PHASE 1 SOLD OUT - PHASE 2 NOW SELLING

Own a home from R499 000

LOCATED IN THE FAST-GROWING CAPE TOWN SUBURB OF SUNSET GLEN

Blue Rise Village will transform the quality of life for those looking for affordable housing in a village setting with its own Shopping Centre, Lifestyle Centre and Early Learning Centre.

When completed the village will consist of 423 units, ranging from one-bedroom houses with one bathroom to two-bedroom and three-bedroom houses.

All houses will have private gardens, while some houses can also be expanded with extra rooms, en-suites, garages and carports. Prices range from R499 000 to around R849 000.

Blue Rise Village offers FLISP subsidised housing. Receive a subsidy of up to R121 626 free with no payback.

Location

Blue Rise Village is only 4,7 km (7 minutes) km from Zevenwacht Mall, 2,4 km (5 minutes) from the Blue Downs Centre with Shoprite as anchor tenant, and less than 1 km from the Blue Downs Magistrates’ Court, within easy reach of Bellville, Kuils River and Stellenbosch town centres as well as Cape Town International Airport.

Blackheath: Commercial & industrial node is a few blocks away, making Blue rise an ideal accommodation option for those employed in the area.

The strategic site offers magnificent views of the nearby Stellenbosch mountain range and Table Mountain in the distance, and is close to local amenities and main access roads, including the N2, R102. R300 & Stellenbosch Arterial.

Why live-invest in Blue Rise Village

RAPID GROWTH NODE

Blue Rise Village will provide much needed well priced houses for the rapid expanding commercial and industrial nodes of Cape Town International Airport,  and the adjacent Blackheath Industrail area of Kuilsriver .

Blue Rise Village is located between the well known Old Mutual – Bella Donna Estate and the well established community of Austinville. The latest Lightstone Report on property transferred in Bella Donna and Austinville,  shows a 59% to 137% growth in value.

At Blue Rise Village you can now own a house up to 49% lower than the average selling price for the area, making this the perfect priced property to live-invest in.

Investment benefits
Comprehensive End-to-End Rental Management
Projected yearly income from
R 49800
Houses selling from
R 499000
Net ROI up to
9.98 %
20 % Discount
first 5 cash purchasers

Site Development Plan

Choose your Unit

This development is well priced and positioned to add to your property portfolio.

Type 1

1 Bedrooms, 1 Bathroom
R499 000
  • One level own title with expansion option
  • Unit area - 34m²
  • Private garden
  • 1 Parking bay / Garage optional

Type 2

2 Bedroom, 1 Bathroom
R699 000
  • One level own title
  • Unit area - 44m²
  • Private garden
  • 1 Parking bay / Garage optional

Type 3

2 Bedroom, 1 Bathroom
R599 000
  • Duplex own title
  • Unit area - 46m2
  • Private garden
  • 1 parking bay / Garage optional

Type 4

2 Bedrooms, 1 Bathroom
R699 000
  • One level own title with expansion option
  • Unit area - 45m²
  • Private garden
  • 1 Parking bay / Garage optional

Type 5

3 bedrooms, 1 Bathroom
R849 000
  • One level own title with expansion option
  • Unit area - 59m²
  • Private garden
  • 1 parking bay / Garage optional

Pricelist

Gallery

What is the Finance Linked Individual Subsidy Programme (FLISP)?

Receive a subsidy of up to R121 626
Free – no pay back

Blue Rise Village offers housing that  conform to the government’s Finance Linked Individual Subsidy Programme (FLISP). 

The FLISP program is a housing subsidy for first-time home buyers to assist with purchasing a home. The subsidy is paid to your bank or financial institution and will reduce your monthly loan instalments, making it more affordable to purchase a home. 

What do I need to qualify for FLISP?

You qualify for this subsidy if:
  • You earn between R3 501 to R22 000.
  • You are a South African citizen or have permanent residency.
  • You have not received a government housing subsidy before.
  • You have not owned fixed residential property before.
  • You are competent to contract – over 18 years.
  • You are married or cohabiting.
  • You are single with financial dependents.

We will assist with your FLISP application

Once your home loan is approved, a FLISP application can be discussed with your bank, financial institution, the Department of Human Settlements, or your nearest municipality. Interested applicants can also visit or call the Department of Human Settlements’ Helpdesk.

What is the subsidy amount that one can qualify for?

The subsidy amount depends on the income of the applicant and ranges between R27 960 – R121 626.  Download the brochure to view the sliding scale to determine the subsidy for different income brackets or use our calculator.

Have a Question?

Contact us

If you are considering an investment or a lock-up-and-go lifestyle opportunity, this development is ideal with the perfect location. Contact us today to assist you in acquiring one of these investment units.

Reserve your unit today!

Complete the form below and one of our Investment Specialists will call you. back to discuss this investment opportunity.