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Rhapsody, our first development of 2023

Quick out of the blocks in 2023, Rabie will be launching an exciting new development in Burgundy Estate on 28 January.

Building on the success of two sold-out sectional title developments in the last two years, Rhapsody will be a secure complex consisting of low-rise apartment blocks in a lush green setting.  With a communal swimming pool and generous open space, you can leave the rush of the city behind.

“Rhapsody appeals to the first-time home buyer and investor alike,” says Miguel Rodrigues, Director at Rabie.  “With a starting price of R1,06 million, no transfer duty payable and the proven track record of our previous similar developments, Rhapsody is a great opportunity to enter the property market or to increase an existing property portfolio.”

Aldo Strumpher, Development agent at Property World explains that the rental market at Burgundy Estate is very healthy, presenting a positive outlook for investors. “Since the launch of the last new sectional title development in Burgundy Estate in October 2021, property prices have increased by 15%! With the continuing rise of the current market cycle and the ever-growing trend in semigration to the Western Cape, we see this increase in property values to continue well into the coming years.”

Rhapsody will consist of 96 apartments, ranging from one bedroom, one-bathroom units to two-bedroom, two-bathroom units.

“Burgundy Estate is the ideal multi-generational walled precinct if you’re looking for adding balance to your life.  It has something for everyone with a convenience shopping centre, three schools, several restaurants, and a mashie golf course.”

The launch will take place at Quinta Estate, with the intention that prospective buyers can experience Rabie’s most recent development upon which Rhapsody is based. In addition to the security aspects, swimming pool and central green open space, comparative apartments will be available for viewing on the day.

“Interested parties can join us between 10:00 and 14:00 at Quinta Estate in Pinot Blanc Road, Burgundy Estate. Our agents will be able to answer all questions and a bond originator will also be available should buyers need advice on applying for finance.”

The Rhapsody website will go live in the week of the launch.

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