Rawson Properties franchise for Fish Hoek and surrounding areas, owned by Leon Bosman and Cathy Baker, has established a new higher profile branch office in Simons Towns most prestigious and most central commercial building, The Boardwalk centre, which abuts Jubilee Square and overlooks the fishing harbour and yacht basin, both of which are clearly visible from the franchises offices.
'The position could not be better,' said Bosman recently. 'We are on Simons Towns main road, St Georges Street, and we benefit from all the visitors that come to this building which has an impressive range of curio and other shops as well as a restaurant and coffee shop'
The premises cover 45m² and the lease, which is for three years and is renewable, has a cap value of ±R500 000. The office currently accommodates four agents.
Simons Town, said Bosman, is still one of the Capes undiscovered gems and only those who live or regularly holiday there, he says, can fully appreciate what it has to offer.
'The town still has a village atmosphere and a lively community spirit with active historical and music societies.
'About 90% of all homes in Simons Town have sea views and are in elevated positions, and many are large and beautifully designed. Similar homes in Camps Bay would cost at least double what is asked here '“ and if they were in Clifton they would be priced four times as high'
The price range of typical Simons Town homes, he says, is R2 million to R4,5 million (with some going far higher) and the majority of recent sales have been just above R2 million.
'These prices,' he said, 'are actually still at 2007 levels. There has been only minimal price growth since then '“ but, as there is almost no land available here for new projects, an upturn is bound to see the value of existing stock rise appreciably'
At least 20 Simons Town homes, said Bosman, are right now good buys and these can be previewed via virtual tours on www.rawson.co.za/simonstown.
'We have sole mandates on most of them and at prices of R1,1 million to R4,3 million, with one estate at R6,5 million, are very competitively priced.
For further information contact Leon Bosman on 021 786 4755.
