Estate Living Magazine New Beginnings - Issue 37 January 2019 | Page 16

P R O P E R T Y & I N V E S T M E N T ESTATE HAT-TRICK REAL ‘Location, location, location’ is just one – or is that three? – of the Rondebosch Oval Lifestyle Estate’s many attractions. ‘Supply and demand is a huge part of property sales,’ says Rawson Developers’s marketing director Brad Morgan about the Rondebosch Oval secure lifestyle estate in Cape Town’s leafy southern suburbs. Mix the ‘supply and demand’ idea together with the age-old property maxim, ‘location, location, location,’ and combine this with the benefits of the development to the surrounding precinct, and you could call the new 41-home estate, which incorporates a historic 120-year-old cricket oval, a real-estate hat-trick. Close to Cape Town’s best-performing schools, including Bishops, Westerford, and Rustenburg Girls’ High, as well as UCT’s main campus and the Rondebosch Common, and a short drive to major highways leading to the city, the only estate in the country built around an active cricket and bowls club is ready to take advantage of the anticipated green shoots in South Africa’s property market. ‘Property in South Africa is the cheapest it’s been in decades,’ says CEO of Ennik Estates, Ronald Ennik.