Zuckerman Sachs 

Founded in 2001 by Cape Town architects Mark Zuckerman and Neal Sachs, Zuckerman Sachs  have over 60 years of shared experience in the architectural profession, and have built a reputation as a client-focused practice which provides a bespoke service, with real dedication and enthusiasm for their craft. 

https://zsarchitects.co.za/

STBB  

Established in 1900, STBB is a firm of approximately 90 business-minded lawyers practicing from 12 branches throughout South Africa. By understanding our clients’ needs and objectives, we strive to deliver cost-effective legal solutions for all business and personal matters. We are committed to developing close working relationships with our clients, enabling us to succeed consistently on their behalf. Big represents our reach and professionalism. Small is our personal approach to our work and our clients.

https://stbb.co.za/

Transfer Duty is a tax levied on the purchase of a property in South Africa over R1 050 000. When purchasing into a new development, the price includes VAT and therefore leading to a substantial saving to the Purchaser as no Transfer Duty is applicable. 

Transfer Costs are the relevant administration and legal costs that a Purchaser would pay to the conveyancer/transfer attorney. In this case this would be STBB.

BetterBond

Since it was founded in 2000, BetterBond has grown to become the largest bond originator in South Africa, with specialist experience in the property industry and more than 20 branches nationwide supporting our real estate partners and customers. We take special pride in assisting first-time buyers to realise their dreams of homeownership, by offering expert assistance and support at every step of the home loan application process More than a million South Africans have become homeowners thanks to our services and our approval rates are industry leading.

https://www.betterbond.co.za/

Bond repayments will commence once the property has been transferred to your name and the bank has settled the payment to the seller.

Bond costs are payable at the time that the bond registers, once the development is complete.

81 Doordrift Rd, Plumstead, Cape Town, 7800

300m away from your nearest park 

750m or 3 minutes to the closest Laundromat 

1.1km or 3 minutes away from Mediclinic Constantiaberg Hospital

1.1km or 3 minutes away from your nearest Clicks Pharmacy 

1.1km or 3 minutes away from your nearest vet & pet store 

1.2km or 4 minutes to 3Arts Village 

1.3km or 4 minutes to your nearest Woolworths 

2.2km or 5 minutes away from your nearest SAPS station. 

2.8km or 5 minutes to your nearest Virgin Active 

4km or 10 minutes from Royal Cape Golf Club and Course

6km or 12 minutes from Klein Constantia Wine Estate and Vineyards 

9.5km or 15 minutes to University of Cape Town 

17.4km or 25 minutes to Llandudno Beach 

20k or 20 minutes to Cape Town City Centre and The V&A Waterfront

21.5km or 25 minutes away from Cape town International Airport

Constantia Edge is pet friendly upon body corporate approval   – you are 300 meters away from your nearest park, less than a 5 minute walk away.

Completion for Constantia Edge is projected for 2025.

• Insurances 
• Security 
• Communal electricity & water 
• Landscaping 
• Repairs and maintenance

• Access control in and out of the building 
• The building will also offer CCTV camera surveillance

After the completion of the reservation and sale agreement, the transfer process will commence. Occupation will be given as soon as an occupation certificate is granted. You will be able to occupy or rent out your apartment from the date of occupation.

• Cape Town sees an average annual capital growth of 7%, so your property value is growing at roughly 7% p.a. but you are only required to put down 10%-30% of the development value when securing your home. The balance is only due on transfer (on project completion). 
• This means you are getting growth on the full purchase price of the property during the marketing and construction period while  only having to put down a fraction of the purchase price at the start of the project. 
• By purchasing into a development, you also save a substantial amount by not paying Transfer Duty on the purchase. For example if you were to purchase an existing property for R6 000 000, you would pay approximately R460 000 just in Transfer Duty. In Summer Terraces, you do not pay Transfer Duty and therefore save R460 000.  
• The benefits of purchasing in a new development also come in the form of guarantees and warranties on the building and appliances. For example the development will be registered with the NHBRC which is a form of insurance in which protects Purchasers on new buildings for a 5 year period.

• Reserve your home online via our website on Launch Day – 27th March 2024  
• Sign your sale agreement
• Pay your deposit to STBB 
• Apply for finance which is to be  secured within 21 days utilising our in house bond originators BetterBond
• Construction of the estate will commence and you will take transfer upon completion of the development