Graceland – the timeless, elegant new development in Langeberg Ridge, Cape Town
Located in the heart of the northern suburbs, Graceland is conveniently situated a mere 600m from Okavango Crossing shopping centre, which includes a Virgin Active Red, Woolworths food and RocoMamas. It is also only 2km away from the Cape Gate Regional Mall. The Pinehurst shopping centre is also less than 2km away, north of Graceland, and there is a vibrant nightlife to be enjoyed, with hotspots such as Speakeasy and Dros. With easy access to the N1 highway, Graceland is also close to excellent private schools (Curro Durbanville and Meridian Private School), the Cape Gate Mediclinic and the Durbanville Golf Course.
Approximately 30km north of the CBD, the suburb of Langeberg Ridge falls within the beautiful valley that is home to the world-renowned Durbanville wine route – famed for its natural beauty.
INVEST IN
Graceland | Langeberg Ridge
Selling From
- All bond and transfer fees included*
- 100% bond financing available
- Rentals available from mid-2020
- 55% tax write-off through section 13sex SARS incentive
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Prime Location
In the heart of the suburb of Langeberg Ridge, Cape Town
Rental Income
Projected income of R108 000 per annum
No fees
Bond and transfer fees included
Area Overview
Location
Conveniently situated close to the Cape Gate Regional Mall and many other urban lifestyle and entertainment facilities as well as amenities, with easy access to N1 highway.
List of nearest Facilities and Activities
| Retail | Distance |
|---|---|
| Cape Gate Mall | 1,6 km |
| Cobble Walk Centre | 1,9 km |
| Pinehurst Pick `n Pay | 1,5 km |
| Okavango Shopping Centre | 600 m |
| Travel | Distance |
|---|---|
| Durbanville CBD | 4,4 km |
| N1 Highway | 3,2 km |
| Education | Distance |
|---|---|
| Curro Private School | 1,2 km |
| Meridian Primary Pinehurst | 1,5 km |
| Private Curro University | 4,4 km |
Durbanville gets its own university
Stadio, the JSE-listed investment holding company that focuses on investments in higher education institutions, is set to develop a new and comprehensive campus outside Cape Town at Phesantekraal in Durbanville after finalising a transaction for a site of 7.8 hectares.
The company – in a written statement – said it aims to start with this development by March 2019 and to have the campus up and running by February 2021. Stadio CEO Dr Chris van der Merwe said that the ultimate vision of Stadio is to create a multiversity for 100 000 students.
“We believe that there is ample room for expansion as 100 000 students will only be 5% of the total higher education market in South Africa.”
The new Phesantekraal campus coincides with the accreditation of Stadio’s first doctoral degree in Business Administration (DBA) with a further two doctoral degrees in the offing.
The company – in a written statement – said it aims to start with this development by March 2019 and to have the campus up and running by February 2021. Stadio CEO Dr Chris van der Merwe said that the ultimate vision of Stadio is to create a multiversity for 100 000 students.
“We believe that there is ample room for expansion as 100 000 students will only be 5% of the total higher education market in South Africa.”
The new Phesantekraal campus coincides with the accreditation of Stadio’s first doctoral degree in Business Administration (DBA) with a further two doctoral degrees in the offing.
Estate Benefits
Why invest in Graceland
Investment Benefits
- Transfer and bond fees included*
- Strong capital growth node
- High rental demand for apartments in this neighbourhood
- Up to 100% bond financing available on apartments
- Close to a variety of excellent schools
- Plenty of recreational amenities surrounding the area
- Interim interest on plot-and-plan incl on townhouses*
Comprehensive End-to-End Rental Management
- IGrow Rentals, our in-house rental managers
- Tenant vetting & placement
- Rental collection
- Ingoing & outgoing inspections
- Maintenance service available
Investment Overview
- 100% bond financing available at all the major banks through IGrow Homeloans
- Only pay first bond instalment on registration after occupation is tendered
- R35 000 reservation deposit on apartments required
- 10% of the erf price required as a deposit on townhouse units
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Projected annual income on apartments
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Apartments selling from
Map Overview
Estate Layout
Graceland - Investment Opportunity
Plans & Features
2 plan types to choose from. Simplex and
- Ground floor units R1 299 000
- First floor units R1 249 000
- Second floor units R1 199 000
- Spacious 2-bedroom apartments with one parking bay
- 180m² duplex and simplex houses with private gardens
- Projected rates & taxes R630 p/m
- Body corporate (levies) approx R1 200 p/m
- Transfer and bond fees included*
Projected annual rental income:
from R108 000
from R108 000
Property Features
- DStv point provided
- 2-bedroom, 1 full bathroom apartments
- 3-bedroom, 2-bathroom houses
- Security estate - access controlled
- Perimeter wall with electrified fencing
- White Ceasarstone counter tops
- Stainless steel oven, hob & extractor fan
- Tiled throughout
- Houses include a double garage
- Close to all amenities
- Pre-paid electricity meters
- Transfer and bond fees included*
More about Graceland
Graceland – the timeless, elegant new development in Langeberg Ridge, Cape Town offers the discerning investor exceptional returns and capital growth. Just like its namesake on Elvis Presley Boulevard in Memphis, Tennessee, the apartments and houses found in our local Graceland are sophisticated and stylish.
Amazing capital growth – stats show 100% capital appreciation over the past decade. According to the latest Lightstone report, the area in which Graceland is situated has enjoyed exceptional capital growth over the past 10 years – more than doubling in value during that period.
Estate Pictures
Gallery
Images in gallery are examples from a similar development completed by developer. Similar designs and internal specifications to be implemented subject to colour variant and availability of supplies.
Estate Information
Documents
Information and Plans about the Estate
Graceland Disclaimer
IGrow makes no warranties, whether express or implied, in regard to the Websites, their contents, accuracy or availability.
The information contained in this communication is based on research conducted by or supplied to IGrow. While every care is taken by IGrow to ensure accuracy, IGrow cannot warrant the correctness of this information.
*Bond and attorney fees paid by Seller only where appointed attorney attends to registration and transfer. 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.
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