Designer flats in the heart of estate
THERE is an exciting new development at Burgundy Lifestyle Estate.
Wester n Cape-based property developer MSP Group will develop a second complex at the estate in Plattekloof, which borders the vineyards of Durbanville Hills and De Grendel.
Burgundy Estate enables developers to acquire development land in an established, secure lifestyle estate.
Hot on the heels of Le Rouge – MSP’s first development on the estate, where more than 90 percent of the units have been sold – comes Mode de Vie (Way of Life) residential development, scheduled to be completed next year.
The Mode de Vie development will consist of 100 designer apartments at the heart of Burgundy Estate.
MSP Group managing director John Coetzee says Mode de Vie’s apartments will have two bedrooms and family bathrooms, and prices will start at R629 900. The average size is 61m with a further 5m2 patio or balcony with a built-in braai. The fitted kitchens will have stainless steel ovens, hobs and extractor fans, and provision has been made for washing machines or dishwashers. The carpeted double bedrooms have built-in cupboards and all interiors were designed by Emma H Interior Consultants. Ground-floor units will have private garden areas and a few will have larger spaces. A limited number of t op-f l oor apar t ments o f f e r e x t r a - vo l u me s p a c e s wi t h views.
Each unit has one parking bay, and there are 10 garages for sale.
“Buyers can choose to upgrade their apartment interiors to Mode r n e, Cl a s s i q u e o r Amusement designs. Finishes include Rustenburg granite kitchen countertops, maple, burnt oak or a combination of burnt oak and white kitchen and bedroom cupboards.
“Burgundy Estate is at the foot of the Tygerberg Hills just off the N7, with easy access for commuters to all areas in the Cape metropole. The estate offers extensive sporting amenities and numerous green zones, allowing for a lifestyle that is social, active and outdoors-based.
“The clubhouse has a pub and a golf shop and there are bicycle paths and jogging trails, a soccer and a rugby field. There is also a nine-hole Mashie golf course, a mountain bike trail and three estate clubhouses catering for indoor pursuits. Other amenities include a 6 000m Checkers shopping centre that will be completed soon.
“Residents can also enjoy Mode de Vie’s exclusive recreational area, with its lawn and a play area with space where parents can watch the kids play or just relax.”
Coetzee says Mode de Vie will have high levels of security. The complex will have palisade fencing with access control, but will also benefit from Burgundy Estate’s extensive security system, where entrance cameras monitor all movement in and out of the estate and 24hour car patrols provide active crime deterrents.
Although the security seems extensive, it is discreet and offers residents peace of mind, Coetzee says.
Says Uvest general manager Jaco Maritz: “Mode de Vie is on average R1 434 a square metre cheaper than other similar developments in Burgundy Estate, which amounts to a saving of close to R95 000 a unit.
“It is also an ideal buy-to-let investment. To safeguard investors’ interests, the developer has appointed inde pendent rental e x p e r t s t o d e t e r mi n e e x p e c t e d rental returns at Mode de Vie. A rental management agreement with Ju s t L e t t i n g o f f e r s bu y - t o - l e t i nv e s t o r s d i s c o u n t e d r a t e s o n s e c uri ng t e nants and managing properties.
“There is a high demand for rented homes at Burgundy Estate because of its convenient location, superior levels of security and excellent lifestyle features.
“Independent rental experts say investors could achieve rentals of between R4 500 and R4 800 a month, with expected increases of between five percent and 10 percent at completion at the end of next year.”
Visit www.mdvburgundy.co.za, call 082 453 2574 or Jolene Alterskye at 082 447 6169.
A WAY OF LIFE: An artist’s impression of Mode de Vie at Burgundy Lifestyle Estate.