Areas and Places

44 on Palmyra a prime investment opportunity in Cape Town

44 Palmyra development, Pam Golding
The 44 Palmyra cluster development situated in Claremont, Cape Town.

Buyers have the luxury of choice when it comes to investing in a new home in 44 on Palmyra, an exclusive cluster development marketed by Pam Golding Properties. 44 on Palmyra comprises four unique, plot-and-plan units ideal for young families or professionals wanting lock-up-and-go living in the centrally-located suburb of Claremont.

Laurie Wener, Pam Golding Properties senior executive for developments in the Cape region, says: “Gated estates are highly sought after for the security and easier maintenance, as well as shared utility costs. Prospective home owners are prepared to pay a premium for these benefits and also for the lifestyle offered by modern designs where space is well utilized, light is maximized and the living is easy.” This is especially so in the Cape where older, well-established and popular suburbs such as Claremont have relatively little of this lifestyle.”

These developments are also a good investment option because they offer significant capital growth gains over the medium and long-term.

Pam Golding Properties agent for Lynfrae and Claremont, Annabelle Bennett, says: “44 on Palmyra ticks all the boxes when it comes to location and lifestyle– it is a stone’s throw away from shopping centres, top schools, sports stadia and medical facilities.” The houses, set on 300m² plots, are available from R4.9 million. Residents will enjoy the benefits of cluster living with off-street parking and private gardens. Each home will boast modern lines with timber cladding and wide windows framing the surrounding views”