Estate Living Magazine New Beginnings - Issue 37 January 2019 | Page 18

P R O P E R T Y
&
Which is where Rawson Developers came in to bat. ‘We proposed
a development to the Alma Marist Cricket Club that would retain
the oval and bowling green, upgrade the clubhouse, and offer a
unique estate to families wanting security, style and access to an
exclusive, comfortable lifestyle that comes with living in this part of
Cape Town.’
I N V E S T M E N T
As result, he says, the whole precinct is
feeling the positive effects. ‘With strategically
positioned digital HD CCTV cameras in all
corners of the property’s perimeter, and
gorgeous indigenous landscaped verges,
the Rondebosch Oval development has
rejuvenated the area around it.’
He says having an upmarket development
such as this on people’s doorsteps has also
upgraded property prices in the immediately
vicinity. ‘Houses directly around the estate
have been positively influenced.’
Morgan says that while developers are still,
at this stage, operating within a ‘stagnant’ property market while
waiting for the ‘green shoots’ to take hold, the Southern Suburbs –
and Rondebosch in particular – will always ‘stay in fashion’.
In its favour, says Morgan, is ‘limited supply and demand’ in this
popular suburb. ‘There is no more land in Rondebosch for another
lifestyle estate. For this type of estate, you would have to go to