R50 000 DEPOSIT
from R2 million
No transfer COst
Frequently asked questions
WHICH MUNICIPAL BODY GOVERNS THIS AREA?
City Of Cape Town Metropolitan Municipality.
HOW DO I GET INTERNET CONNECTION, TELEPHONE CONNECTION AND SATELLITE?
Each home is fitted with Fibre to the home and a Gateway Terminal Unit and Optical Network Terminal. Owners will have to independently contract with an Internet Service Provider to connect to the fibre.
CAN I USE MY OWN ARCHITECT FOR AMENDMENTS TO MY HOUSE?
Yes, within the architectural design guidelines
HOW MUCH IS THE MONTHLY LEVY?
The monthly levy is calculated based on each unit size. As at October 2022, the monthly levy is estimated to be at R1 080.
WHAT SECURITY MEASURES ARE IN PLACE FOR THE PROTECTION OF RESIDENTS?
Advanced access control with 24-hour onsite security guarding, electrified fencing and CCTV.
WHAT IS THE RESIDENTIAL BUILDING’S WARRANTY?
The building warranty is based on the NHBRC standard.
WILL I BE ALLOWED TO RENT OUT MY PROPERTY?
Yes, owners may elect their own estate agents to manage the rental of their property.
WHEN WILL CONSTRUCTION BEGIN AND END?
Stonepine Crescent is being developed in a phased approach. Construction will begin in 2022 and you will be able to move in when your phase is complete, and transfer has taken place. Construction of the entire estate is estimated to be completed in 2025.
WHERE ARE THE NEAREST SHOPS, HOSPITAL, BUSINESS AND EDUCATION NODES IN THE AREA?
Stonepine Crescent is situated close to Haasendal Gables Shopping Centre, Langverwacht Mall and Zevenwacht Mall, as well as a short drive from Netcare Kuils River. Top-rated schools in the area include Curro Private school, De Kuilen Primary and High School, and Kuils River Primary School.
WHERE CAN I HANG MY WASHING?
Each home has a dedicated drying yard.
AS AN OWNER, WILL I HAVE ACCESS TO ALL THE FACILITIES?
If you are residing within the development you have full access to the parks and facilities onsite, however, if you do not reside at the estate and rent out your home, you will not have access to these facilities.
WHO IS RESPONSIBLE FOR ELECTRICITY, WATER AND PROPERTY RATES PAYMENTS WITHIN THE RESIDENTIAL COMPONENT?
The owner has independent accounts with each of the service providers and will be directly responsible for each.
WHICH MUNICIPAL BODY GOVERNS THIS AREA?
Yes, both cats and dogs are allowed within Stonepine Crescent, however, a strict pet policy will be implemented by the Homeowners Association.
WHEN WILL I BE ABLE TO MOVE INTO MY HOME AFTER COMPLETION OF CONSTRUCTION?
You will be able to move into your home once a council Occupancy Certificate has been issued.
WILL THE BUILDING HAVE A NHBRC CERTIFICATE?
Yes, each home will have a NHBRC certificate.
WILL THERE BE AIR-CONDITIONING IN THE RESIDENTIAL UNITS, OR WILL I BE ABLE TO INSTALL MY OWN?
Owners can install air-conditioning in line with the architectural design guidelines.
HOW IS THE RESIDENTIAL PROPERTY OWNERSHIP MANAGED?
The scheme will be managed by a Homeowners Association
WHAT FIRE PROTECTION SYSTEMS ARE IN PLACE?
The estate will be fully compliant with the local fire safety requirements. All SANS fire requirements will be put in place.
HOW MANY PARKING BAYS ARE AVAILABLE?
Each unit comes with a single or double garage space.
Purchasing process
Follow these simple steps to plant your roots in Stonepine Crescent
1. Select your home:
Review the materials online and look through our unit plans to find the home that is right for you.
- 2-bed freestanding home
- 3-bed freestanding home
2. Pre-qualify:
Get pre-qualified to confirm how much you qualify for.
3. Choose your purchase avenue:
Browse through our options, purchase online through our secure website or purchase directly with a sales agent at our sales office onsite.
4. Sign offer to purchase (OTP):
Read through the terms and conditions of the OTP and sign.
5. Pay deposit:
Pay your R50 000 deposit.
6. Get your FICA paperwork together:
- Copy of ID
- Proof of residence
- Income tax number verification
- Proof of bank account
7. Submit your home loan application:
Apply for your home loan and get approved.
8. Select finishes:
Choose your finishes from various available options.
9. Handover:
Once construction is complete, you can take transfer of your property. We will officially hand over and you can move in!
R50 000 Deposit
from R2 million
No transfer COst
Pricing and legal
1. Price List & Availability
The latest price list and availability schedule are available here:
- at the on-site sales office;
- online at www.stonepine.co.za (“Website”)
- from the selling agent (Rowan Alexander) at
ROWAN@ASPROPERTY.CO.ZA | 082 581 3116
3. Transfer & Bond Costs
The Seller shall pay the transfer fees to the Conveyancers
The Purchaser is liable for payment of bond registration costs
3. Transfer & Bond Costs
The Seller’s appointed conveyancers are STBB (Claremont)
3. Transfer & Bond Costs
The sale agreement is available for download at www.stonepine.co.za
Kindly ensure that you have read and fully understand the terms and conditions before signing the sale agreement.
Please discuss any questions you may have with the selling agent.
2. Payment Terms
Reservation Fee
R5,000.00 (five thousand rand) per property is payable to secure the reservation thereof. See the Website for the full set of terms and conditions relating to the reservation fee.
Deposit
R50 000
OR
30% (thirty percent) of the Purchase Price • Payable within 2 (two) Business Days of the Purchaser signing the sale agreement.
Balance of Purchase Price
If the Purchaser pays a R50 000, the balance of the purchase price is to be secured within 30 (thirty) days of the date of
signature of the sale agreement by way of:
- a cash payment to the Conveyancers; or
- an irrevocable bank guarantee; or
- a mortgage bond.
If the Purchaser pays a 30% deposit, the balance of the purchase price is to be paid/secured at least 90 (ninety) days prior to the occupation date by way of:
- a cash payment to the Conveyancers; or
- an irrevocable bank guarantee.
Pre-qualification: It is advisable that the Purchaser obtains pre-approval for mortgage bond finance prior to signature of the sale agreement.
Pending transfer all amounts paid by the Purchaser towards the Purchase Price are held in the Conveyancers’ trust account in accordance with the provisions of section 86(4) of the Legal Practice
Act.
