ABOUT THE PROJECT

What is 2.1.9.6 Sandton’s address?
3 Stan Road, Sandton. Situated in the heart of Sandton’s Financial business District. Minutes from Nelson Mandela Square and the Gautrain. 

Who are the developers?
CRI-Eagle Investments (Pty) Ltd, is a subsidiary of China Railway Group Limited (CREC) the second largest contractor in the world and has co-developed Eagle Canyon Golf Estate. CREC is a Fortune Global 500 company, and is also one of the World’s 500 Most Influential Brands.

Who are the architects?
AMA Architects was established since 1993, it’s an Award Winning South African Architectural firm. AMA Architects won the 2015 Innovation Excellence Award for Sandton Skye from the South African Property Owners Association (SAPOA) for the first phase of Sandton 2.1.9.6. 

When is the completion date?
Construction is set to commence the 4th quarter of 2024. The estimated completion date is 18 months later.

Who are the Attorneys?
Nam-Ford was established in 1989. For over 28 years Nam-Ford have been on the Home Loans A-panel of the 4 major South African banks, consisting of ABSA Bank, FNB, Nedbank and Standard Bank for registration of their mortgage bonds.

Who are the property agents?
Lynn Estates since 1989 has played an integral role in developing the Sandton skyline. Creating iconic landmarks such as the Michelangelo Towers and many more, Focusing on projects within a 8km radius of the Nelson Mandela Square.

Who are the interior designers?
Jayd Designs established in 2001 is an interior firm creating innovative and inspiring design solutions to enhance maximum returns for today’s investor. 

What is a lifestyle development?
A one of a kind world class project with 3 iconic towers of lifestyle and an Oasis of greenery with sparkling pool and firepit. Set on 3 acres in the financial business district of Sandton

Sandton Sky: Restaurant & Entertainment
Fine dining | The Codfather restaurant serving breakfast, lunch and dinner | Sushi bar | Indoor/outdoor cocktail bar | Wine Cellar | Whiskey bar | Cigar Lounge

Sandton Oasis: Business Centre
Lounge with meeting areas | Executive private meeting rooms and conference facilities | Library with fireplace | Luxury Bar area

Sandton 2.1.9.6: & Fitness Centre & Wellness Spa 
Fitness centre | Wellness Spa | Hair and nail salon | Yoga studio | Meditation garden 

An oasis of Greenery: 
Set in a lush manicured garden that will become your sanctuary in the city. Sparking pool | Daybeds & Umbrellas | Outdoor dining & Cocktails | Fire pit 

Service is at your fingertips from the in-house keeping and laundry, designer boutique, High speed fiber through-out, backup power and an inverter in each unit, secure access-controlled basement parking to peace of mind 24-hour security.

BUYING

BOND FINANCE

  • A 10% deposit is required within 7 days of signature of the agreement.

  • Lynn Estates and Elcasa (Residential Property Finance Specialist) will assist you with 90% bond finance to ensure a smooth process. In the event of a lesser bond approval, the shortfall needs to be secured.

NON-SA RESIDENT WITH 50% BOND FINANCE

  • A 10% deposit is required within 7 days of signature of the agreement.

  • Elcasa will assist with the necessary process to secure 50% bond finance (subject to the qualifying criteria). 40% balance to be secured in 60-90 day.

CASH BUYERS (SA AND NON SA RESIDENT)

  • A 10% deposit is required within 7 days of signature of the agreement.

  • The balance to be secured in 60-90 days. 

Does the deposit earn me interest?
The deposit is paid into the transferring attorney’s interest-bearing account and your money will earn interest for you.

What are the benefits of purchasing now?

  • If you buy off plan, the developer is holding the purchase price and by the time your unit is completed you would have achieved capital appreciation. 

  • During construction, the developers increase the selling prices and you would have secured your unit at the pre-construction launch price. 

What are the price ranges and estimated rental returns?

One Bed Designer Apartment
from R1 875 000 - R2 195 000 VAT Inclusive
Option to furnish by Jayd Interiors: R278 000 VAT Inclusive
Est. daily rates for furnished unit: ±R2 200 - R2 500 at 60% occupancy will yield a monthly net income: ±R33 750 (13% - 17%)

One Bed Presidential Corner Apartment
from R3 285 000 - R3 450 000 VAT Inclusive
Option to furnish by Jayd Interiors: R398 000 VAT Inclusive
Est. daily rates for furnished unit: ±R3 500 - R3 800 at 60% occupancy will yield a monthly net income: ±R55 000 (13% - 17%)

