With a world of options on its doorstep, Claremont Upper is about to become an even more attractive prospect with the launch of an exceptionally well-priced new development. 8 Molteno is to be developed in serene Molteno Road and is expected to be completed between the second and third quarter of 2021.
Expert Southern Suburbs developers, Classico Developments have been developing property in the area for over 24 years and 8 Molteno is set to be one of their finest offerings yet. Greeff Christie’s International Real Estate has been enjoying the opportunity to market this exciting development and believe that it is set to be a fast seller especially for first time buyers and sharp investors.
Mike Greeff, CEO of Greeff Christie’s International Real Estate says, “8 Molteno has all the makings of what is set to be a hugely successful development. The development will enjoy an attractive location in a prime residential and lifestyle area and is priced well-enough to allow for first-time buyers to get their foot in the door of the lucrative Cape property market. In addition, the features and contemporary design ensure significant rental yields are easily achievable.”
In addition to a remarkable price, 8 Molteno also features some of the most exciting fittings and fixtures to be found in top-class developments today. Some of these include; Vicostone counters in kitchens, front-door video intercoms, built-in Smeg ovens, frameless glass showers and stunning sanitary ware from the Grohe range in bathrooms, fibre connectivity and ceiling high aluminium windows. With all these features and so many more, buyers have everything they could possibly dream of.
8 Molteno has all the elements that make for a highly attractive buy. Ticking all the boxes for residential and lifestyle aspects and impressive features to match, according to Greeff agents, sectional title properties in Claremont Upper offering one-bedroom accommodation currently average at R1 600 000, 7.75% more than 8 Molteno’s starting price of R1 475 000 where the same accommodation is on offer.
Surrounded by nature at its finest, gorgeous mountain views, beautiful landscapes of the surrounding architecture and the latest, chic shopping offerings, buying into 8 Molteno also means buying into a lifestyle.
Priced from R1 485 000 to R4 900 000, including VAT and no transfer duty payable, the development has already sold eight of its 28 units. Set across four levels, 8 Molteno is made up of one and two bedroom and bathroom units with parking to match, ranging in floor size from 39m² to 119m².