Monarch Estate

• Studio & 2 Bedroom Apartments
• Priced From R999 000
• 255 Modern Apartments To Choose From

YOUR SAFETY IS OUR PRIORITY

The team behind Monarch have made it a number one priority to ensure that all residents feel safe and secure in every way. Biometric Resident Access Control 24/7 Manned Security Access Perimeter Fencing

• CCTV Surveillance
• Secure Underground Parking

FEATURES

• Built-in Braai’s (Stainless steel optional extra)
• High-Speed Fiber-internet
• Induction Hob (Gas Hob: Optional Extra)
• Private Balconies And Gardens 1KV Inverter (Optional Extra) Pet-friendly Ground-floor Units
• Lift Access
• Quartz Kitchen Countertops Bosch Appliances

SECTION 13 SEX BENEFITS

Investors still have access to powerful tax incentives, including the popular Section 13sex of the Income Tax Act No. 58 of 1962. This scheme enables any taxpayer who owns five or more new, residential rental units, to claim up to 55% of the purchase price as a tax deduction. (Deductible over 11 years)

EXAMPLE CALCULATION OF HOW SECTION 13 WORKS:

• Purchase five units at a total of R5 Million
• Claim 55% back of the final purchase price.
• R2.75 Million via specific tax breaks.

Effectively 5% of the deemed purchase price may be used as an annual tax deduction. This works out to a tax deduction (tax write-off) of R137 500 per year for 20 years. Buy 5 entry-level units and enjoy a total tax write-off of R2.75 Million!