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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.

Know your rights and obligations in sectional title schemes

Sectional title has become the most common form of property ownership in South Africa and it is imperative that property owners know their rights and obligations in relation to the sectional title development in which they are involved, says Kim Pistor, legal advisor and conveyancing manager for Rabie Property Group. Pistor says people often confuse …

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