FAQs

A: 8 Scholtz Road, Three Anchor Bay, Atlantic Seaboard

A: 14 sectional title units are for sale.

A: 3 studios, 5 one-bedrooms, 3 two-bedrooms, 2 two-bedroom penthouse suites and 1 three-bedroom penthouse.

A: Yes, there is a communal pool, braai and sun deck on the third floor.

A: Completion is anticipated for Q2 2027.

A: Yes. Levies are payable monthly, ranging from R2,200 – R7,500 / month, depending on the apartment selection.

A: Yes – as approved by the Body Corporate.

A: To purchase your unit of choice, please follow these steps:

1. View Unit: Browse through the available units and view the detailed floor plans and sales cards for each option.
2. Contact Our Sales Agents: Reach out to our sales agents who will guide you through the purchasing process and answer any questions you may have.
3. Secure Your Unit: Once you’ve selected your preferred unit, our agents will assist you in securing it and provide all the necessary details to finalise your purchase.

Feel free to contact them directly for more information or to schedule a viewing.

A: All monies paid in respect of the purchase will be invested in the conveyancer’s trust account and all interest earned on the money will accrue to the purchaser until the transfer date.

A: Darren Brander at STBB Cape Town.

A: For a bonded purchase, a 10% deposit is required after full signature of the agreement, with the balance of the purchase price to be secured by a bond within 35 days from signature of the agreement. Alternatively, you may structure the deal as a cash purchase, and pay a 30% deposit, with the balance prior to lodgement.

A: There is no transfer duty as this is a developer sale and therefore the purchase price is inclusive of VAT. There will be transfer and bond (if applicable) costs that will be due to the attorneys. Should you wish to obtain an estimate of these costs, feel free to reach out to us and we can arrange a quote for you.

A: Yes, The Aurora is both long-term and short-term letting friendly. Horizon Capital Residential and Horizon Stays offer both long-term and short-term residential property management services respectively. Please feel free to get in touch with us for more information on rental yields and projections, both long-term and short-term. For more information, please contact one of our agents.

Aidan Robertson – arobertson@horizoncapital.co.za

Lyn Sedgwick – lsedgwick@horizoncapital.co.za

Olivia Burger – oburger@horizoncapital.co.za

A: Municipal rates and utilities.

A: Monthly rates and taxes are estimated to range from R1,400 to R3,500 based on the current City of Cape Town Rates Factor (2024/2025). Monthly rates and taxes for the Penthouses are estimated to range from R4,100 – R11,000.

A: Each apartment has a hot and cold water meter, with an owner being billed based on usage on their levy statement once a month. The electricity is a pre-paid meter.

A:  Yes, for the penthouse only. The penthouse suites come with a storage pod.

A: The monthly levy includes the security, common area cleaning, swimming pool maintenance, managing agent fees, general maintenance of the common areas, lift servicing, building insurance, landscaping maintenance, common area electricity and water charges and all other expenses related to the scheme.

A: The Aurora security features include secure parking for all, CCTV, armed response, access control and electric fencing.

A: Yes, secure off-street parking is included in the purchase price of every apartment in The Aurora.

A: Every apartment is fibre-ready at completion. Sign up with your preferred service provider upon occupation.

A: We have a recommended bond origination company, BetterBond, that can assist you with your bond application. BetterBond is able to send your bond application to each of the commercial banks to ensure that you obtain the most competitive interest rate and their service is of no charge.

Joanita Santos – joanita.santos@betterbond.co.za
+27 (0) 82 576 4887

Team Santos – Team.Santos@Betterbond.co.za
+27 (0) 84 555 7741