Everything you would expect, and more....
Studio, one and two bedroom apartments
Priced from R668 900
Forest Drive Service Road, Pinelands, Cape Town
Transfer and bond fees included – no transfer duty payable
ABOUT CONRADIE PARK
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.
Conradie Park is a new mixed-income, mixed-use housing development in Cape Town. The R3-billion, 22-hectare development – a partnership between developers Concor and the Western Cape Government – comprises more than 3 500 homes. It’s located near main arterial routes and the Mutual and Thornton railway stations in Pinelands, a Cape Town suburb best known for Mutual Park, the enormous local headquarters of Old Mutual.
With plans for numerous businesses, two affordable private schools, three crèches’, an aspirational convenient retail centre, business hotel, medical facilities, doggy day-care, town square & community centre a number of pocket-parks and a 22,000m2 linear park with its Saturday morning “Park Run” already plotted, the development is being touted as an ‘affordable, sustainable, self-contained town for the future!’
We cater for all income and age groups, embracing all stages of one’s life cycle, from infancy, ensuring an opportunity to safe, forward thinking, innovative and affordable education to job opportunities both onsite and within the nearby areas and close to the Cape Town CBD, to secure retirement opportunities within a sustainable green urban park with the necessary medical and frail care facilities.
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
Investment benefits
- Occupation from end 2022
- Gross rental yields up to 11,66%
- Rental income projected from R6 500 to R8 300 per month
- Bond and transfer fees included
- Up to 100% bond financing available
- Deduct up to R852 445 against taxable income 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 counter tops
- 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
- No allocated parking bays - ample provision made
- Building insurance covered by levy
- Five year NHBRC warranty
- Ready for occupation end 2022
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
Investors or end-users will have a choice of two-bedroom apartments. More details can be found below.
Gallery
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.