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Landing on the streaming service on 20th May, the series looks set to deliver a number of ingredients that defined the hit noughties show, from themes of wealth and identity to a cast of competitive elite students.
Even the maroon private school uniforms are giving us serious Gossip Girl vibes.
But this isn't Constance Billard School for Girls, and we aren't on the Upper East Side.
Instead, the trailer drops us in Cape Town, where we follow 16-year-old Puleng Khumalo (Ama Qamata) as she joins the imposing Parkhurst College, a prestigious inner-city school for academic overachievers.
This is no ordinary college. Within the grand architecture and landscaped grounds, rich kids run wild.
It soon becomes apparent that Puleng feels like an imposter in her surroundings.
"Where are you from?" quizzes one student.
"Certainly not from the same places as people around here," replies Puleng.
"Welcome to the jungle," grins the fellow scholar.
Cut to Puleng forging a friendship with Fikile Bhele (played by Khosi Ngema), who other students refer to as "a genuine influencer."
Through Fikile, Puleng has access to a new world of exclusive parties, private member's clubs and pool houses, but at what cost?
"My friends don't even know the real me," Puleng says, at one point. "With Fikile, I have a fresh start."
What follows is a montage of encounters with the police, steamy romantic moments and Blair and Serena-level cutting dialogue, including the statement that "rich people can't be dodgy."
In another scene, Puleng is warned by a pupil that she should, "Best know her place." Ouch.
Heads up: there's a major plot-twist. Puleng has an ulterior motive.
In the official description of the show, Netflix explain that the lead character has "engineered her transfer to the school to investigate the 17-year-old cold case of the abducted-at-birth older sister she's never met."
There's a whole lot more at stake than school status and book smarts, then.
"Is it always this hectic?" Puleng asks another student, sitting on the steps of the college.
He nods in reply: "Pretty much."
Netflix, get us to Parkhurst College immediately.
Blood & Water lands on Netflix 20th May.
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