Estate Living Magazine Investment - Issue 34 October 2018 | Page 29

The Winchester
The Winchester
The Winchester
In an exclusive interview with Estate Living, Rawson Developers’s These smaller units are a logical way forward for developers in Cape
marketing director Brad Morgan said that, even in tough economic Town, he says, and they work optimally in mixed-use developments.
times, these developments are doing well, because the units are ‘The key to these smaller units,’ he adds, ‘is to make them special
compact but big enough for both students and young working inside, so that no space is wasted. People today are simplifying; they
professionals, and are thus attracting investors who can get much don’t need a lot of space, as long as the space is comfortable and
better value for money here than buying property closer to Cape optimally utilised, and the development has communal areas and
Town’s Atlantic seaboard. facilities like rooftop gardens and pool areas, gyms and work spaces.
These are an integral part of this relatively new concept.’
‘In The Paragon and Madison Place, the
one-bedroom
units
were
around
45 square metres, and the two-
bedrooms started at 60 square
metres. We are now looking to
Rawson Developers uses Home from Home to
manage investor units for short-term rental,
which some investors make use of. ‘It’s
similar to the hotel suite rental pool
launch another development concept, and these units do well from
in Obs, with smaller units a short-term rental point of view.
starting at around 30 square Some clients also manage their
metres, so that we can own short-term rentals via Airbnb
bring units to the market and similar platfoms.
at a more affordable price,
and cater to buyers who
‘Security and peace of mind are a
previously were not able to priority consideration at all Rawson
invest in new developments,’ Developers’s buildings. We have
says Morgan.
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