Century City sectional title offices sold out
All 18 office suites in a sectional title office block at Century City have been sold ahead of the building being completed. The 2200 square metre building is part of the 18 000 square metre Central Park low rise office park which is being developed around a village green. Sedica Knight of the developers, Rabie […]
Century City residential sales at five year high!
Century City residential sales secured by Property World, the official on-site agents for the developer Rabie Property Group, in the first eight months of the current financial year totalled more than R242 million – the highest level recorded in five years and almost double that of the previous year. Allen Usher of Property World said […]
Residential Property : Beginners’ guide for would-be home owners
A few observations by Kutlwano Rasodi, project manager, Rabie Property Group Many conversations about purchasing property either as an investment or in which to live have been had between ambitious 20-something-year-olds looking to build wealth. These conversations often result in the blind leading the blind and after much speculation there may be some valuable knowledge […]
Century City residential : High demand for rental units sees return of investors
Demand for residential units to let at Century City has continued to soar with buy-to-let investors returning to the market on the back of shortage of rental stock. Two of the main letting agents, Property World and Property Café, ascribe the popularity of the precinct to the growing commercial component at Century City with over […]
Century City offices : New sectional title offices for Century City
A new block of prime sectional title offices is to be built at Century City at a cost of R37 million to meet pent-up demand for small to medium size offices in the precinct. The 2200 square metre building, to be known as The Courtyard, will comprise 18 units ranging in size from 63 square […]
Gatehouse at Century City proves to be runaway success
The Gatehouse, a 3000 square metre, triple-A grade sectional title office block on a gateway site at Century City, has proven to be a runaway success.
Sedica Knight of developers Rabie Property Group said 21 of the 23 sectional title offices in the three-storey office building had been sold while the two units retained by the developer had been let.
“Three of the units were sold to owner occupiers and the other 18 to investors who have been capitalizing on the current low interest rates.
Now’s the time to develop your own office building
The time may never be better than the present for tenants or owner occupiers to develop new commercial premises, says Colin Anderson, a director of Rabie Property Group. Anderson says banks are starting to relax their lending criteria and interest rates are at the lowest they have been for 31 years. “The lower interest rate […]
Cash buyers underpinning Century City market
Cash buyers have been underpinning the residential property market at Century City during the current downturn, says Rob Downey of Property World, the official on-site estate agency for Century City developers, Rabie Property Group. He said over 50% of Property World’s 120 residential sales at Century City during the financial year to end June had […]
New niche development launches at Century City
Little Moorings, an exclusive new niche development of 39 sectional title apartments, 33 of which are water-fronting, is being launched at Century City by Rabie Property Group. Comprising studio, one and two bedroom apartments, Little Moorings will boast beautifully landscaped, private gardens fronting onto the water. There will also be a private jetty from which […]
Rental demand far outstrips supply at luxury Citadel Constantiaberg
Demand for rental apartments in Citadel Constantiaberg, a high-rise block of 91 luxury apartments in the heart of the Southern Suburbs, has been unprecedented with not a single apartment now available to be let, says Ian Matheson, of Avon Chase Properties. “In fact we alone are having to turn away about 25 would-be tenants a […]
