 bath (F/S) Victoria Repayments ±R6080pm Household income