First phase of new development launched in Cravenby Estate

First phase of new development launched in Cravenby Estate

An artist’s impression of The Topaz, phase one of Asrin Property Developers’ Gemstone Estate development in Cravenby Estate.

Asrin Property Developers recently launched a new housing development in a prime central location in the northern suburbs of Cape Town.

The Topaz, phase one of Gemstone Estate in Cravenby Estate, Parow, will have 42 apartments with two bedrooms and one bathroom in three storey walk-ups. Prices start from R689 000 including VAT and transfer fees. The apartments will range in size from 47m2to 56m2.

“Whether you’re a first-time home buyer, a young family starting out, retired and looking to downscale, or a buy-to-let investor, this development offers all the convenience and luxuries that the northern suburbs has to offer,” says Rehana Moosa, Asrin’s marketing executive.

“Several ground floor apartments are particularly suited to young families as they have private enclosed gardens.”

Finishes and features include engineered stone counter tops, ceramic tiles and laminated flooring, ovens, hobs and extractor hoods, and anodised aluminium windows and sliding doors. All units will have solar panel water heating, which will help keep electricity bills low. In addition, all apartments are Wi-Fi and DStv enabled, which is slowly becoming the norm as demand for these facilities is high, says Moosa.

The Topaz will have perimeter electric fencing, laundry drying yards, a refuse room, paved and landscaped public open areas. There will be a guardhouse and the development will be made as secure as possible with full access control at the entrance.

“A welcome addition is that one parking bay a unit is included in the price, whereas many sectional title schemes charge extra for these or rent them out, and there is adequate visitors’ parking.”

The development is in Cravenby Estate just off the N2, and directly opposite Avonwood Square shopping centre. Gemstone Estate is close to Cape Town International Airport, Sanlam Shopping Centre and N1 City, Tygerberg Hospital and public transport.

“With its proximity to the University of the Western Cape, CPUT, North Link Belhar and Stellenbosch University’s dental and medical faculties at Tygerberg, Gemstone Estate is an ideal location for professionals looking for secure, superior accommodation.

“Units in this price range are difficult to come by,” says Moosa, “and an investment in a unit at The Topaz is sure to see steady capital growth in years to come.”

Call Rehana Moosa on 021 713 3012 or email