Ahead of the sales launch you will be able to view and browse all the available units by visiting the user friendly interactive price list.
Here you can easily browse the available units and use the filters and sort function to narrow down your search.
On each unit the layout, costs and expected rentals are shown.
Once sales go live on the 29th of November you can reserve your preferred unit/s.

In order to have quick access to your preferred unit/s on launch day, simply click the ADD TO LIST button on your favourite units. You can also reserve your preferred unit directly from the Shortlist on launch day. Please note that the reserve button will be grayed out until sales go live. As soon as sales go live at 12:00 the reserve button will turn green and you may then secure your unit/s.

All reservations will happen online via the interactive price list.

Register and log in to https://sales.the-kingsley.co.za

At 12:00 midday on Tuesday the 29th November 2022 when the countdown reaches zero, sales will go live and a green reserve button will appear.

You will be able to secure your preferred unit/s by pressing the green reserve button, following the steps and paying the R5000 reservation deposit.

You will then receive an email from our team with the Agreement of Sale for you to sign and return to us.

Please note:

• There is a probability of load-shedding during the sales launch and therefore, we urge interested clients to make provisions for this and to make sure they have access to reliable Wi-Fi at 12pm midday.
• Whilst we have put everything in place to prevent double bookings, sometimes these do happen. So in the unlikely event that the unit you have reserved was also reserved by another buyer, then the unit will be allocated to the buyer who paid their reservation deposit first.
• Should the second buyer not find a suitable replacement the reservation deposit will be refunded. We apologise for any inconvenience this may cause.

Buyers who secure a unit/s on launch via the online platform will receive R100 000 off the purchase price.

To activate your discount, simply click the green discount button below the price on a unit and follow the prompts to complete your Buyer Profile & unlock the discount on all units.

• R100 000 launch discount.
• Capital appreciation over the build period while only having to put down a R50 000 deposit.
• Best selection of units & parking bays.

The reservation deposit is R5000.
The full deposit is R50 000.

The deposit is paid into the transferring attorney’s interest-bearing account and your money will earn interest for you.

1. Cape Town sees an average annual capital growth of 7%, so your property value is growing at roughly 7% pa but you are only required to put down a R50 000 deposit.
   So you are getting growth on the full purchase price of the property and only have to put down a fraction of the price.
2. Your tenant is largely paying off your investment property & bond for you.
3. Your rental income increases every year but bond repayments generally stay the same and in relation to yearly salary and incomes inflating, the bond repayments become relatively cheaper every year.
4. There is high demand for secure luxury property near UCT & Jammie Shuttle routes, resulting in a secure long term investment.
5. The longer it takes to enter the property market the harder it becomes.
6. Property investment is likely to create long term sustainable wealth and an ever increasing annuity income.

This is done by the appointed bond originator for the development. It is a quick process to estimate the approximate amount you could qualify for. This is however NOT a bond approval. https://indicator.ooba.co.za/?var1=WS4&var2=KING22&var3=OBIDV&var4=Unknown

Bond application is done by the bond originator appointed to the development. The originator will apply to the 4 mayor banks (Absa, Nedbank, FNB and Standard Bank) to secure the best interest rate for you. This service is free of charge.

30 days.

Yes, the deal is subject to your bond being approved and should it not be approved the deposit is paid back to you with interest.

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

30 November 2023.

After the completion date, the transfer process will commence. Occupational rent is an option for the interim period between completion date and registration of property.

The contract price is the price the client will pay for the property. Options available to purchase a parking bay or to upgrade to premium finishes package.
Vat is included, there is no transfer duty, transfer fees or bond registration fees.

There is no transfer duty payable as this is a VAT inclusive transaction.

There is no transfer fees payable, the developer is covering these costs.

No bond registration cost is payable.

Levies are estimated at R35 per square meter.

Rates are based on the value of the property and are calculated at the value of the property less R300 000 and then multiplied by 0.006344 to get your yearly rates.
Divide this by 12 to get your monthly rates.
Example on a R1,000,000 property: (R1,000,000 – R300 000) x 0.006344 = R4440.80 per year.
This equates to R370.07 per month.

They cover the costs of security, cleaning & landscaping of the common areas, maintenance of the building, building insurance and all running costs and management costs and insurance of the building.

Prospekt Property Development was founded by Chris Heunis, the co-founder of the ever successful Campus Key, who has recently returned from The Netherlands where the company was responsible for the hugely successful Pilgrim’s House developments. From Chris “We’re delighted to be launching The Kingsley and are confident that it will live up to its promise. Meticulous care has been taken with the design of the apartments, from the natural light to the views of the mountain and surrounding areas. Attention to detail will ensure elegant living at its very best.”