Two Bed Duo Apartment 
Two units combined R3 950 000 - R4 390 000VAT Inclusive
Option to furnish by Jayd Interiors: R556 000 VAT Inclusive
Est. daily rates for combined furnished unit: ±R4 600 - R5 000
at 60% occupancy will yield a monthly net income: ±R71 500 (13% - 17%) 

Two Bed Exec Apartment 
from R4 170 000 - R4 390 000 Vat Inclusive 
Option to furnish by Jayd Interiors: R556 000 VAT Inclusive
Est. daily rates for combined furnished unit: ±R4 800 - R5 000
at 60% occupancy will yield a monthly net income: ±R71 500 (13% - 17%)

Three Bed Elite Apartment 
R6 585 000 Vat Inclusive
Option to furnish by Jayd Interiors: R834 000 VAT Inclusive
Est. daily rates for combined furnished unit: ±R7 500 at 60% occupancy will yield a monthly net income: ±R113 250 (13% - 17%)

Two Bed Premier Deluxe Apartment
R5 680 000 Vat Inclusive
Available 8th - 13th floor | Option to furnish by Jayd Interiors: R676 000 VAT Inclusive
Est. daily rates for combined furnished unit: ±R6 300 at 60% occupancy will yield a monthly net income: ±R96 800 (13% - 17%)

Three / Four Bed Royal Penthouse Suite floor 
R12 895 000 VAT Inclusive 
Available on the 14th & 15th floor 
Option to furnish by Jayd Interiors: R1 875 000 VAT Inclusive
Est. daily rates for furnished unit: ±R15 000 at 60% occupancy will yield a monthly net income: ±R251 920 (13% - 17%)

Is there parking available?
2.1.9.6 Sandton has secure covered parking for residents as well as ample visitors parking. Parking is secure and has direct access to the building.

Parking is included in the purchase price:

  • One Bed Designer Apartment = 1 parking

  • One Bed Presidential Corner Apartment = 1 parking

  • Duo Apartment = 2 parkings

  • Two Bed Exec Apartment = 2 parkings

  • 3 Bed Elite Apartment = 3 parkings

  • Two Bed Premier Deluxe Apartment = 2 parkings

  • Three / Four Bed Royal Penthouse Suite = 3 parkings

Transfer duties
No transfer duties are applicable as the purchase price is VAT inclusive.

Transfer costs 
The attorney costs as per the recommended tariff to transfer the unit into your name will be applicable. 
Example: On a purchase price of R2 million the transfer costs will be R39 500*
*Please note these are subject to change

Attorney details:
Nam-Ford Attorneys
www.nam-ford.co.za

Precious
T: 011 210 2800
C: +27 (0) 73 336 8453
E: precioush@nam-ford.co.za

Bond pre-qualification and pre-approval
Lynn estates will assist you with Elcasa to ensure an effortless process. 

Once my bond is approved, when do I start paying?
Bond repayments will commence once the property has been registered and transferred into your name. 

Bond registration costs
Bond costs are payable at the time that the bond registers, once the development is complete.

RATES
The local council calculates rates based on the value of the unit. This fee is separate from levies.

LEVIES
They cover the costs of security, cleaning & landscaping of the common areas, maintenance of the building, building insurance and all running costs and management costs and insurance of the building.

Are there any hidden costs?
The contract price is the price the client will pay for the property. There is occupational interest due from the date you take occupation until you take ownership (transfer takes place).

When will we be able to move in/find a tenant?
Near completion of the development, the transfer process will commence. Occupation will be given following the issuing of the occupation certificate. You will be able to occupy or rent out your apartment from the date of occupation.

How can I rent out my investment unit?
Lynn Estates / Sandton 2196 rentals have an in-house rental team that will assist in renting your unit. You also have the right to manage your own rental.

PRE-PAID ELECTRICITY
Each unit will have an independent electricity meter.

WATER SUPPLY
Water will be paid in arrears and will be billed and metered on specific unit usage.

AMENITIES

What security does 2.1.9.6 Sandton offer?
24-Hour security and concierge, Access controlled lobbies and lifts , Advanced biometrics (electronic identity access management and access control), State-of-the-art security throughout the building, Secure monitored undercover parking,  24-Hour secure guard house.

Is air-conditioning available?
Sandton 2196 is fully temperature controlled.

Does the building have backup power?
2.1.9.6 Sandton has backup power and water. 

Is there a cleaning services?
Trustworthy cleaning services are available to residents and tenants at 2.1.9.6 Sandton.

Is there Wi-Fi?
The building is High-speed fibre optic ready. 

Is Sandton 2.1.9.6 Pet Friendly?
No pets are allowed. 

Who can I speak to for more information?
Lynn Petzer | Refiloe Moyo
+27 83 655 5539 (Call or WhatsApp)
info@lynnestates.co.za

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