From R849,900

Ocean Terraces - Secure residential estate in Capricorn Beach, Muizenberg

Ocean Terraces overlooks False Bay, and the Cape Point, Roman Rock and Hangklip lighthouses provides spectacular night-time sights. Watch sunsets and sunrises from your own private patio or balcony, thanks to the uninterrupted views over the bay.

Since 2010 the Capricorn Beach area has enjoyed almost 100% capital growth, with the values of properties doubling during that time. The area is very secure, with 24-hour patrols, and even the access to the 5 swimming pools within the security enclave is controlled by biometric scans, meaning you can relax and enjoy the amenities.

Every Ocean Terraces apartment has fibre internet access and a smart TV box, making it as simple as plug-and-play for all residents to take full advantage of the uncapped 5 mbps line.

Property Features:

  • DStv - fibre points installed in each apartment
  • Routers and smart tv boxes installed with fibre
  • Choice of upmarket 1 & 2 bedroom apartments
  • Beautiful views over False Bay and Cape Point
  • Part of Capricorn Beach security enclave
  • 24-hour patrolling guards
  • Perimeter wall with electric fencing 
  • Choice of 5 swimming pools which forms part of Capricorn Beach
  • Transfer and bond fees included*
  • Engineered stone countertops in kitchen
  • Under-counter oven and countertop hob in kitchen
  • Vinyl flooring throughout - easy maintenance
  • Basement parking bays
  • Pre-paid electricity meters
  • Metered water systems to each unit

Why invest in Ocean Terraces?:

  • Investment Benefits
  • IGrow Rental Assist to the value of R31,320 over 3 years
  • Transfer and bond fees included*
  • Projected rental income of R78,000 per year (excluding Rental Assist)
  • Up to 100% bond financing available
  • Close to a variety of excellent schools
  • Plenty of recreational amenities surrounding the area
  • Strong rental demand for apartments in this neighbourhood
  • Comprehensive End-to-End Rental Management
  • IGrow Rentals, our in-house rental managers
  • Tenant vetting & placement
  • Rental collection
  • Ingoing & outgoing inspections
  • Maintenance service available

Investment Overview

100% bond financing available at all the major banks through IGrow Homeloans Only pay first bond installment on registration after occupation is tendered R35,000 reservation deposit required to secure (refundable should finance not be approved).

For sale in this development

Plans

Browse through the available plans and choose your ideal design.

Plan Beds Baths Garages Price (From)
A 2 1 0
R995,900
A
More info
Plan Type:
Apartment
Plan Size:
55㎡

B 2 1 0
R1,199,900
B
More info
Plan Type:
Apartment
Plan Size:
63㎡

C 2 1 0
R1,149,900
C
More info
Plan Type:
Apartment
Plan Size:
58㎡

D 1 1 0
R849,900
D
More info
Plan Type:
Apartment
Plan Size:
42㎡

Facilities

Accommodation
  • DStv points
  • Pre-paid electricity meter
  • Fibre internet connection
  • Metered water systems to each unit
  • Routers and smart TV boxes supplied
Fitness
  • Swimming Pool
Recreation
  • Right on the beach front
Residential
  • Basement parking bays
Security
  • Perimeter wall
  • Electric fencing
  • Biometric access control
  • Patrolling guards

Location

Marketed by

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