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Conradie Park, Pinelands - a new state of the art community precinct
Studio, 1 and 2 bedroom apartments in Conradie Park – Cape Town’s new state of the art mixed-use development
Priced from R767 000
Forest Drive, Pinelands, Cape Town
Transfer and bond fees included – no transfer duty payable
CLASS, STYLE AND CONVENIENCE
We are proud to present the next highly anticipated residential block called Arch Rock to be built within the sought after lifestyle precinct, Conradie Park, Pinelands, Cape Town. Since successfully selling out Silvermine complex comprising of 80 apartments, we have been eager to launch the next phase. To be able to work from home as well as to be able to walk across to retail centres, coffee shops and restaurants, Arch Rock is a great investment for property purchasers. This exciting upmarket apartment block offers 169 units that cater to trendy colour schemes with a seamless interior design – perfect for both a homeowner or an investor looking to benefit from both a capital appreciating property and one yielding a good rental return simultaneously. Conradie Park offers the convenience of 3 on site creches, 2 affordable private schools, a dog day care centre, open pocket parks, a 5 km park run course, a business hotel and offices, medical consulting rooms, gym and a retirement centre with facilities. The unique precinct blends into the natural beauty of the longstanding and lush Pinelands suburb with easy access to major arterial roads, railway stations and the landmark business node of Mutual Park.
ALL IN ONE LIFESTYLE
DEVELOPMENT FEATURES
Featuring a state-of-the-art security system which includes biometric access control, full CCTV and a manned security. In addition, access to the development, Conradie Park, is constantly monitored by perimeter surveillance and license plate recognition cameras.
ALL IN ONE LIFESTYLE
A LIFESTYLE LIKE
NO OTHER
The goal, ultimately, is for Conradie Park to become a space where people can improve their lives, and the balance of price points available in the development provides opportunity for upward movement on the property ladder. It also allows Concor and the local government to build and sell affordable units, knowing that the business model gives them the support – and built-in sustainability – to do that.
Location
| Coming Soon | |
|---|---|
| My Citi Bus stop |
| Walking distance | |
|---|---|
| Metrorail services |
| Travel | |
|---|---|
| Cape Town International Airport | 12.3km |
| Education | |
|---|---|
| University Cape Town | 5.6km |
| Pinelands High School | 220m |
| Pinelands North Primary School | 1.3km |
| Creche and private schools | On-site |
| Medical | |
|---|---|
| Life Vincent Palotti Hospital | 3.2km |
| Tygerberg Hospital | 11.7km |
| Groote Schuur Hospital | 5.7km |
| Red Cross Childrens Hospital | 4.4km |
| Recreation & Shopping | |
|---|---|
| Century City | 9.5km |
| V & A Waterfront | 13.5km |
| Forest Walk Mall | On-site |
Investment benefits
- Occupation from beginning 2024
- Gross rental yields up to 10,64%
- Rental income projected from R6 800 to R8 300 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Deduct up to R794 750 against taxable income through Section 13sex tax incentives*
- Buy directly from the developer
- Tenant insurance offered - secure your rental income
- No transfer duty payable
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- 3% reservation deposit required (refundable should financing not be approved)
Apartment highlights
- Fibre installed to all units
- Built-in cupboards in bedrooms and kitchen
- Engineerd stone kitchen countertops
- Washing machine/dishwasher point in kitchen
- Vinyl flooring for low maintenance
- Clever site design with natural lighting
- Centralised, energy efficient, heatpump hot water system
- Hot and cold water meters installed to each apartment
- Pre-paid electricity meters to each apartment
- Modern sanitary finishes
- Basement Parking - As monthly rental or to purhase as optional extra
- Building insurance covered by levy
- Five year NHBRC warranty
- 6 store rooms available to purchase (Not sold seperately and only to owners of apartments)
Development features
- More than 3 000 properties upon completion
- Two affordable private schools & three creches
- Convenient retail centre & Sports field
- Medical facilities
- Doggy day-care
- Retirement Village with Frail Care facility
- Community centre with number of pocket parks
- Electrified perimeter fencing
- Biometric access controlled with LPR-cameras
- On public transport routes (Mutual Station and future MyCiti)
- High-demand rental area
- Ideal location with easy access to major freeways
Comprehensive end-to-end rental management services
- In-house rental agents and managers
- Tenant vetting and placement services
- Rental collection services
- Ingoing and outgoing inspection services
- Maintenance services available
- Rental insurance available - secure your rental income
Development Layout
Floor plans
Unit Plans
Bond and transfer fees included
Projected monthly levy – R894
Projected monthly rates – R222
Bond repayment @30yr, 7.75% – R5 495
Est. monthly shortfall – R -593
Projected rental income from R6800 p/m
Bond and transfer fees included
Projected monthly levy – R1 090
Projected monthly rates – R296
Bond repayment @30yr, 7.75% – R6 605
Est. monthly shortfall – R1 442
Projected rental income from R7 400 p/m
Priced from:
R1 193 000
2 Bedroom 1 Bathroom
Average unit size (excl. patio) – 44m²
Bond and transfer fees included
Projected monthly levy – R1 370
Projected monthly rates – R425
Bond repayment @30yr, 7.75% – R8 547
Est. monthly shortfall – R2 995
Projected rental income from R8 300 p/m
Gallery
All
Conradie Park
Location
Show House
- All
- Conradie Park
- Location
- Show House
Pricelist
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IGrow makes no warranties, whether expressed or implied, in regard to the email, contents, accuracy, financial projections and/or assumptions nor availability. The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information and the use thereof by the User. Attorney and bond fees for transfer paid by Seller only where appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable.
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If you are considering an investment or a lock-up-and-go lifestyle opportunity, this development is ideal with the perfect location. Contact us today to assist you in acquiring one of these investment units.
