Monday, 15 May 2017 15:56

Asrin Property Developers launch Cedar Place development in grassy park

Written by
Rate this item
(1 Vote)

Mid-May sees Asrin Property Developers celebrating the launch of a new housing development in a prime central location in Grassy Park.

 Cedar_Place_Street_View

To be called Cedar Place, this apartment complex will have 98 units in all, which will consist of 14 studios and 84 two bedroom, one bathroom apartments in three and four storey walk-up blocks. Prices are very competitive and range from R499 900 and R659 900, and include VAT and transfer fees.  

“Whether you’re a first-time home buyer, a young family starting out, retired and looking to downscale, or a buy-to-let investor, this development offers all the convenience and luxuries that the southern suburbs has to offer,” says Rehana Moosa, Asrin’s marketing executive.

Selected ground floor apartments are particularly suited to young families as they have private enclosed gardens. 

Finishes and features in all apartments, as in all Asrin developments, are of superior quality – with granite countertops, ceramic tiles and laminated wood flooring, stainless steel ovens, hobs and extractor hoods, and anodised aluminium window and door frames.  All units will have solar panel water heating, which will help in keeping residents’ electricity bills low. In addition, all apartments are Wi-Fi and DStv enabled, which is slowly becoming the norm as demand for these facilities is high, said Moosa.

The complex will have refuse rooms, laundry drying yards, perimeter electric fencing and paved and landscaped public open areas.  There will be a guardhouse and the development will be made as secure as possible with full access control at the entrance/exit.  

Another plus here, is that one parking bay per unit is included in the price (many sectional title schemes charge extra for these or rent them out), and there is ample visitors’ parking allocated to the development.

As mentioned, this development is very centrally located, said Moosa. Fifth Avenue benefits from being on a public transport route and has numerous retail stores within easy walking distance.  It is also within close proximity to schools and a medical centre and is a five-minute drive from major retail chain stores.  

There is direct access from Fifth Avenue to the M5 highway, which will make commuters to Cape Town’s CBD fairly easy, but this area is also well located for those who work to the south as this goes against the traffic flow in peak times.  

“Whether buying to live in the unit or as an investor, there cannot be a ‘surer proposition’”, says Moosa, “as units in this price range are very difficult to come by.”

Last modified on Monday, 15 May 2017 16:10

Most Popular

Malcolm Horne has been appointed President of the South African Council of Shopping Centres

Jun 21, 2017
2017 SACSC President Malcom Horne
Group CEO of Broll Property Group, Malcolm Horne has been appointment President of the…

From building houses to building futures: It’s time to take affordable housing in SA to the next level

Jun 22, 2017
Leanne Govender
There can be no arguing against the fact that the provision of affordable housing is a…

Rebosis Property Fund CEO steps down and takes up Deputy Chairperson position

Jun 21, 2017
Sisa Ngebulana Rebosis
Rebosis herewith announces some key leadership changes to the CEO and Board that will…

Redefine Properties sells Delta stake to women-led BEE consortium

Jul 04, 2017
Phumzile Langeni
JSE-listed diversified real estate investment trust Redefine Properties has sold its…

Substantial development for Salt River's Brickfield Road

Jun 27, 2017
13 Brickfield
Pockets of Salt River, once a booming part of Cape Town due to its proximity to the CBD,…