Another new development in Kenilworth cements growing investor confidence

A brand new investment opportunity in central Kenilworth is being launched by Greeff Properties, who have a sole mandate from developers Gavin Lay and Philip Nel of Newland Developments (Pty) Ltd. 81 Kenilworth Road is to be constructed on two neighbouring properties in Kenilworth Road. “The site location, zoning and the shortage of entry-level apartments in the Southern Suburbs make this development a particularly good choice, with units likely to sell rapidly," says Mike Greeff, CEO of Greeff Properties, an exclusive affiliate of Christie's International Real Estate. “Regeneration is engendering renewed business interest and growing property values in Kenilworth”, he adds.

Development features

Designed by architect Kim Johnson of The Love Factory, 81 Kenilworth Road will be a contemporary, classic style block with curtailed Georgian references that also features elements of exposed brick and neutral colours. 25 stylish one and two-bedroom apartments with one and two bathrooms respectively, have been designed to maximise space, lifestyle and functionality. Finishes include porcelain tiles and vinyl flooring, plus granite tops in the kitchen. Each apartment will boast a balcony too. There will be one secure off-street parking bay per bedroom, energy efficient water heating, a lift as well as Internet connectivity. The front entrance will have an electric vehicle gate, complete with intercom access to the pedestrian gate, while perimeter security will include a wall and electrified fencing.

Fantastic position

Conveniently situated in the heart of the Southern Suburbs and in the centre of the schooling catchment areas, 81 Kenilworth Road allows for easy access onto all major freeways connecting to Cape Town. “It’s close to public transport, a variety of restaurants, delis and coffee shops, as well as the buzz of Harfield. It is also a short distance from central Claremont and Cavendish Square, and the Jammie Shuttle route,” adds Greeff.

Property prices for 81 Kenilworth Road apartments

“Priced from R995 000 to R1 820 000 with no transfer duty, 81 Kenilworth Road is ideal for first-time buyers, elderly couples looking to scale down, investors, as well as parents seeking secure accommodation for studying children,” says Greeff. “These apartments are particularly well priced and astute investors are going to jump at the opportunity, as selling prices cannot but rise based on the high demand and a shortage of affordable, yet sophisticated accommodation in the prime Southern Suburbs,” he adds.

Estimated completion: End 2016.

For sale by Greeff Properties. 

Contact:
Morgan Morris 082 445 4293
Tim Greeff 083 642 4848
Michael Greenwood 076 070 5551