Moving is stressful, and moving with babies and toddlers in tow even more so. Young couples looking to raise their children in Cape Town’s Northern Suburbs are increasingly opting for new developments instead of taking on renovation and upgrading of the older stock available. Le Roy Viljoen, development director at Trinity Projects, believes that this is one of the driving forces behind the increased demand for affordable, quality family homes and rental accommodation in Cape Town’s northern areas.
“The average property available in this market is old fashioned and requires substantial refurbishment that is costly, time consuming and demands skill and expertise,” says Viljoen. “As consumers are increasingly looking for a stress-free solution to purchasing a new home, it makes sense to, from the earliest stages of design through construction to handover, provide a seamless turnkey service. This includes, for instance, taking care of all paperwork and facilitating excellent finance options.”
This is why Trinity Projects’ Burgundy development in Brackenfell has worked so well. Trinity partnered with Curro Holdings to ensure that the development is situated strategically close to schools as well as major transport routes, attracting young families. Since construction started on the development in 2013, more than 200 residential homes, valued at R270m in total, have sold.
Says Erik Joubert, managing director of Trinity Projects: “We identified the Brackenfell area as strategic land for those people who always wanted to settle and raise their families in the Northern Suburbs, where quality yet affordable rental stock, especially of new homes in security estates, would rarely come onto the market.”
Trinity Projects reports that the promising buy-to-let opportunity was picked up by one clever investor who has laid claim to the entire last phase of the Burgundy development in Brackenfell. Construction of this phase, known as Brittany, has now started and is scheduled for completion in 2017. This means that another 47, three-bedroom family homes will become available to the Northern Suburbs market by next year.
Two new private schools are set to open in the fast growing Cape Town northern suburb of Brackenfell, following a massive wave of young families settling in the area.
The schools form part of the creation of new-style neighbourhoods in the Cape, which are safe and attractive and designed for easy living close to schools and have been hailed by estate agents in the area for meeting the need for integrated facilities in communities.
Trinity Projects, a new boutique property development company, has unlocked the area for further growth by attracting JSE-listed Curro Holdings’ private schools to the popular family orientated Burgundy development, which borders the established neighbourhood of Sonkring in Brackenfell.
The new schools will be built next year and are scheduled to open in 2015, providing nursery and primary school facilities as well as full aftercare services.
Leslie Viljoen, a director of Trinity, says the suburb has become popular among young families because of the excellent and secure lifestyle it offers in a friendly-neighbour style layout.
“The design of the area is reminiscent of the suburbs of old. The attractive, value-for-money homes are set on a streetscape where children can safely play in the area, and with convenient access to good schools.
“The schools will provide an excellent community resource and the proximity of the homes to the schools makes it possible to walk to school from all the Trinity residential developments in the area.”
Dr Chris van der Merwe, Curro chief executive, says the Curro Castle Brackenfell Nursery School and Curro Brackenfell Primary School will be based on the established and proven Curro educational model, which has controlled class sizes and qualified and committed teachers.
Erik Joubert, a co-director of Trinity, says developers need to be very creative when it comes to providing new suburban nodes.
“Home owners want to simplify their lives and this requires new thinking by developers to create new-style projects which best meet their needs. Property development requires new strategies and closer co-operation between the private and public sectors.
“A further challenge is to create modern homes with top quality finishes and to balance this against value for money.”
The Trinity homes are priced from R1.25 million including VAT for three-bedroomed group housing homes in the Figaro group development to R1.56m for larger single residential homes. Each of the 100 homes built in this phase has a braai patio, granite counter tops and a landscaped garden.
Joubert says construction has already started on the single residential and group housing developments.
“We have noticed that the demand for properties in the area has increased since the construction of the new schools was confirmed. We have already sold out each phase before completing construction, and the schools have created even greater impetus in the area,” says Joubert.
Call Rowan Alexander of Rawson Properties on 082 581 3116.