Where is the development located?
Corner of Braeside Road & 299 Main Road, Kenilworth Upper.
How many residences are available for sale?
33 sectional title residences are for sale.
What type of residences are available at Braeside Estate?
2 unique heritage garden cottages, 6 garden apartments, and 3 penthouses with magnificent mountain views. Braeside Estate offers a mixture of two-bedroom and three-bedroom apartment options.
What communal facilities are available at Braeside Estate?
Braeside Estate offers landscaped communal gardens, with seating to enjoy your surroundings, as well as a communal pool and braai facility on the ground floor.
What are the expected completion and move-in dates?
Completion and transfer is anticipated for Q1 2027.
Are there levies?
Yes. Levies are payable monthly, ranging from R2,000 – R4,000 / month, depending on the apartment selection.
Are pets allowed?
Yes – as approved by the Body Corporate.
How do I go about purchasing my unit of choice?
To purchase your unit of choice, please follow these steps:
- View Unit: Browse through the available units and view the detailed floor plans and sales cards for each option.
- Contact Our Sales Agents: Reach out to our sales agents who will guide you through the purchasing process and answer any questions you may have.
- Secure Your Unit: Once you’ve selected your preferred unit, our agents will assist you in securing it and provide all the necessary details to finalise your purchase.
Feel free to contact them directly for more information or to schedule a viewing
Who retains the interest on funds held by conveyancers?
All monies paid in respect of the purchase will be invested in the conveyancer’s trust account and all interest earned on the money will accrue to the purchaser until the transfer date.
Who are the conveyancers?
Darren Brander at STBB Cape Town.
What deposit is required?
For a bonded purchase, a 10% deposit is required after full signature of the agreement, with the balance of the purchase price to be secured by a bond within 35 days from signature of the agreement. Alternatively, you may structure the deal as a cash purchase, and pay a 30% deposit, with the balance prior to lodgement.
What are the transfer, VAT and any other costs to consider when I purchase my unit of choice?
There is no transfer duty as this is a developer sale and therefore the purchase price is inclusive of VAT. There will be transfer and bond (if applicable) costs that will be due to the attorneys. Should you wish to obtain an estimate of these costs, feel free to reach out to us and we can arrange a quote for you.
Can I rent out my unit?
Yes, there are no restrictions on renting out your unit. Horizon Capital Residential offers both long-term and short-term residential property management services. Please feel free to get in touch with us for more information.
What other monthly costs must be considered other than my levy?
Rates and utilities.
What are the expected rates and taxes billed on the different unit types?
Monthly rates and taxes are estimated to range from R1,400 to R2,700 based on the current City of Cape Town Rates Factor (2024/2025). Monthly rates and taxes for the Penthouses are estimated to range from R2,200 to R4,050.
How are water, electricity and other services billed?
Each apartment has a hot and cold water meter, with an owner being billed based on usage on their levy statement once a month. The electricity is a pre-paid meter.
What is included in the monthly levy?
The monthly levy includes the security, common area cleaning, swimming pool maintenance, managing agent fees, general maintenance of the common areas, lift servicing, building insurance, landscaping maintenance, common area electricity and water charges and all other expenses related to the scheme.
What security is in place and how does it work?
Braeside Estate has secure parking for every apartment, CCTV, access control, and electric fencing. Most notably, there is a manned gatehouse at the entrance to the estate.
Is there secure parking available?
Apartments at Braeside Estate are all allocated at least one secure parking bay, which is included in the purchase price. Certain apartments have been allocated an additional bay or garage. There are limited additional parking bays to purchase – please enquire with one of our sales agents regarding this. There are also four visitors’ bays.
Is there fibre?
Every apartment is fibre-ready at completion. Sign up with your preferred service provider upon occupation.
Who can assist me with getting a bond?
We have a recommended bond origination company, BetterBond, who can assist you with your bond application. BetterBond is able to send your bond application to each of the commercial banks to ensure that you obtain the most competitive interest rate and their service is of no charge.