Building under way on first bonded houses at Greenville Garden City

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Selling from R649k to homebuyers, qualifying for bond and govt subsidy programme (FLISP)

Construction is under way on the first 16 houses in the next phase of development at Greenville Garden City in Fisantekraal, Cape Town.  The houses in the pilot project comprise three sizes, 47sqm, 56sqm and 64sqm, with two or three bedrooms, and are priced at R649k, R720k and R800k respectively. All costs of transfer and bond registration are included in the purchase price.

ASSISTANCE FOR HOME LOAN APPLICATIONS

A comprehensive service is available for all buyers and the in-house sales team will assist all home buyers with their home loan applications as well.

FLISP SUBSIDIES FOR FIRST TIME BUYERS – SAVE THOUSANDS OF RANDS WHEN YOU BUY

The homes are also available to first time buyers earning a combined household income not more than R22 000, and who are able to raise a bond from a financial institution to buy one of these houses. Successful first time buyers and bond applicants will also have the opportunity to apply for government assistance through the Finance Linked Subsidy Programme (FLISP) and save thousands of Rands on their purchase prices. The property sales and finance team will assist all buyers with their FLISP subsidy applications.

Home buyers can also do a quick online check for the possible subsidy they may qualify for – Click here for the FLISP subsidy calculator.

The Property Sales Team will assist all first time buyers to do an exact calculation of the subsidy the buyer may qualify for.

FREE QUICK ONLINE CHECK FOR A HOME LOAN QUALIFICATION

An online service is also available for all buyers to first do their own online check if they can qualify for a home loan, and if required, for a FLISP subsidy. To register for the free online check, Register here

The new phase marks a switch-up in the development of Greenville, which was launched by Garden Cities, the Cape’s oldest and largest residential developer, in 2016, and where up to now, 1 583 Breaking New Ground (BNG) homes have been occupied by families that qualify for full home subsidies.

Garden Cities is currently setting up a show house for the new phase, where the sales team will be based, to assist walk-in clients from the local community and the surrounding areas. Following phases will be dependent on the need and affordability of the interested applicants.

Greenville is an integrated development combining people from all walks of life, and is a prime example of a human settlement where provision is made across the spectrum for economic, affordable, and also middle to higher income homeowners.

The bonded houses at Greenville offer excellent value, in terms of accommodation, erf size and fixtures and fittings. Among the items included in the sale are counter-top hobs in the kitchen and built-in ovens. A choice of carpeting or floor covering is also offered in the living areas and bedrooms. Bathrooms are well-equipped, with the further cost-effective advantage of gas geysers. All homes have off-street parking and walled back gardens.

At Greenville, the core components of the facilities that are a usual part of a Garden Cities suburb, are well advanced.  Sports and cultural facilities are also high on the agenda for joint ventures with specialists in this field. Open, planted and landscape spaces are a vital feature in the town planning.

An artist’s impression of a virtual walk through of a 3 bedroomed house is also available. Click here to view

To view the properties on our online listing:

2 bedroomed house priced at R649 000 – size 47 m2 – 1 bathroom
2 bedroomed house priced at R720 000 – size 56 m2 – 1bathroom
3 bedroomed house priced at R800 000 – size 64 m2 – 2 bathrooms

VIEW THE HOUSE ONLINE 

SALES TEAM

Information on the houses, as well as the buying options can be obtained from the Sales Team, Amanda Crawford and Anele Matakane.

To register to show your interest. Click here

Buyers can contact:

This article is a general information sheet and should not be used or relied on as legal or other professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your legal adviser for specific and detailed advice. Errors and omissions excepted (E&OE)

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