Die Bos, Strand Flat / Apartment for sale / to buy

Resale R11000 below developer's price! Die Bos, Strand, Western Cape, South Africa

Price: R429,000

A resale apartment in Soteria - a brand new gated village in the Strand. It is selling for R11 000 below the present developer's price! DO NOT MISS THIS ONE...... It is the first of its kind with a fulltime creche on the premises - adding a special touch. It also have a swimming pool / barbecue area, 2 laundries & 4 drying yards. The public spaces & facilities for the children is unequelled in this price range - possibly in the whole province! Capital Growth since the first phase has been : Selling prices : Launched prices Growth : Blocks 1 - 9 Dec ‘04 R325,000 - R335,000 Blocks 10 - 12 Dec ‘05 R390,000 – R400,000 = 19 – 20% Blocks 13 & 14 Jan ‘07 R440 000 – R450,000 = 12.5 – 13% Final Phase Blocks 13 and Blocks 14 each have 24 units in a block & is selling from R440 000. Die Bos : Suburb Information The residential area Die Bos was originally the farm Onverwacht which was sold off in 1990 for residential development and renamed Die Bos. This suburb is conveniently close (2kms) to the beach and all major routes via its southern border – Broadway Boulevard. Its northern border is the future N2 toll road, its Western border the railway line & its eastern border the new Checkers Shopping Center on Broadway Boulevard. Die Bos/Onverwacht has had several gated village developments, which has contributed, to the suburb growing into one of the most affordable residential areas in the Strand – an area where you can still buy a fairly large house for less than R1,2 million. This area has the biggest concentration of sectional title apartment blocks & own title gated villages. Starting prices for 1 bedroom apartments from 29 sq.m is about R310 000 & 46 sq.m 2-bedroom units is R400 000. The own title townhouses in the gated village starts @ R540 000 for a 2-bedroom unit & from R590 000 for a 3-bedroom unit. This is the last vacant area for development in the Strand & has seen the tremendous growth during the last 2 years. Townhouses not within security complexes starts @ R540 000, whilst houses starts @ R800 000 up to R 1,2 million. Educational facilities : Strand High is about 2 kms from Die Bos, whilst Lochnerhof Primary (2 kms) and Hendrik Louw Primary (4 kms) is also very close. The Soteria complex has a fulltime crèche. Sport Facilities : The Charles Morkel sport complex is about 1 km from Die Bos. The Virgin Active (5kms), Strand Golf Club (4kms). Commercial Facilities : New Shoprite Shopping Centre & a Caltex garage with a 24 hrs shop just opened its doors on the eastern side of Die Bos, whilst the Twin Palms Shopping Centre is situated along its southern side (on Broadway Boulevard). The Somerset Mall (regional shopping centre) is about 6 kms from Die Bos. Strand Background Information General : The Strand offers you the convenience of city-like amenities & a world-class beach area - without losing its small town characteristics. Located in the Helderberg basin, it is within 20 minutes of Cape Town International airport & 45 minutes from Cape Town's CBD. Within a radius of 10 kilometers, you will find a Regional Shopping Centre, a variety of sports facilities including 2 golf courses, choice of secondary and primary schools, top medical facilities with all national financial & commercial institutions represented. Property Market : Properties in the Strand varies between entry level apartments of +- R300 000 to beachfront penthouses of more than R10 million. The biggest property growth points as of late has been the choice of new developments on Beach Road which is springing up - raising comparatives with Monte Carlo. Limitation on development ground bodes well in the long term for any property investment in the Strand. Capital growth rates achieved in the Strand during the 2004/2005 upswing in the South African property market, surpassed the national average rate of 23% by far...... Entry level units started in 2003 @ R90 000 for a 30sq.m 1-bedroom apartment - selling at present from R310000. That is a growth of 244% in 3,5 years or about 70% per year! Beach front apartments were selling in 2003 from about R6000 per sq.m to about R9000 per sq.m. Finding any beachfront property for less than R12 000 per sq.m is at present problematic. New developments has already been selling during the last 18 months for between R18 000 and R30 000 per sq.m - depending on its finishes and the units location in the apartment block. The own title neighborhoods have of late seen a surge in renovations with owners adding value to their properties - fuelled by the price hikes experienced in the town. The more sought after suburbs such as Strand North, has experienced capital growth rates since 2003 of about 150 % (43% p.a.) - with the average house price raising from R450 000 to about R1,1 million. Affordability has during the last year became a problem in the Strand market, creating a "roll-over effect" of potential buyers to less expensive areas such a Kuilsrivier, Brackenfell and even Grabouw. The adjacent Gordons Bay has experience very similar capital growth rates than the Strand. Future growth points in the