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60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery
60 Bedroom Apartment Block For Sale in Ottery

60 Bedroom Apartment Block For Sale in Ottery

R40,000,000

30 Units StayMelville, 36 Melville Road, Ottery, Cape Town

Monthly Bond Repayment R412,875.35
Calculated over 20 years at 11.0% with no deposit.

Web Ref ORL29777

EXCLUSIVE INVESTMENT OPPORTUNITY - SECURE A BLOCK OF 30 TURNKEY UNITS FULLY TENANTED OR BRAND NEW!

30 UNITS - 10 GROUND FLOOR - 10 FIRST FLOOR - 10 SECOND FLOOR

Seize a unique opportunity in our next-gen Cape Town development
StayMelville is an exceptionally rare opportunity to acquire a desirable slice of Cape Town real estate at an affordable entry point. Whether you’re a first-time buyer, a young family looking for a better, more secure lifestyle, a downscaling couple or a seasoned investor, there’s a host of good reasons that make StayMelville an incredibly compelling proposition.

For starters, buying directly from the developers means you don’t pay transfer duty. On top of that, all legal and bond registration fees are included in the listed sales price. And of course, you are buying a brand-new apartment with no maintenance issues – and one that includes all major kitchen appliances thrown in!

There is also the fact that right now is historically the optimal time to buy in terms of the property cycle, with interest rates at a 34-year historical low, and banks keen to lend money to investors.
But best of all, at StayMelville you’re buying into an intelligently designed, resident-focused and eco-friendly estate that will lower the cost of ownership through solar power, energy-efficiency and water recycling measures.

These features will without any doubt significantly increase both the short-term rental income for investors and the long-term capital growth prospects for all owners… Especially as a work-from-home, low-commuting lifestyle becomes the new normal for many in a post-Covid society.

Where in Cape Town can you buy for under R24k per sqm and get:
Rental yields of at least 6,1%
Pre-tenanted and fully managed investment units available
Discounts on multi-unit purchases – talk to us for details
No transfer duty to pay
No bond registration costs
No transfer or legal fees

Grab a two-bed, two-bath home in Cape Town’s coolest, greenest, kid-friendliest estate!
StayMelville is changing the face of modern living in the Southern Suburbs of Cape Town. Conveniently located in the heart of suburban Ottery, this eco-friendly, integrated security estate is designed around three-storey residential blocks spread out over three hectares of generously landscaped gardens, courtyards and communal activity areas.

In total, there are 348 bright, spacious contemporary apartments in StayMelville, each consisting of two bedrooms and two bathrooms, a fully-fitted and fashionable kitchen, an open-plan living area, and an allocated parking bay.

Boasting landscaped gardens, multiple pocket parks, vegetable gardens, a water purification system, solar power and free, uncapped internet access, amongst a long list of amazing amenities, StayMelville also features state-of-the-art, round-the-clock, monitored perimeter security with biometric access.

At StayMelville you start with competitive pricing, and then enjoy massive lifestyle savings month-by-month. How much could you save a month from this list:
Free internet connection
Unlimited data included with your levy
Free gym – cancel that costly contract
And the petrol and parking to get there!
Discounted on-site crèche
Discounted on-site aftercare
Free, fibre-fired shared workspace

Grow your own veggies in prepared permaculture beds

Enjoy a safe, rewarding, healthy family lifestyle
When it comes to a rich, healthy and affordable lifestyle, StayMelville has set a standard that no other development in Cape Town can match. Our resident-centred approach is focused on creating and sustaining an exceptional quality of life for those who live here. Everything is centred around our vision to provide an integrated, affordable solution for families who want safety, security, good health, and a real sense of community.

So it’s not just about the benefits of waking up to spectacular mountain views and enjoying easy access to some of the best attractions that Cape Town has to offer. StayMelville has been deliberately designed to offer a range of facilities to cater for the needs of all age-groups.
It starts with the Community Centre, a dedicated building at the heart of the development, which includes:
A crèche and aftercare facility
A communal lounge with shared workspace with free WiFi
Laundry facilities
Event space of 75㎡ for meetings, parties, dance classes, etc.
Indoor gym

In addition, there are communal vegetable and herb gardens, multiple pocket parks for relaxation, over 200 fruit trees, and generous water-wise indigenous landscaping. There are also no fewer than nine large braai areas spread over the estate.

Just a few steps to your indoor or outdoor exercise area
Skipping the gym is less of an option when your workout is just a short walk from the couch … and with no exorbitant membership fees required! The added advantage of being able to go for a run or a workout within the safety and security of the estate means that all residents can live the lifestyle they dream of without ever having to worry about where or when to exercise.
Indoor gym
Outdoor gym
Two mini sports fields
1km running track
Numerous basketball training-courts

Save money – and the planet – in our eco-friendly estate
Perhaps the most ‘on trend’ aspect of StayMelville is that it has been designed as a green sanctuary for the families that live there. In fact, from the water-wise permaculture landscaping to the solar water heating system, it may well be the ‘greenest’ residential development in the whole of South Africa!

It’s an environmental wonderland, right down to the communal vegetable gardens where residents are encouraged to get to grips with nature and the cycle of life.
100% water recycling
Solar hot water
Refuse separation and recycling
Aquifer recharging system
Indigenous and water-wise landscaping
No exterior paints
Eco-friendly design and materials
Permaculture estate layout

Free uncapped WiFi for your all your online needs
Data is a currency and the cost of always being connected often takes a discouraging bite out of your monthly budget. At StayMelville, every apartment enjoys fibre-to-the-home with a pre-installed WiFi unit that delivers uncapped Internet – completely free of charge!

Numerous WiFi hotspots lay scattered throughout the estate, and the shared workspace in the Community Centre also has free WiFi. So whether you’re chilling in the courtyard, surfing at home or having a coffee in the communal lounge: you can always stay connected to the wonders of the world-wide-web.

Your peace of mind is always our top-of-mind priority
Residents’ safety is paramount, so the estate is protected by a state-of-the-art perimeter security system with double-gated, biometric-controlled access. 24/7/365 monitored
24-hour manned security and regular patrols
Double-gated security entrance
CCTV cameras with round-the-clock, off-site monitoring
Electric fencing protecting the perimeter
Ample secure parking
A dedicated armed response team

Get easy access to the best of Cape Town’s South Peninsula
StayMelville is just five minutes’ drive from the M5 highway, and is close to Ottery Road, the Ottery Shopping Centre, and several hospitals, clinics and schools.

The Ottery Shopping Centre has over 50 shops including major retailers, banks and essential service providers. Makro, a pharmacy, a garden nursery, major fast food outlets, China Town, and even the New Ottery Traffic Department, are also just around the corner.

This enviable location gives residents convenient access to some of the finest attractions of the South Peninsula, including the warm water beaches of Muizenberg, Kalk Bay and St James, and the green belt and mountain paths of the Constantia Valley.

Features

Pets Allowed No
Interior
Bedrooms 60
Bathrooms 60
Kitchen 30
Reception Rooms 30
Furnished No
Exterior
Security Yes
Parkings 30
Pool No
Extras Free internet connection; Unlimited data included with your levy; A crèche and aftercare facility; Laundry facilities; Indoor gym; Outdoor gym; Two mini sports fields; 1km running track; Numerous basketball training-courts; Solar hot water
-34.0231118, 18.5126697
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