COMPANY PROFILE
with clubhouse and swimming pool for residents . The homes are all 2-bedroom units with a choice of 1 or 2 bathrooms . Many units will have a patio or balcony with a braai . The complex is located in an already built-up area , on an elevated site with desirable views offered from many units .
In addition , the development is in proximity to the Cape Gate regional shopping centre , the Cape Gate Medi-Clinic private hospital and large flagship amenities such as Virgin Active , Builders Warehouse and Makro . For the sporting enthusiasts it is a few short kilometers down the road from the Durbanville Golf Club and Durbanville Sports Complex . Notably , it is within walking distance of a range of amenities .
The properties are predominantly aimed at the middle-income sector sector with apartments falling within the R 1.3 – R 1.7 Million price range . This ensures the properties will be in the pricing category which is among the most popular and highly absorbable in the greater Cape Town area .
Market Analysis
The site of the development is very well located . Langeberg Ridge is a thriving , popular and safe residential area in the Northern Suburbs of Cape Town . The development is surrounded by houses and townhouses in what is an established , traditional area .
31 APRIL / MAY 2023 SA Real Estate Investor Magazine