Asrin Property Developers launch Cedar Place development in grassy park

Posted On Monday, 15 May 2017 15:56 Published 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

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani_City_Locality_Layout
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
Carl_Coetzee_BetterBond_CEO
If the past year has taught us anything, it is how important our homes have become to us.

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Kent_Exterior
Such is the consistent high demand for centrally located, well-priced residential…

Optimistic budget masks a number of key risks

Feb 25, 2021
Maarten_Ackerman_Chief_Economist_and_Advisory_Citadel
Finance Minister Tito Mboweni’s budget has been received very positively, as demonstrated…

Relief at no increase in personal tax, says Dr Andrew Golding

Feb 25, 2021
Andrew_Golding_Golding_PropertyGroup
Relief at no increase in personal tax, says Dr Andrew Golding, chief executive of the Pam…

Please publish modules in offcanvas position.