Construction has begun on Asrin Property Developers' 98-unit Cedar Place development in Grassy Park in Cape Town. Handovers are expected to begin on 31 October 2018.
Since the release of the development to the market in May, 80% of the units have been sold and Asrin anticipates that the remainder will be sold soon, says project manager Ali Mohamed. The quick take-up could be due to a huge demand for reasonably priced homes in the southern suburbs and the fact that this development is very centrally located, he said.
Cedar Place is sited on Fifth Avenue, Grassy Park, which benefits from being on a public transport route and has numerous retail stores within walking distance. It is also within close proximity to schools and a medical centre, and is a five-minute drive from major retail chain stores.
All the units in Cedar Place have granite countertops, ceramic tiles and laminated wood flooring, stainless steel ovens, hobs and extractor hoods, and anodised aluminium windows and sliding doors. Units will have solar panel water heating, and all apartments are Wi-Fi and DStv-enabled. The complex will have a refuse room, laundry drying yards, perimeter electric fencing and paved and landscaped open areas. There will be a guardhouse and the development will have full access control at the entrance and exit.
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