Welcome to The Residence
A PLACE TO LIVE, WORK, PLAY & ENJOY
The Residence is situated in the well-established suburb of Parklands on the Western Seaboard of Cape Town. It has a prime location with easy access to major highways and roads and is a 30min drive to Cape Town International Airport and just 10 minutes from Blouberg beachfront.
Being just 30 minutes away from Cape Town CBD and on the MyCiti bus link makes The Residence a preferred choice for residents who work in the greater Cape Town CBD and the surrounding areas.
Building
The Estate offers brand new 1 and 2 bedroom apartments to rent making it perfect for young professionals, families or couples looking to downsize. The modern apartments have been designed with every convenience in mind.
After a long day, what better way to unwind than in the tranquillity and comfort of The Residence. The sleek design maximises the flow between the open plan kitchen and living area, so that you can cocoon on your coach as the delicious aromas of dinner drift past.
A DStv point makes plug and play simple, while a fibre internet point means that the option of working from home is virtually at your fingertips.
- 24hr security with biometric access control & manned guardhouse
- Communal green areas
- Braai area
- Kids play area
- Prepaid electricity & water
- “EDGE” certified building
- 1 x Parking bay per unit
- On-site crèche with preference given to residents
- Pet friendly
Units
The Estate is modern and offers 24hr security, communal green areas, braai area, and kids play area, with an extra benefit of an on-site crèche with preference given to residents. The units are EDGE certified with prepaid electricity & water.
The units on offer are 1 & 2 bedroom units with a full bathroom. All units include DSTV & Fibre points, open plan kitchen and lounge/dining room, a kitchen with ample storage, black granite counter tops and high-end quality finishes.
- 1 & 2 Bedroom units
- Bathroom with shower
- Open plan kitchen and lounge/dining room
- White Ceaserstone counter top in the kitchen with ample storage
- Kitchen with oven/hob and built in cupboards
- Quality high-end finishes
- Solar geysers
- Units have balconies
- DSTV & Fibre points pre-installed
Facts
Who is the Developer?
The development is brought to you by IHSPM Real Estate, part of International Housing Solutions (IHS), a leading private equity firm focused on green, affordable, and secure residential developments across South Africa.
What type of development is this?
The Residence is a secure, lifestyle-focused apartment estate offering sectional title homes ideal for first-time buyers, investors, and growing families.
Who manages the estate?
A professional managing agent and Body Corporate will handle daily management, maintenance, and financial administration.
Where is the development located?
The Residence is located at the intersection of Tryall Road and Whitehall Way in Parklands North, Cape Town—just 30 minutes from the CBD and on the MyCiTi bus route.
Which municipal body governs this area?
The area where The Residence Estate is located, which is Parklands North in Cape Town, falls under the governance of the City of Cape Town municipality. Specifically, it is part of the Burgundy Ward within the city’s broader metropolitan area.
Is this a growing area with good investment potential?
Yes, Parklands North is one of Cape Town’s fastest-growing nodes with increasing demand and strong capital appreciation, making it ideal for both homebuyers and investors.
Figures
How much is the deposit?
A R2500 deposit secures the reservation of a unit.
What income do I need to qualify for a bond, and what are the repayments?
Our in-house finance team can assist with a pre-qualification. Use our online pre-approval tool or contact our sales team for personalised assistance.
What are the monthly levies and Rates?
Levies: From R825 per month
Rates: From R250 per month
What rental income can I expect?
2 Bed, 1 Bath: ±R 9,100 /month
2 Bed, 2 Bath: ±R 9,400 /month
What Bond and Transfer costs?
Bond & Transfer costs are from R74 819, but these are included in the purchase price, offering significant savings.
Are there any additional fees to budget for?
Bond initiation fees may apply (charged by your bank), but there are no attorney or transfer fees, as they’re included in the purchase price..
When do bond repayments start?
Bond repayments only begin after the property has been transferred into the buyer’s name.
What kind of returns can I expect?
The Residence is ideal for buy-to-let investors, with gross rental yields up to 11.49%.
How many units are in the complex?
The Residence Estate has a total of approximately 240 residential units in the complex.
