Leading property company, Combined Developers, has launched Arnim loft-style luxury apartments in vibrant Brackenfell, one of Cape Town’s fastest developing suburban communities.
Brackenfell becoming one of the city’s most vibrant communities, says Leon Büter, of Synergy in Developments, agents for the development: “We thought outside the box with this development. First time buyers and investors are always looking to invest in apartments that offer more than the norm. Arnim Designer Apartments combine Cape Town’s opportunities with the Winelands’ leisure appeal. It will become a destination of choice for investors and young families attracted by the safe and convenient lifestyle.”
He continues that they wanted to offer a unique and highly competitive product. “Buyers will get exceptional value for money whilst investors can rest assured that potential tenants will prefer the fully fitted kitchen and modern bathroom to that of other apartments for sale or rent in the area.
Situated in the northern suburbs of Cape Town, Brackenfell has seen unprecedented growth over the past few years as well as an impressive rise in property prices. Not only does it boast a list of excellent schools including a Curro Pre-Primary and Intermediate School as well as Bastion High School, but it also offers a convenient array of shopping centres and well-maintained roads and green parks.
Marcel Hoogebeen, also of Synergy in Developments, adds that Brackenfell has seen an increase in first time home buyers over the last three years, which is usually a sign that it is on the up. “These are the people who initiate improvements and upgrades. When they move in, so do technology, modern shopping centres and improved public transport.”
The areas has just under 28 000 freeholds, sectional titles and sectional titles in estates. “Sixty eight per cent of buyers are in the high to middle income groups, with recent buyers between the ages of 18 and 35 making up 35% and those between 36 and 49 making up 42%,” Hoogebeen adds.
He continues that the price of apartments range between R899 000 and R1, 25 million, townhouses from R1 450 000 to R1 650 000 and freestanding homes from R2 million to R3 million. “Brackenfell has an average growth of 5 to 6% per annum. With Covid being something of the past, growth will increase to 8% as demand increases. We would’ve expected growth closer to 10%, but the increase in interest rates has had a negative effect. The value of transfers in the last year amounts to just under R85 million.”
Once completed, Arnim will offer 225 two bedroom units and 31 one bedroom units. Kitchens are fitted with an oven, hob and extractor fan. Each apartment also comes with Defy silver line appliances including a washer/dryer combo machine, dishwasher, fridge and microwave. The modern bathrooms feature a free standing bath. Prices range between R1 240 000 and R1 295 000, including all appliances and high-quality finishes. One bedroom units will become available later.
The design is unique in many ways. Says Hoogebeen: “The huge arched window with sliding door allows abundant natural light into the kitchen and open plan living area. The kitchen offers outstanding finishes with ample cupboards and designer light fittings throughout add to the luxurious appeal.” The development will offer 24-hour security, fibre connectivity, landscaped gardens, and a community clubhouse with braai areas and swimming pool. It will also be pet friendly.
Büter concludes that crime in South Africa forces people to think about safety and security when investing in a home. “Arnim will boast manned security and electrified fencing as a first line of defence. We want families to feel safe and kids to be able to play outside and enjoy the park areas. It’s ideal for first time buyers, including single moms, who can buy an affordable home without having to compromise on quality or secure living. You won’t find a better equipped apartment with luxurious interiors in this price range in the area.”
Read more about Arnim Apartments here.
GET IN TOUCH
https://arnimapartments.co.za/
Leon Büter on +27 82 887 7352
Marcel Hoogebeen on +27 82 808 3414,
