Buying from a developer means brand-new finishes, no transfer duty, and buying off-plan means you can enjoy capital appreciation before taking occupation and starting to pay for your new home.
From Kenilworth to Observatory, Woodstock, Zonnebloem and Tokai, check out these apartments from under R2 million…
1. Castle Rock in Zonnebloem from R1.6 million to R3.845 million
Situated near the mountainside and just five blocks from the rejuvenated Cape Town city centre, Castle Rock offers affordable modern apartments with views in Zonnebloem.
Table Mountain’s walking and running trails are just 2km away, and you will be close to tertiary institutions, restaurants, bars and coffee shops.
A deposit of R200 000 will secure your apartment, and the estimated growth of 15% per annum is R300 000, which means this initial investment will be worth R800 000 upon transfer.
To view the development, click here.
2. The Winchester in Observatory from R1 699 990 to R4 656 960
Located on the corner of Main and Koetzee Roads in Observatory, The Winchester will be a contemporary structure with clean lines and modern design, offering New York-style apartments.
It is situated close to Cape Town’s City Centre and Southern Suburbs, and offers easy access to the N2. You will also have access to numerous amenities right on your doorstep, including easy access to public transport.
The loft-style apartments will have green design elements and views of Cape Town.
To view the development, click here.
3. Eighty Two on Harfield in Kenilworth from R1 950 990 to R4 049 990
Situated in sought-after and leafy Kenilworth Upper, Eighty Two on Harfield offers a sophisticated and prestigious lifestyle opportunity.
The development will incorporate modern design and the latest technologies to ensure upmarket living, while still giving you the security and convenience of a lock-up and go lifestyle.
As a suburb, Kenilworth Upper is picturesque, with Table Mountain as its backdrop, and offers activities and conveniences for everyone, as well as easy access to public transport.
To view the development, click here.
4. WEX One in Woodstock from R1.4 million to R3.625 million
WEX1 is a new 10-storey mixed-use building to be developed opposite the Woodstock Exchange in Albert Road, and will offer mountain, city and sea views.
The development will include restaurants, shops and offices on the double-volume ground floor, two floors of parking, and six floors of apartments.
The building and apartments will boast industrial-chic new urban design by Vivid Architects, imported German kitchens, SMEG appliances, vinyl timber floors, and you will have access to a swimming pool, gym and entertainment deck, with a MyCiTi bus stop, cycle track and railway on your doorstep.
A 10% deposit will secure your apartment, with occupation and transfer in 2019.
To view the development, click here.
5. Royale on Main in Tokai from R1.775 million to R1.89 million
Royale on Main in Tokai will offer apartments over five floors, with a swimming pool and outdoor lounge facilities on its rooftop.
Apartments will range from 72sqm to 79sqm, which includes large balcony areas from which to take in views of the Constantiaberg range, and finishes and fittings will include porcelain tiles, high-end laminate wooden flooring, Caesarstone countertops, SMEG stainless steel ovens and hobs, and LED lighting.
You will have access to numerous amenities, good schools and sporting facilities.
To view the development, click here.
6. Obscourt in Observatory from R1.2 million to R2.541 million
Obscourt is situated on a 5 000sqm site within walking distance to Main Road on the MyCity route, with bistros, coffee shops, theatres and sporting facilities right on your doorstep.
Obscourt will focus on optimal design elements and lifestyle amenities, including a private gym, heated roof-top pool and braai area and ample visitors’ parking bays, while eco-friendly sustainability and energy cost savings are assured by LED light fittings, motion sensors and water-saving sanitaryware and brassware.
Additional features include fast fibre-optic Wi-Fi connectivity and an onsite laundry.
To view the development, click here.
- Ula van Zyl
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