Lib­er­tas apart­ments in Buh-Rein Es­tate of­fer ex­cel­lent in­vest­ment

Weekend Argus (Saturday Edition) - - PROPERTY -

MULTI Spec­trum Prop­erty’s 87 hectare, award- win­ning Buh-Rein Es­tate in the north­ern sub­urbs con­tin­ues to of­fer great op­por­tu­ni­ties to res­i­dents and in­vestors.

The lat­est of­fer­ing is a con­tem­po­rary sec­tional ti­tle de­vel­op­ment called Lib­er­tas, where apart­ments are priced be­low or a lit­tle above R1 mil­lion, says Multi Spec­trum Prop­erty CEO Ri­aan Roos.

Lib­er­tas of­fers 120 up­mar­ket apart­ments which will be built in three phases. Phase 1 in­cludes two apart­ment blocks of three storeys each. They will of­fer ex­cel­lent views of the Boland Moun­tains.

The de­vel­op­ment will have easy ac­cess to the fu­ture shop­ping cen­tre on the es­tate.

Type A apart­ments are 64m2 and of­fer two bed­rooms and two bath­rooms (main bed­room en-suite plus full fam­ily bath­room), with an open-plan kitchen/lounge lead­ing to the pa­tio with built-in braai. These are priced from R999 900 to R1.049m ( in­clud­ing VAT, trans­fer and bond reg­is­tra­tion costs, but no de­posit is re­quired).

Type B apart­ments are 60m2 with two bed­rooms and one bath­room, open-plan kitchen/ lounge and slid­ing doors to bal­cony with built-in braai. These are priced from R979 900.

All apart­ments are tiled through­out and in­clude built-in cup­boards, cov­ered car­ports and gran­ite counter- tops. Kitchens in­clude a stain­less steel oven, hob and ex­trac­tor.

“The es­tate has proved to be an ex­cel­lent in­vest­ment since its in­tro­duc­tion,” says Roos.

“For ex­am­ple, a 51m2 apart­ment sold for around R425 000 in 2011 and at­tained a monthly rental in­come of R3 200.

“To­day, sim­i­lar apart­ments sell for around R700 000 and ren­tals have dou­bled.”

South Breeze vil­lage has elec­tric fenc­ing and only one en­trance and exit point for good se­cu­rity.

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