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Make the Right MOVE

Category Investing

If you want to move forward in life by becoming a property owner in the

Western Cape, or if you want to expand your investment property portfolio,

make the right move by considering MSP’s Buh-Rein Estate development in

Cape Town’s Northern Suburbs.

With investment options ranging from one-to three-bedroomed apartments

and duplex townhouses, the Buh-Rein Estate development has expanded

considerably since its launch in February 2011 to achieve its status as stand-

alone suburb.

Commenting on this sought-after housing development in Cape Town, MSP’s

Operations Director David Britz says: “As a new lifestyle estate, Buh-Rein

realised the balance between strategically placed utilities and environmental

considerations from the word go. This multi-faceted estate encompasses 87

hectares and already offers 1 541 completed properties with another 233

currently under construction.”

David reckons Buh-Rein Estate is a sound property move for new homebuyers

and investors. “Buying a new property directly from MSP means the purchase

price includes VAT and buyers don’t have to pay transfer duty. Quoted home

prices also include transfer and bond registration costs.”

Buying to let offers a compelling proposition for investors. David explains:

“Statistics recently released in the TPN’s Rental Monitor for the Residential

Sector in the third quarter of 2016, cites that 84,01% of tenants were in good

standing for this period. Rentals of between R7 000 to R12 000 per month,

which falls right within Buh-Rein’s apartment market, remain the best

performing rental category with 88.37% of tenants in good standing. The

payment performance of tenants were weaker at both the top and bottom

ends of the market.

“In terms of payment performance by region, investors in the Western Cape

are again best off, managing to achieve the highest provincial average rent of

R7,463 per month,” explains David. “In addition, the risk remains lower in the

Western Cape with 89,64% of tenants maintaining their good standing. The

rent achieved has also enjoyed a double-digit escalation of 13.15% in the

province,” concludes David.

Options available in Buh-Rein Estate

Chandelle is priced from R809,900 for a luxurious 54m² apartment. A public

open space on the west and a multi-purpose sport field on the northern side

border these trendy apartments. Featuring luxurious finishes, tiled throughout

with granite kitchen tops, a fully fitted kitchen, a balcony with built-in braai,

built-in bedroom cupboards and a parking bay, your move to any one of

Chandelle’s 147 apartments will not only be an affordable move, but also a

superb investment.

A bigger budget can see you move into an apartment in Langley Hills, where

your investment from R949,900 affords you a two-bedroomed apartment of

65m², with a covered parking bay, patio with built-in braai, built-in cupboards,

granite counter tops and tiled throughout. Offering a selection of 60

apartments, Langley Hills’ contemporary design and prime location offers

spectacular views of the Boland Mountain range.

If you enjoy the freedom to move up, Libertas has a total of 120 apartments,

selling from R979,900 for a 60m² apartment. Features include carports, laundry

areas with built-in cupboards, granite counter tops, en-suite bathrooms, tiles

throughout, patios with built-in braais and access control. Certain ground floor

apartments also offers exclusive use garden areas. The contemporary designed

apartments move you up a notch with high-class finishes and unsurpassed

views.

For those who want to cherry pick their move to privacy within a gated

residential development, Sable Ridge duplex townhouses offer a choice of 53

exclusive residential homes. From R1,549,900 for a 142m² apartment up to a

194m² home priced up to R2,149,900, these duplexes feature three bedrooms,

garaging, patios, built-in indoor braais, built-in cupboards, granite kitchen tops

and a main bedroom en suite.

When you decide to make your move to Buh-Rein Estate, you will not only

enjoy the manicured landscaped areas but a truly luxurious lifestyle and real

tranquillity with all the amenities you need, on your doorstep. Make your

move to find your dream home today.

Author: Multi Spectrum Property

Submitted 17 Feb 17 / Views 2215