With sales of over R2bn and almost 1 500 units sold, Burgundy Estate has gained considerable focus as a thriving residential area.
Since getting involved as a joint venture partner with Nedbank six years ago, Rabie has sold over 1 200 homes totaling more than R1,4-billion. By adding well-designed, beautifully landscaped secure complexes in the precinct, the essence of the suburb has been transformed into an established and well-maintained living and breathing space for all ages.
With three interest rate cuts in 2020 thus far, the prime lending rate is the lowest in 35 years at 7.25%. It’s the perfect time to buy a new home!
In addition, when you buy from a developer, it does not only save you a substantial amount of upfront costs, but includes a unique set of additional benefits. Rabie has 41 years’ development experience and has successfully completed numerous residential, commercial and retail schemes.
Purchasing a new home from a developer does not only save you a substantial amount of upfront costs but includes a unique set of additional benefits. We look at 5 great advantages of buying from a developer: No transfer duty One of the biggest savings on a new home is that you don’t have …
With the suburbs of Cape Town to the south, the beaches of Milnerton and Blouberg to the west, and the winelands of Durbanville Hills to the north, Burgundy Estate in Cape Town borders the vineyards of the historic De Grendel wine farm less than 20 kilometres from the centre of the Mother City. Burgundy Estate …
Rabie Property Group is to launch not one but two new developments at Burgundy Estate, Cape Town this weekend.
The one development, Brookside, will comprise 58 three bedroom two bathroom freestanding homes and the other, Hazelwood, will consist of 126 one, two and three bedroom apartments with the first phase of 54 units now being launched.
The third and final phase of Avenida, a secure development being undertaken by the Rabie Property Group in Burgundy Estate, launched this weekend.
Phase Three of Avenida will comprise 63 apartments, predominantly two bedroom but with a handful of one bedroom units. One bed apartments are priced from R990 000 and two bedroom units from R1 170 000, VAT inclusive.
Rabie has sold more than R550million of residential property at Burgundy Estate since getting involved as a joint venture partner with Nedbank in early 2015.
The first project, Vermont, consisting of 191 apartments, has now been completed with the entire development having been sold to an investment company for rental stock. These units have been snapped up by tenants and will be fully occupied by June.
The second phase of Avenida Burgundy Estate apartments, a secure development to be undertaken by the Rabie Property Group, is to be launched next weekend (February 25 & 26). Phase Two of Avenida will comprise 70 one and two bedroom apartments priced from R880 000 and R1 180 000 respectively. It follows the near sell-out …
Buyers snapped up 41 of the 60 apartments totaling R47,2m in phase one of Avenida, Rabie Property Group’s latest development in Burgundy Estate, Cape Town over the launch weekend. Brian Usher, Sales Director of Property World, the exclusive agents for Rabie’s new developments in the precinct, said the market response to this new secure estate …