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Another sold out development in Century City

RABIE’S NEW DEVELOPMENT IN CAPE TOWN’S SMART CITY

Rabie celebrates another sold development in Century City with the last unit in Nine Palms finding an owner.

“Nine Palms was very well received from the start,” says Mariska Auret, Director at Rabie and Project Director of the development. “We had record sales at launch, with the last unit sold before topping out on the structure.”

With construction commencing in September 2022 and well underway, residents can look forward to enjoying the smart city lifestyle from the beginning of 2024.

Nine Palm’s three blocks envelop a central landscaped parking courtyard and magnificent large private north-west facing garden, showcasing the existing nine feature palm trees of the old Ratanga Junction entrance, connecting directly to a new public piazza on the revitalized urban wharf edge.

These nine palm trees, more than 20 years in age, form the centrepiece and identity of the design of the development, adding real value to both the private and public spaces.

“In addition to the great location next to Ratanga Park and all the amenities nearby, Nine Palms was designed with environmental sustainability in mind,” continues Auret. “Our sustainable design is aimed at achieving EDGE certification which includes green energy initiatives, sustainable water solutions such as recycled effluent for irrigation, reduced utility costs and water-wise landscaping. Another substantial aspect of the buildings is that it has full back-up power to all common areas and all apartments, which means that load shedding will not affect residents.  These two important design aspects will be continued in our future developments.”

Nine Palms Lounge - Rabie Property Group
Nine Palms Dining - Rabie Property Group

With rentals being in high demand in the node, Century City remains a great choice for investors.

“We are seeing a younger purchaser emerge, with interest from around the country and Africa,” says Devon Usher, Director at Property World responsible for the sales of Nine Palms. “Cape Town remains an aspirational and bankable destination and Century City a great long-term investment.”

Not resting on any laurels, Rabie is gearing up to launch a new development soon on the site adjacent to Nine Palms.

“Building on the success of Nine Palms, we’re looking forward to releasing On Park, a modern apartment building that will make the best of its location on the banks of Ratanga Park and its tranquil water body.” says Auret.

Interested parties can register their interest for On Park here:  https://rabie.co.za/onpark/

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