INVESTING
Do you offer rent to own options?
No, rent-to-own is not available.
What documents are required to apply for a bond?
You will need to provide:
A clear copy of your ID
Your last 3 months’ payslips
Your last 3 months’ bank statements
A credit score of 610+
Details of your monthly income, expenses, and existing debt
ARCHITECTURAL
Are these full title or sectional title units?
The units at The Residence Estate are sold under sectional title.
Are the units newly built?
Yes, the units at The Residence Estate are already built and ready for occupancy.
Are the units furnished?
The units are offered unfurnished.
Can I use my own architect for customisations?
Any modifications require approval from the Body Corporate, as the development operates under a sectional title scheme.
How long does the registration process take when you bought already?
Normally 3 months depending on the deeds office
Airbnb friendly?
The estate is not Airbnb friendly.
Can I install extras like air-conditioning or security bars?
Yes, subject to body corporate rules and design guidelines for uniformity and safety.
GREEN FOOTPRINT
What is Edge Certification?
EDGE Certification is a global standard for designing energy-efficient, sustainable buildings, reducing environmental impact, and offering benefits like lower costs and enhanced marketability.
BUILDING FEATURES
Are pets allowed?
The estate is pet friendly. Small breed dogs allowed
What security measures are in place?
24hr security with biometric access control & manned guardhouse
Is parking available?
Each apartment includes 1 parking bay.
Where can visitors park?
Designated visitors’ parking bays are available throughout the complex.
Are there laundry facilities?
Each unit has space for a washing machine, and there are designated drying yards in the estate.
How do I get fibre/internet set up?
The estate is fibre-ready. Simply connect through the appointed ISP, Linteq.
UNIT FEATURES
Is the water pre-paid?
Yes, at The Residence Estate, water is pre-paid.
Is the electricity pre-paid?
Yes, the electricity at The Residence Estate is pre-paid.
What unit types are available?
2 Bed, 1 Bath (56m²)
2 Bed, 2 Bath (64m²)
What are the apartment sizes?
The units at The Residence Estate include 1-bedroom apartments (40–50 sqm) and 2-bedroom apartments (60–75 sqm), offering modern, comfortable living.
What finishes can I expect?
Apartments feature:
Modern open-plan kitchens with engineered stone countertops
Quality tiling and fittings
Fibre & DSTV ready
Prepaid utilities
Solar-powered geysers
Can I buy to live in or rent out?
Yes — The Residence Estate is ideal for both owner-occupiers and investors. The estate includes units designed for sale and rental.
AMENITIES
What amenities are available to residents?
At The Residence Estate, you can enjoy a variety of amenities, including 24-hour security with biometric access, communal green areas, a braai area, and a children’s play area. The estate also offers prepaid water and electricity, an on-site crèche (with preference for residents), and is pet-friendly, making it a comfortable and secure place to live.
As an owner, do I have access to all the facilities?
Yes, all residents and owners have full access to the estate’s shared amenities.
Do you have play area outdoors?
Yes, The Residence Estate has a designated outdoor children’s play area. This safe and secure space is designed for kids to enjoy recreational activities, ensuring a family-friendly environment within the estate.
Shopping
- Sandown Retail 1.4km
- The Piazza 4.2km
Health
- Netcare Blaauwberg 2km
Transport
- Cape Town International 29.8km
- Blouberg rise bus stop 3.8km
- On the Myciti bus route
Business
- Complete IT Business Solutions (2.5 km)
- Zeelie Professional Accountants SA – Head Office Cape Town (2.8 km)
- The Avenues Business Park (3.8 km)
Leisure
- West Coast village 2.1km
- Blouberg beachfront 10min away
- The Piazza 4.2km
- Sandown retail 1.4km
- Teal bend park 1.3km
Education
- Close to private and public schools
- Sunningdale primary 1.3km
- Parklands College – Secondary 1.4km
- Elkanah House High School 1.5km
- Type AR 910,0001 BED | 1 BATH (SOLD OUT)
- Type BR1,090,0002 BED | 1 BATH
- Type CR 1,190,0002 BED | 2 BATH
