Kleijne Wingerd is set in the fastest-growing node of Kuils River. It’s accessed via the popular Die Wingerd Estate. This Cape Vernacular-inspired development has a variety of secure apartments to choose from in a pet-friendly environment that has been meticulously designed to integrate green grass areas.
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With its location in the booming Kuils River node, Kleijne Wingerd is expected to experience substantial capital appreciation for property investors. In addition to 24-hour security for peace of mind, the development will house a communal pool, clubhouse, and braai facilities to create a neighbourly spirit.
Similan is the developer on this project. In total, there will be 171 properties on completion. Each apartment comes with a secure parking bay while ample visitor’s parking is available.
Various apartments, which include balconies, will enjoy views of Table Mountain from a distance. In the opposite direction, world-renowned wine farms in the Stellenbosch area, are a mere minutes’ drive from this development. Travelling to and from the Cape Town CBD or Somerset West is also seamless with easy access to major freeways.
In the locale
Within the area, the prestigious Zevenwacht Estate is less than two kilometers away, while the Langverwacht Plein hosts a selection of retail giants within walking distance. Kuils River also boasts numerous primary and secondary schools, making this an ideal address for families and young professionals.
Kuils River area is expected to experience significant future commercial growth. Coca-Cola and Nampak are just two companies that have established distribution centres in the greater area.
While the neighbouring Bellville area also plays host to several conveniently located amenities, such as the Tygervalley shopping centre and the University of Stellenbosch Business School, the ever-popular Brackengate Business Park is also close by.
Kleijne Wingerd investment benefits
- Gross rental yield up to 8.98%
- Projected rental income from R96 000 per year for the one bedroom apartments
- Projected rental income from R117 600 per year for the two bedroom apartments
- Projected rental income from R150 000 per year for the three bedroom apartments
- Ready for occupation
- Up to R30 000 rental assist to investors
- Up to 100% bond financing available
- Transfer and bond fees included (Save up to R111 000 in fees)
- Only R10 000 reservation deposit required (Refundable should financing not be approved)
- No transfer duty payable
- Building insurance and external maintenance covered by levy
- Property tax strategies offered by IGrow Chartered Accountants
- Company & trust advice and setup through IGrow Trusts
- Buy directly from the developer
To find out more, see here.
About Similan
Similan is a leading residential property development and project management company dedicated to creating homes for every stage of life. Known for award-winning projects, they focus on sustainable developments for the emerging middle-class market, redefining urban living through innovative design. Read more about their Newinbosch development. Similan manages the entire property lifecycle, from land acquisition to development and sales, and collaborates with partners such as Staylonger for property sales and rental management.
