Rawson Developers, having already completed over 500 sectional title residential units in the Rondebosch/Claremont precinct, have acquired yet another site in this area that they find so suitable for developments – and they hope by September this year to be able to launch a further development, this time with 185 apartments.
The site is situated between Brook Street and Grove Avenue and has an L-shaped formation. Rawson Developers’ acquisition, for which they paid R38 million, covers 2448 m2 on the back section of the site. The deal was negotiated by Rawson Developers’ Chairman, Bill Rawson and their Strategist/Marketing Manager, Trevor Weston-Green. On the site they plan to erect an 11 storey block in which the apartments will be suited to middle and upper income buyers, says Paul Henry, Managing Director of Rawson Developers. At this stage, he predicts, the prices of the units will range from approximately R 800 000 to R2, 4 million.
“We already know from our many previous projects in this area (Rivers Edge, Rondebosch Oaks and The Rondebosch) that demand for quality, well-appointed units here is very strong, especially from buy-to-let investors, university students, their parents and, surprisingly, those who are looking to downscale from larger homes all around the Cape Peninsula,” says Henry.
Rawson Developers will again be using Gordon Hart as their architect. He has, says Henry, shown a real flair for being able to design units that genuinely maximize the use of available space and are light-filled year round.
“A big plus factor on this project,” says Henry, “is that most of the units will have the same 180 degree views of the southern spine of Table Mountain, that have made certain other projects in this area so very attractive to buyers.”
The development’s close proximity to Cavendish Square and the fact that it is on the UCT shuttle bus route are also, he says, bonus points. Security, he promises, will be given a very high priority: the foyer will be manned and guarded 24 hours a day and anyone entering the building will have to undergo biometric screening before they are able to have access to the lifts and the apartments.
“A very big advantage of this new development,” says Henry, “is that it is already zoned for residential development and is exactly the sort of building that the City of Cape Town had hoped to see erected here. This is one occasion on which we believe there will be no objections – a big relief.”
Rawson Developers is also now in the final approval stages of a 41 unit development at the Marist Cricket Club in Park Road, Rondebosch, where they have been through a four year planning and re-planning exercise to meet and accommodate objections.