Strand property market is the so-called AECI development node across from the Somerset Mall. This will be the last land available for development - eagerly awaited by investors. Soteria Building Specifications : General •Materials used will be of standard quality, readily available from local suppliers. •All building work to comply with SABS 0400 & MODEL PREAMBLES FOR TRADES. Brickwork •External brickwork to be 230mm cavity with cement maxi brick construction as per contractor’s choice. • Internal brickwork to be cement maxi brick construction as per contractor’s choice. Concrete •Pre-cast concrete slab system. Windows •All windows to be brown epoxy coated aluminum. Glazing to AAAMSA specification. •Obscure glass to bathrooms 4mm. Doorframes •External doorframes to be varnished meranti and internal frames to be galvanized pressed metal primed for painting. •Sliding doors to be brown epoxy coated aluminum. Doors Internal doors to be hollow core construction painted with gloss enamel. •Front door to be a varnished solid hardwood door. Roof •Concrete tiles to go on “gangnail” or similar trusses. •Facias and barge boards to be 12 mm fibre cement. •Extruded aluminium gutters and PVC downpipes. Ceiling •Gypsum board ceiling on second floor, with normal painted concrete ceiling on ground and first floor. Floor Covering •Carpeting to living rooms and bedrooms with varnished 70 x 19 mm timber skirting. Carpets to be chosen from developer’s standard range. •Floor tiles in kitchen and bathrooms. •Terracotta tiles on the balconies. Patio on ground floor and entrance area to be brick paved. •Walkways and stairs to be tiled with terracotta tiles. Plastering •Wood floated plaster externally. • Internally one coat plaster with steel trowelled finish • Internal cills to be plastered. Wall Tiling • 1.2 m high tiling to bathroom walls. • 2 m high tiling to shower walls. • 450 mm high splashback tiling in kitchen above countertops. Plumbing and Drain Laying • 1 x 150 litres high pressurized hot water cylinder in geyser cupboard. • Hot and cold connection for washing machine. Ironmongery • 3 Lever “ESCO” or similar lock to front door with brass lever handles and 2 lever locks elsewhere with chrome plated lever handles. Kitchen and Cupboards • Kitchen cupboards to be white Melamine • Optional top cupboards to be white Melamine to match kitchen cupboards. • Bedroom cupboards to be white Melamine on both sides. • Geyser cupboard door to be white Melamine. Sanitary Fittings • 1.7 m White acrylic bath • Acrylic wash hand basin with pedestal under. • Semi-close couple white W.C. suite. • All sanitary ware to be white and taps to be Isca Alphi range or similar. Electrical • Refer to pro forma drawings (Annexure C). Painting • White PVA to walls and ceilings internally. • Gloss enamel to internal doors and frames. • Entrance door and frames painted with gloss enamel. The following items are included: • 600 mm Samet or similar hob and oven • Shower door (Trimatic) • Toilet roll- and soap holders. • Towel rails • Postbox and unit number. General Information About Soteria : Developer • Johan van den Berg • Previous developments: Kuriake on Beach Road Strand Name Soteria (Greek word meaning “redemption” – name chosen to honour God similar to Kuriake meaning God’s property or “die Here s’n). Description • 344 Apartments in 15 Blocks – developed in 5 phases. Location 3.6 Hectare site just off Boundary Boulevard behind Chianti Height (under construction) in Strand. Parking 216 Open parking bays and 54 lock-up garages Other building work • Gate house & refuse room at entrance; • 4 Drying yards and 2 laundries; • Swimming pool and braai area; and • Landscaping General information Target market for this development: • The proposed development will satisfy the needs of the entry level buyers in Strand seeking affordable apartments in a secure environment. It will also cater for the retired people seeking a “lock up and go” apartment. What makes this development unique? • All the apartments will have a balcony, built-in cupboards in all bedrooms and a bath with separate shower in bathrooms. • Also applied for a Day-care centre (the developer's wife suggestion to accommodate parents with babies and pre-school kids) Why buy in Soteria? • Good quality apartments in a secure and attractive environment will provide graceful living for the new owners. It will also be a good investment (similar to Kuriake) when the owners outgrow the apartments. The developer's wish for Soteria: • “I want to build a relationship with the residents and trust the buyers will actually live in the apartments.” Consultants 2 Bond originators appointed to assist Agents: Multi-Net Mortgages & Wizard •Architect: Axion Architects • Attorney: Buchanan Boyes Smith Tabata • Engineers: Ekcon (Civil infrastructure) & MAC Engineers (Electrical infrastructure).

Property Facilities Die Bos, Strand property

◊ Bedrooms: 2◊ Bathrooms: 1

◊ Security◊ Living room◊ Swimming pool◊ Kitchen◊ Garden

Contact Details Die Bos, Strand property

Benhard Wiese Tel: 084 611 2293 to e-mail this agent   More properties by: Benhard Wiese   View all properties by: Cape Coastal Homes

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