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Good value on offer at the Citadel in Constantiaberg

Due to the highly diverse nature of Cape Town’s Southern Suburbs and the vast variety of properties and amenities that are on offer in the region, buyers from all walks of life are attracted to property investments in the area. 



This is according to Graham Gavin, Broker/Owner of RE/MAX Premier, which operates in Cape Town’s Southern Suburbs. Gavin points out that that one particularly big draw card to the Southern Suburbs is the extremely good schools and universities.
 
“The Southern Suburbs are primarily residential, offering property investors a wide selection of property options from which to choose,” he says. “The area has everything from older-style homes and cottage-style semis in areas such as Mowbray, Claremont and Wynberg, to the more luxurious and larger homes in Constantia, Bishopscourt and Newlands.  Most homes in the Southern Suburbs are in demand because of the excellent facilities in these areas. The Southern Suburbs are situated close to the Cape Town CBD and allow residents easy access to the freeways and shopping centres. Many investors are also attracted here because of the up-market feel and the area’s natural beauty.”


 
One of the most unique investment opportunities in the Southern Suburbs at the moment, according to Gavin, is The Citadel - a seven-storey apartment block comprising 91 units. “The building, nominated in 2010 for the SAPOA award for Innovative Excellence in Property Development, is designed as a seven-storey high atrium which allows an abundance of natural light and a feeling of space, as well as making the most of the magnificent views.”
 
Anne Gombart, Sales Associate at RE/MAX Premier who is marketing this unique development says that this property is a rare find compared to the surrounding properties in the area because it is new, modern and incredibly well designed for modern needs and living. “You won’t find another apartment block quite like it in the Southern Suburbs/ Constantiaberg area that offers so much to its residents,” she says.
 
Well located in the Constantia Valley, The Citadel offers apartment configurations from studio units, 70m2 one-bedroom units to 98m2 two-bedroom units and 121m2 three-bedroom units.

Gombart says that the demand for property in the Constantiaberg area has been consistently high, and points out that properties move very quickly due to the high demand and limited stock.

The most popular type of property in the area, she says, are those that offer three bedrooms, two bathrooms, two garages and good security. In terms of average prices in the area, buyers can expect to pay anywhere between R2.5million and R3.5million for homes offering these kinds of features.


 
Gombart notes that The Citadel's focus for prospective purchasers has been to offer a true ‘lock-up-and-go’ lifestyle that doesn’t compromise on all the comforts purchasers require.  “The interiors of the apartment are open-plan with stylish features while the kitchens are designed with space for washing machines and dishwashers and include plenty of cupboard space.  The apartments have balconies with expansive views of Constantiaberg Mountains.”
 
The building is set on a hectare site which has been beautifully landscaped and includes a sparkling swimming pool, a well-equipped gym and a laundry room. Basement parking and additional visitors parking are also available. There are two lifts installed with back-up generators in-case of power failure as well as an onsite building manager to assist residents.
 
“The security and peace of mind that this brings has been defined as a very important value-added feature that The Citadel offers to purchasers,” says Gombart. “There is manned security 24-hrs a day, as well as electric fencing, camera surveillance and controlled access. Many residents have commented on the relief of being able to drive through the front gate at The Citadel, and not have to worry further about alarms and all that goes with that process,” she says.
 
Ideally suited to middle-aged to retired couples looking for a ‘lock-up-and-go’ lifestyle with security, apartments at The Citadel are also well suited to younger couples with busy work and social schedules. The units sell between R785 000 and R3.9million.
 
“Established houses in the area which have been there for about 40 years enter the market at a similar price but cannot compete with the security that is offered at The Citadel, and which most of today’s buyers require,” says Gombart.
 
Adrian Goslett, CEO of RE/MAX of Southern Africa, says that security is top of mind for most buyers these days, and properties which offer high levels of security are sought-after and often snapped up quickly.
 
“The investment in this particular development is seen an excellent opportunity as The Citadel is situated in proximity to three superb golf courses, the Constantia Wine Route which is growing in popularity all the time, as well as the top class shopping, restaurants, and hotels almost on the doorstep,” Gombart concludes.


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