Areas and Places

Muizenberg development launched by Asrin and IHS

Asrin Property Developers and International Housing Solutions (IHS) have launched the first phase of Ocean Breeze, a 213 unit sectional title development in Muizenberg.

The first phase is one of three and will see 90 units being released for sale. These are all two bedroom, one bathroom apartments with 60m² of floor area in three storey walk-ups. The units are priced at R599 900, including VAT and transfer costs.

Quality finishes have been specified for this development, including granite countertops in the kitchen and ceramic tiles on the floors, and certain green measures have been taken such as solar heated geysers, which will help residents here keep their electricity consumption to a minimum, said Shiraaz Hassan, commercial director for Asrin.

“Ocean Breeze is situated on Sunrise Boulevard, just off Prince George Drive in Muizenberg, a stone’s throw from the beach. Being in a conservation area, it is surrounded by fynbos and there will be ample landscaped green spaces within the development for the residents to be able to enjoy an outdoor lifestyle,” said Hassan.

This development is within easy walking distance of Surfers’ Corner and Capricorn Park retail centre and business park and is close to public transport routes.

Ocean Breeze will have allocated parking bays, a swimming pool, a clubhouse, communal laundry facilities, a braai area, a play park and will have access controlled security gates with a guardhouse at the entrance.

“We are very excited about being able to launch this development,” said Hassan, “as this is the first new development in this part of Muizenberg in recent years, and we feel that this type of housing in this price bracket is much needed in the area. We strongly believe there will be a quick sell-out of the units at Ocean Breeze and the fact that all four major banks have found value here and are willing to offer qualified buyers 100% bonds will make the sales process even smoother.”

The agents who will be handling sales at Ocean Breeze are Seeff (Gary Grobbelaar – 079 929 3588) and Harcourts (Donna Stevens – 076 264 9805) as well as Asrin’s own in-house agent, Barbara Stapelberg – 082 440 6080.

Handover for the units in this development is expected to begin by April 2015.

“The prices and offerings here can probably be compared to what can be found on the West Coast and in some parts of Tableview,” said Hassan, “but units here are definitely 50% more affordable than the equivalent the southern suburbs.”

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