By The Ravine Development Expert: Ruan van der Ham
Smart, modern and spacious living, with everything you need a few steps from your door.
The latest addition to the rapidly developing Conradie Park precinct, The Ravine consists of 179 modern apartments with views spanning Table Mountain, Devil’s Peak, and the leafy surrounds of Pinelands.
Adding to its value and appeal, the development offers residents direct access to The Pines Shopping Centre, multiple retail outlets, and convenient amenities. With 43 units projected to generate immediate positive cashflow, investors can start earning returns from day one.
Fast Facts
- 179 Apartments for sale
- Studios, one- and two-bed apartments priced from R975,000 – R2,860,000
- R75,000 Early investor discount
- Spine Boulevard, Conradie Park
Register to view the price list and find out more online.
Safety and style: Welcome to Conradie Park
The Ravine makes comfort and convenience part of everyday life. Built within a secure precinct, the design brings nature and community together, while still keeping you connected to the city via a short commute.
Roaming security guards, infrared motion-activated cameras, and access control points give residents an invaluable sense of security, without feeling confined. Whatever you need, it’s a short, safe, and simple walk away.
Surrounded by 22,000sqm of landscaped parks and green spaces, The Ravine’s nearby amenities include walking and cycling paths, padel courts & fives football pitches, a shopping centre, premium restaurants and eateries, coffee shops, essential services, pre-primary-, primary- and secondary-schools, daycare facilities, and more.
The Ravine offers direct access to The Pines Shopping Centre, blending retail, convenience, and community in one vibrant hub.
View the available apartments
From the moment you step inside, the clean lines and modern design create a feeling of calm and stability. Full-length windows and spacious ceilings allow light and warmth to permeate, with most units opening onto a balcony with breathtaking views.
Units are equipped with the latest data and appliance connection points, and compact cupboard solutions, with Premium Finishes allowing tenants and investors to choose one of two custom colour schemes.
Included in the purchase price is an appliance pack comprising a fridge, washer-dryer combo, and microwave, as well as a dishwasher for 2-bedroom units.
Studio Apartments priced from R975,000
1 Bed Apartments priced from R1,235,000
2 Bed Apartments priced from R1,965,000
Find out more about the apartments online.
Benefits of investing at The Ravine
The Ravine is designed to answer the needs of a modern lifestyle; affordable and sustainable, with easy access to everything you need in your day to day life. Strong growth and consistent returns makes this an opportunity not to be missed.
What’s in it for You?
- R75,000 early investor discount.
- 43 units are cashflow positive from day one
- Best selection of units
- Capital appreciation for 12 months is estimated at 7% while the development is under construction
Tax benefits and more
Investors have access to powerful tax incentives, including the popular Section 13sex of the Income Tax Act No 58 of 1962. This scheme enables any taxpayer who owns five or more new, residential rental units (do not all have to be from the same development), to claim up to 55% of the purchase price as a tax deduction.
Example:
- Purchase five units at a total purchase price of R6,797,000
- Deemed purchase price = R3,738,350 (55% of final purchase price)
- 5% of the deemed price may be used as a tax deduction per year
- This works out to a tax deduction (tax write-off) of R186,917 per year for 20 years.
Total tax write-off = R3,738,350 (over 20 years).
Taxpayer criteria for Section 13Sex
- The taxpayer must own at least 5 residential units. The deal kicks in once the buyer takes ownership of their 5th new unit. A residential unit refers to a building or self-contained apartment, mainly used for residential accommodation with the exclusion of structures used for business purposes, for example, hotels.
- All units must be situated in South Africa.
- Residential units must have been purchased new and unused. (For example, buyers of flats that had previously been occupied would not qualify for this incentive.)
- The units must be used solely for the purpose of trade (i.e. residential letting). This prevents housing claims for personal use.
- Please consult your tax advisor for further clarification and information.
Register to view the price list and find out more at www.the-ravine.co.za.
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