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Silos gets some colour

Gatsby Property Brokers feel that the strength of this development is the affordable pricing, with units priced below R 300 000. The design and layout of the units is such that investors can aim to charge rentals of R3 000 per month – hence it is envisaged that rental income should be sufficient to comfortably cover bond payments and levy payments.

The Segstone Silos forms phase one and the “Blue IQ”, now named the “Grand Silos” is phase two of this development. The architecture and design on phase one is so unique that these units are already enjoying extensive press exposure and have investors queuing up to buy them.
The Segstone silos have mostly small, trendy student and bachelor or young couple studio apartments. This includes six larger tower units and 10 two-bedroomed penthouses. This building has nine floors, excluding the additional loft floors in the penthouses. This development’s total value is R28 million.

The Grand Silos have over 250 one, two and three-bedroom apartments. This development has a restaurant, coffee shop/take away, full health club, outside braai deck, DSTV and internet access, 24 hour security and reception, laundry, offices and showrooms. There are 15 floors. This development’s total value is R110 million.

The launch date of the new Silos is 9 October, from 1 to 6pm. For details, write to pierre@gatsbypropertybrokers.co.za or phone Pierre on 082 887 1479