Pinelands

Cape Town

Priced from

R709 900

Gross ROI

Up to 11.03%%

Everything you would expect, and more....

Studio, 1, 2 & 3 bedroom apartments

Priced from R709 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

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
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
Howard Centre 600m

Investment benefits

Apartment highlights

Development features

Comprehensive end-to-end rental management services

Development Layout

Floor plans

  • GROUND FLOOR
  • FIRST FLOOR
  • SECOND FLOOR
  • THIRD FLOOR

Unit Plans

Investors or end-users will have a choice of two-bedroom apartments. More details can be found below.

  • Studio
  • 1 bedroom, 1 bathroom
  • 2 bedroom, 1 bathroom
  • 3 bedroom, 1 bathroom

Priced from:

R739 900

Studio Apartment

Unit size (excl. patio) – 28m²

Bond and transfer fees included
Projected monthly levy – R894
Projected monthly rates – R209
Bond repayment @30yr, 7.25% – R5047
Est. monthly shortfall – R -132
Projected rental income from R6800 p/m

Priced from:

R859 900

1 Bedroom, 1 bathroom apartment

Unit size (excl. patio) – 35m²

Bond and transfer fees included
Projected monthly levy – R1090
Projected monthly rates – R266
Bond repayment @30yr, 7.25% – R5866
Est. monthly shortfall – R -673
Projected rental income from R7400 p/m

Priced from:

R1 399 900

2 Bedroom, 1 bathroom apartment

Unit size (excl. patio) – 54m²

Bond and transfer fees included
Projected monthly levy – R1622
Projected monthly rates – R523
Bond repayment @30yr, 7.25% – R9550
Est. monthly shortfall – R -4349
Projected rental income from R8300 p/m

Priced from:

R1 549 900

3 Bedroom, 1 bathroom apartment

Unit size (excl. patio) – 57m²

Bond and transfer fees included
Projected monthly levy – R1790
Projected monthly rates – R594
Bond repayment @30yr, 7.25% – R10,573
Est. monthly shortfall – R -4726
Projected rental income from R9300 p/m

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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.

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