Estate Living Magazine Investment - Issue 34 October 2018 - Page 30

The Premier Madison Place top-of-the-line security including biometric access control, 24- and also be able to benefit from the tax savings that being located in hour security, electric fencing, CCTV cameras, etc., and also fibre the Urban Development Zone offers,’ he says. connectivity in all our buildings,’ he adds. A minimum of one parking space is available per unit at all Rawson Morgan anticipates a robust value growth in Rawson Developers’s Developers’s properties, even though the Uber movement continues offerings over the next few years. ‘Obs is close to UCT and Groote to gain traction in Cape Town. ‘The Uber trend is strong, and in five to Schuur Hospital, and not far from the CBD and the Waterfront. There 10 years, the picture will look quite different, so transport costs may is not a lot of available land left in the Southern Suburbs. Ultimately, come down. We are not quite there yet,’ he adds, ‘so for now we need over time many of the run-down buildings between the CBD and Obs to provide parking.’ will be developed or refurbished to cater for the additional demand for accommodation near the CBD.’ Rawson Developers has a few other popular developments in Cape Town, including Eighty-Two on Harfield and Three Fountains in Rawson Developers is busy with the constuction of The Winchester, Kenilworth; The Premier, The Rondebosch, Rondebosch Oaks and also in Observatory. It was launched in February last year, with units the recently launched Rondebosch Oval in Rondebosch; and The priced from R1.5 million. ‘We saw the beginning of the slower Beaumont, near Cavendish Square. capital growth in Cape Town at the time. But still, we sold those units quickly. So the capital growth in Cape Town may have tapered off, Helen Grange but the market is not weak, and investors should see good returns, The Premier 28 |