Comprising 51 highly affordable two-bedroom apartments in four blocks, Fernwood situated in Ottery, Cape Town attracted high levels of interest only by word of mouth. Competitively priced, from R875 000, including VAT and transfer costs, the apartments are ideal for first-time buyers seeking their perfect home or prudent investors looking for a great return. Demand for these units was remarkable, with the units sold out before even launching the development, says Rehana Moosa, marketing executive for Asrin Property Developers.
The civil works team is scheduled to move onto the site in August with construction due to commence in September, with an anticipated completion date of mid-2020.
Highlighting just some of Fernwood’s advantages, Moosa says: “For a start, the development is superbly located in one of the most sought-after areas close to some of the best schools, shops and leisure attractions in this part of Cape Town. Fernwood combines affordability, comfort and convenience within a secure village environment with neatly landscaped open spaces. And, of course, each apartment is finished to the very highest standards.”
Just 20 minutes from Cape Town International Airport, Fernwood is located close to the Royal Cape Golf Club and just a short journey from the Mother City’s thriving central business district.
Apartments on the first and second floor range from 59 to 62 square metres, which includes a balcony. Ground floor units range from 55 to 58 square metres and have generous exclusive use garden areas.
Each apartment features superior finishes, including engineered stone kitchen countertops; ceramic tiles and laminated flooring; and anodised aluminium windows and sliding door frames.
Quality ovens, hobs and extractor hoods come fitted as standard and the units will be Wi-Fi- and DStv-enabled. Residents will enjoy the added security of electric fencing and an access controlled entrance with a guardhouse.
Fernwood’s design also takes account of people’s growing environmental awareness by incorporating a number of green features, such as PV solar panel geysers, which are designed to cut utility bills by reducing water and electricity consumption while minimising the estate’s overall environmental footprint.