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K-Block StayMelville, 36 Melville, Ottery, Southern Suburbs, Western Cape
R 40 000 000
EXCLUSIVE INVESTMENT OPPORTUNITY - SECURE A BLOCK OF 30 TURNKEY UNITS FULLY TENANTED OR BRAND NEW! 30 UNITS - 10 GROUND FLOOR - 10 FIRST FLOOR - 10 SECOND FLOOR2Bedroom 2BathroomSeize a unique opportunity in our next-gen Cape Town developmentStayMelville is an exceptionally rare opportunity to acquire a desirable slice of Cape Town real estate at an affordable entry point. Whether youre a first-time buyer, a young family looking for a better, more secure lifestyle, a downscaling couple or a seasoned investor, theres a host of good reasons that make StayMelville an incredibly compelling proposition.For starters, buying directly from the developers means you dont pay transfer duty. On top of that, all legal and bond registration fees are included in the listed sales price. And of course, you are buying a brand-new apartment with no maintenance issues and one that includes all major kitchen appliances thrown in!There is also the fact that right now is historically the optimal time to buy in terms of the property cycle, with interest rates at a 34-year historical low, and banks keen to lend money to investors.But best of all, at StayMelville youre buying into an intelligently designed, resident-focused and eco-friendly estate that will lower the cost of ownership through solar power, energy-efficiency and water recycling measures.These features will without any doubt significantly increase both the short-term rental income for investors and the long-term capital growth prospects for all owners... Especially as a work-from-home, low-commuting lifestyle becomes the new normal for many in a post-Covid society.Where in Cape Town can you buy for under R24k per sqm and get:Rental yields of at least 8 to 9.5%Pre-tenanted and fully managed investment units availableDiscounts on multi-unit purchases talk to us for detailsNo transfer duty to payNo bond registration costsNo transfer or legal feesGrab a two-bed, two-bath home in Cape Towns coolest, greenest, kid-friendliest estate!StayMelville is changing the face of modern living in the Southern Suburbs of Cape Town. Conveniently located in the heart of suburban Ottery, this eco-friendly, integrated security estate is designed around three-storey residential blocks spread out over three hectares of generously landscaped gardens, courtyards and communal activity areas.In total, there are 348 bright, spacious contemporary apartments in StayMelville, each consisting of two bedrooms and two bathrooms, a fully-fitted and fashionable kitchen, an open-plan living area, and an allocated parking bay.Boasting landscaped gardens, multiple pocket parks, vegetable gardens, a water purification system, solar power and free, uncapped internet access, amongst a long list of amazing amenities, StayMelville also features state-of-the-art, round-the-clock, monitored perimeter security with biometric access.At StayMelville you start with competitive pricing, and then enjoy massive lifestyle savings month-by-month. How much could you save a month from this list:Free internet connectionUnlimited data included with your levyFree gym cancel that costly contractAnd the petrol and parking to get there!Discounted on-site crecheDiscounted on-site aftercareFree, fibre-fired shared workspaceGrow your own veggies in prepared permaculture bedsEnjoy a safe, rewarding, healthy family lifestyleWhen it comes to a rich, healthy and affordable lifestyle, StayMelville has set a standard that no other development in Cape Town can match. Our resident-centred approach is focused on creating and sustaining an exceptional quality of life for those who live here. Everything is centred around our vision to provide an integrated, affordable solution for families who want safety, security, good health, and a real sense of community.So its not just about the benefits of waking up to spectacular mountain views and enjoying easy access to some of the best attractions that Cape Town has to offer. StayMelville has been deliberately designed to offer a range of facilities to cater for the needs of all age-groups.It starts with the Community Centre, a dedicated building at the heart of the development, which includes:A creche and aftercare facilityA communal lounge with shared workspace with free WiFiLaundry facilitiesEvent space of 75m2 for meetings, parties, dance classes, etc.Indoor gymIn addition, there are communal vegetable and herb gardens, multiple pocket parks for relaxation, over 200 fruit trees, and generous water-wise indigenous landscaping. There are also no fewer than nine large braai areas spread over the estate.Just a few steps to your indoor or outdoor exercise areaSkipping the gym is less of an option when your workout is just a short walk from the couch ... and with no exorbitant membership fees required! The added advantage of being able to go for a run or a workout within the safety and security of the estate means that all residents can live the lifestyle they dream of without ever having to worry about where or when to exercise.Indoor gymOutdoor gymTwo mini sports fields1km running trackNumerous basketball training-courtsSave money and the planet in our eco-friendly estatePerhaps the most on trend aspect of StayMelville is that it has been designed as a green sanctuary for the families that live there. In fact, from the water-wise permaculture landscaping to the solar water heating system, it may well be the greenest residential development in the whole of South Africa!Its an environmental wonderland, right down to the communal vegetable gardens where residents are encouraged to get to grips with nature and the cycle of life.100% water recyclingSolar hot waterRefuse separation and recyclingAquifer recharging systemIndigenous and water-wise landscapingNo exterior paintsEco-friendly design and materialsPermaculture estate layoutFree uncapped WiFi for your all your online needsData is a currency and the cost of always being connected often takes a discouraging bite out of your monthly budget. At StayMelville, every apartment enjoys fibre-to-the-home with a pre-installed WiFi unit that delivers uncapped Internet completely free of charge!Numerous WiFi hotspots lay scattered throughout the estate, and the shared workspace in the Community Centre also has free WiFi. So whether youre chilling in the courtyard, surfing at home or having a coffee in the communal lounge: you can always stay connected to the wonders of the world-wide-web.Your peace of mind is always our top-of-mind priorityResidents safety is paramount, so the estate is protected by a state-of-the-art perimeter security system with double-gated, biometric-controlled access. 24/7/365 monitored24-hour manned security and regular patrolsDouble-gated security entranceCCTV cameras with round-the-clock, off-site monitoringElectric fencing protecting the perimeterAmple secure parkingA dedicated armed response teamGet easy access to the best of Cape Towns South PeninsulaStayMelville is just five minutes drive from the M5 highway, and is close to Ottery Road, the Ottery Shopping Centre, and several hospitals, clinics and schools.The Ottery Shopping Centre has over 50 shops including major retailers, banks and essential service providers. Makro, a pharmacy, a garden nursery, major fast food outlets, China Town, and even the New Ottery Traffic Department, are also just around the corner.This enviable location gives residents convenient access to some of the finest attractions of the South Peninsula, including the warm water beaches of Muizenberg, Kalk Bay and St James, and the green belt and mountain paths of the Constantia Valley. Show more Show less
Estimated monthly repayment
R 377 732
on a R 36 000 000 bond over 20 years at 11.25%
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K-Block StayMelville, 36 Melville, Ottery, Southern Suburbs, Western Cape
Listed by
Francois Pretorius
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