The site of the development is beautifully located on the crest of a hill, with most units being afforded incredible views of Table Mountain or the Winelands.

This will be a security complex comprising 61 sectional title apartments. These homes are all 2-bedroom properties with a choice of 1 or 2 bathrooms. All units will have a patio or balcony with a braai.

Brackenfell, the suburb within which this development falls, is an established area undergoing rapid expansion on its outskirts to cater for the huge demand of the middle-income community. The demand for 2-bedroom units in established, safe areas such as this is very high, catering to a broad market of owner-occupiers, investors and rentees. The complex will be access controlled with one entrance gate surrounded by walls with electric fencing.

The units will be more spacious than most 2 bedroom units in the area at 73 – 83sqm in size. The award winning Architects have created a very modern-looking product which will, aside from the size and practicality of the units, add enormously to the appeal of the complex.

Features

  1. Fibre access to all apartments
  2. 24hour CCTV security
  3. Covered parking
  4. Secure gated community
  5. Magnificient views of table mountain
  6. Access control vehicle gate
  7. Private park

  • Units available from R 1 399 900
  • Direct from the developer – Transfer & Bond costs included
  • R 30 000 reservation deposit
  • Up to 100% bonds available
  • High rental demand
  • Estimate rental income R 9 000pm
  • Gross yields 8.6%
  • Annual rent escalation 7%
  • Rental management service available

Send us a message to book a call with our agent.

Q Rental yield

UNIT TYPE 2 BEDROOM, 1 BATHROOM
SIZE / m2 73
PRICE R 1 399 900
RENTAL R 9 000
RENTAL YIELD 8.6%

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November, 2021

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  • Price Range R1 399 900