Source: Supplied.

Cape Town's southern suburbs, in particular, have experienced a surge in demand, resulting in reduced time properties spend on the market.

The reason for this shift is due to the predicted mid-year reduction in interest rates by the South African Reserve Bank (Sarb), as inflation slows, and the recent general elections that potentially could result in a national coalition government, offering new prospects to South Africa's challenges.

Set in the bustling green heart of Wynberg and a stone's throw from Chelsea Village, Nova offers a dream of luxury living within reach, priced from R1,995m.

We are seeing a trend of younger buyers looking for smaller living spaces that are more affordable and easier to maintain, and this is driving current demand for apartments and townhouses, as well as for luxury properties in high-density, urban areas.

Nova's bespoke development features 14 meticulously-crafted apartments, ranging from two one-bedroom duplexes, nine two-bedroom, two-bathroom units and three luxurious penthouses with private entertainment roof decks.

A communal rooftop entertainment deck boasts a swimming pool to cool off in summer, accompanied by braai areas designed for relaxation and social gatherings, while enjoying the stunning views of Table Mountain and surrounds.

Each apartment is equipped with Bosch appliances and offers high-speed fibre connectivity, a necessity for all one's digital needs. The building is also pet-friendly, a plus for those enamoured with man's best friend, and features access control, secure parking and optimal premium upgrades like engineered oak flooring and back-up power solutions. Every detail at Nova is designed to enhance one's living experience.

With local convenience continuing to influence residential choices, Nova is suitably located with direct access to a variety of shops, delis, parks and is one of the main transport hubs in the Southern Suburbs, giving residents and foreign visitors easy access in and around Cape Town.

Wynberg: A thriving hub

Wynberg is increasingly sought after by young working professionals with families, as it's a catchment area for a number of good government and private schools.

We are now seeing a large number of home renovations happening and new businesses opening, which is resulting in a general upgrade of the area and is breathing new life into the suburb.

Nova is also located close to the Old Wynberg Village, a well-known urban conservation area that houses one of the largest collections of historic properties in and around Cape Town.

In addition to the Old Wynberg Village, Wynberg is close to several other popular locations, including the Kirstenbosch National Botanical Garden, Rhodes Memorial and the Maynardville Park Open-Air Theatre, leaving no surprise that residential properties in the Wynberg area are desired by locals and visitors alike.

Don't miss your chance to secure an elegant home in one of Wynberg's most sought-after developments. Join us for the sales launch on Tuesday, 25 June 2024 at 1pm to take advantage of the R100,000 launch discount and begin your journey at Nova - where luxury meets convenience in the heart of Wynberg.

Offering sectional-title purchase with no transfer duties applicable, with only a 10% deposit required. The estimated completion date is 2025.