Palm Springs is a new entry-level development on the urban edge of Cape Town’s CBD in the quiet suburb of Brooklyn. The Brooklyn/Ysterplaat/Rugby area is the new development hotspot because it’s between Cape Town and Century City, with easy access to the N1, the M5 and the R27 (Marine Drive). Palm Springs is aimed at two segments of the market: first-time homeowners, and the investor-buyer. The development will comprise 350 one and two-bedroom apartments in a secure complex, with a funky pool/party and outside braai area, clubhouse, gym, laundry and crèche. The complex will be surrounded by a 2m wall topped with electric fencing and manned by 24-hour security. Besides the exotic palms, there will be indigenous planting, in line with a water-wise planting policy. Numerous green spaces will be created around the 2.5ha development. Palm Springs comprises five three-storey walk-up apartment blocks and two five-storey blocks of 70 units each. The apartments are priced from R620,000, which includes all legal fees and bank charges for the transfer of the unit. Buyers will have their financing in place within 14 days, receive a voucher for a Fossil watch and go into a draw for Diesel Clothing vouchers and a Jeep Wrangler. |