Property developer Staytus Collection will build 700-plus residential units around Boland Park next year.
The Boland Oval development is being done in partnership with Cricket Boland.
“Property developer Staytus Collection is excited to announce its groundbreaking partnership with Cricket Boland, bringing a unique property development initiative, Boland Oval, to life in 2024,” read a statement from Staytus Collection.
“Boland Oval is set to redefine living in the stunning Cape Winelands, making it a remarkable one-of-a-kind lifestyle estate in the heart of Paarl. Not only is it the first of its kind in the region, but it’s also the only one of its kind in all of South Africa, perfectly nestled around an international sports arena.
“This visionary estate seamlessly integrates with the Boland Park Cricket grounds, offering residents open access to the grounds and the excitement of live matches. The completed development will be home to a state-of-the-art, internationally renowned hotel, complete with all its amenities, and the Boland Oval Shopping Centre, all at its doorstep.
“Spanning approximately 20 hectares with 20,000 m² of commercial and retail spaces, the property boasts 726 residential units, including around 100 luxury crescent apartments that offer unparalleled views of the iconic cricket oval.
“Starting at an attractive price of R979,500 (VAT inclusive), this development presents a golden opportunity for first-time buyers and savvy investors. It’s especially enticing given the surging demand for rental properties due to semigration in the Western Cape, which recently reached an all-time high of 30.4%.
“Boland Oval’s mantra is simple: live, play, and stay. It caters to diverse lifestyle preferences and needs, offering a wide range of recreational, sports, and retail facilities for residents.
“In addition to the extraordinary lifestyle within the estate, future residents will have the privilege of living in the enchanting Cape Winelands, one of the most coveted regions in the country.
“Stellenbosch and Franschhoek, two picturesque South African gems, are just a stone’s throw away. Furthermore, thanks to its strategic location, it’s only a 40-minute drive from Cape Town, making city life within easy reach.
“Paarl, as the regional hub and commercial centre of the Boland, offers an array of amenities, including multiple shopping centres, top-notch schools, state-of-the-art medical facilities, three golf courses, and much more. It’s no wonder it’s the top choice for South Africans moving to the cape.
“The official launch of this remarkable project will take place on 1 November at the Boland Park cricket grounds in Paarl. Further launch events will be hosted during November across the country where prospective buyers and investors will be able to secure their apartments at launch prices.”