Castle Rock,

Conradie Park
Pinelands, Cape Town
South Africa

An Unmatched Investment Opportunity in a Prime Location.

 

Castle Rock, located above a retail center in Conradie Park, features 108 modern apartments including studio, 1 & 2-bedrooms units selling from 940,000. This is developed by Concor Developments, inspired by Simons Town’s Castle Rock beach. Enquire below and we’ll call you back.

  • 29-42 sqm Apartments
  • High Rental Demand Area
  • VAT Included
  • No Transfer Costs
  • Backed by Western Cape Government
  • Construction Underway
  • 95% Tenant Good Standing
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INVESTMENT HIGHLIGHTS

Est. Gross Rental Yield
11%
Est. Annual Rental Income
102000
Avg. Capital Appreciation 
7%
10-Year IRR
25%
Eligible for Section 13SEX
Yes
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These returns assume an investment with a 90% mortgage bond and a 10-year holding period. Actual returns may vary based on individual investment contributions, market conditions, interest rates, and common property-related costs. Investors should consult with a tax advisor to understand their personal tax implications of any investment.

Welcome to Conradie Park

Castle Rock at Conradie Park blends luxury living with sustainability in a prime location. This innovative development, backed by Concor and the Western Cape Government, offers eco-friendly apartments atop a vibrant retail hub. With a 20% capital growth over the last 3 years at Conradie Park, it’s an exceptional investment opportunity. Plus, high rental demand, state-of-the-art security, and proximity to Cape Town CBD make Castle Rock a smart choice for solid returns and future growth.

Featuring 108 pet-friendly modern apartments inspired by Simons Town’s Castle Rock beach offering energy-efficient water heating, fiber to home functionality, and green spaces. The apartments include vinyl flooring, a walk-in shower, energy-efficient water heating, and other high-class finishes. Built-in cupboards in the kitchen are included.

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Sustainable Green Living

Solar panels, recycled water irrigitation, parks and waste reduction

Vibrant Retail Hub

Within close proximity to major employers like Old Mutual and the Cape Town CBD

Open Green Space

Landscaped 22,000m² grand park and green spaces

Retail Offering

Checkers, Dischem, various retail stores, a gym, coffee shops, and many other businesses

Education

On site affordable Primary School, High School and Creche

State-of-the-Art Security

Security systems including biometric access control, full CCTV surveillance, and manned security under 24-hour surveillance

Apartments

One-Bedroom
Selling from 940,000

Unit Sizes 35 sqm
1 Bedroom + 1 Bathroom
Various Floor Units Available
No Transfer Duty • No Transfer Cost

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Two-Bedroom
Selling from 1,290,000

Unit Sizes 42 sqm
2 Bedroom + 1 Bathroom
Various Floor Units Available
No Transfer Duty • No Transfer Cost

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GET PROPERTY FINANCING
WITH BRIDGEGATE INVEST

Bridgegate Invest offers a full end-to-end property financing service, in partnership with MortgageMax of the BetterHome group, to assist investors in securing financing. Our team will handle the mortgage bond application process, ensuring you receive competitive rates and a smooth approval experience.

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The Location

Pinelands in Cape Town is a rapidly growing area with promising real estate investment potential. Known for its lush greenery and family-friendly atmosphere, Pinelands offers a unique blend of suburban tranquility and urban convenience. The neighborhood is well-connected, with easy access to major highways and public transportation, making commuting to the city center or other parts of Cape Town straightforward.

One of the key factors driving growth in Pinelands is its strong rental market. Properties here offer attractive rental yields and the demand for rental units is high, particularly due to the area’s proximity to educational institutions like the University of Cape Town and several reputable schools. Additionally, major shopping centers such as Century City and Howard Centre are nearby, enhancing the appeal for both renters and buyers 

Pinelands also benefits from ongoing infrastructure developments, including the construction of new transport links and community amenities. These improvements are expected to boost property values and rental demand further. The area’s robust community infrastructure, including parks, medical facilities, and retail centers, adds to its attractiveness as a residential area

Investing in Pinelands offers the potential for significant capital growth and stable rental income, making it a smart choice for property investors looking for long-term returns in Cape Town.

What to do next

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What to do next

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Frequently Asked Questions

Bridgegate Invest is a streamlined platform for property investment. You can sign up for free to access curated real estate opportunities focused on rental income, capital growth, or stability. Each property profile provides location details, financial projections, and developer insights for informed decisions.

Reserve properties securely online, with contracts signed directly with developers for full transparency. Track your investment performance through a personalised dashboard, monitoring rental income, property value, and overall portfolio growth.

Future tools, like a Financial Tracker, will enhance cash flow and return management. VIP members enjoy exclusive perks, including early access to premium deals and personalised strategies. Bridgegate Invest offers a comprehensive, convenient solution for building wealth through real estate.

Bridgegate Invest is designed for individuals seeking smart, data-backed property investment opportunities. Whether you’re a seasoned investor looking to diversify your portfolio with high-quality real estate or a first-time investor eager to access premium property deals, Bridgegate Invest provides the tools, insights, and services you need to make informed decisions. The platform caters to those who value transparency, performance tracking, and the flexibility to invest in properties across high-demand markets.

Bridgegate Invest currently specialises in offering premium, in-demand property investments in South Africa and the UK.

At present, Bridgegate Invest focuses on direct property acquisitions, offering investors the opportunity to purchase whole property units in top-performing markets. We partner with reputable developers to bring prime real estate opportunities to our customers.

Creating an investor profile allows you to access all features of the platform, including detailed investment analytics, performance tracking, and liquidity options. It also enables secure management of your investment portfolio.

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None of the information on our website (“Site”) should be construed as investment, financial, tax, or legal advice. The information on the Site has been prepared by Bridgegate Property Group (“Bridgegate”) and its’ subsidiaries, without reference to any particular individual’s investment goals or financial situation and contains summary information relating to property investment opportunities that is qualified in its entirety by reference to the more detailed discussions contained in the respective offering materials. You are encouraged to consult with tax, legal, and financial professionals before making any investment decisions.

By using the Site, you agree to the Bridgegate Terms of Use and Privacy Policy. For more information about our Site and Offerings, you should review our Important Disclosures. Bridgegate does not offer fractional ownership with dividends. All property sales are individual transactions, and any references to investment opportunities are related solely to the purchase of individual properties. Past performance is not indicative of future results, and no representation is made that any investment will or is likely to achieve profits or losses similar to those achieved in the past or that significant losses will be avoided. If you have any questions or need further clarification, please contact our customer service team for assistance.

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Castle Rock,
Cape Town

Castle Rock, Cape Town

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