Rabie breaks ground on Cape Gate development
Cape Gate Crescent, a new residential development by Rabie was handed over to Big Ben Construction on 4 June 2020.
rental
Run on Century City homes
The surging demand for Century City homes has taken the developer by surprise and they are now scrambling to bring on new stock. Brian Usher of Property World, the official on-site agents for the Rabie Property Group, said at the time of going to Press, all but three of the 148 units in the R270million …
Century City – a sellers’ market!
Century City residential property is tightly held with less than 1% of existing stock currently on the market. Brian Usher of Property World, the official on site estate agents at Century City, said there were now more than 3000 residential front doors at Century City with only 31 of these currently available on all agents’ …
Quayside at Century City sold out ahead of completion
The 63 apartment Quayside development at Century City, which is being developed by Rabie Property Group and financed by Nedbank Corporate Property Finance, has been sold out three months ahead of transfer. According to Brian Usher, Sales Manager of Property World, the on-site official agents, this is the first time a residential development has been …
Quayside at Century City sold out ahead of completion Read More »
Fundamental Software lets Greenford office block
Fundamental Software, a financial services information technology company, has signed a three year lease for Block C in the low rise Greenford office development in Kenilworth. The stand alone office block offers 555 square metres over two levels and is one of 19 office blocks in the 10 000 square metre first phase of Greenford which …
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New R220m residential development for Century City
Ashton Park, a new residential development at Century City comprising 138 apartments and seven villas, is to be launched by the Rabie Property Group shortly. To be developed at a cost of around R220million, Ashton Park is to be built on a site bordering the new Curro school which opens in January 2013 and will …
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Strong residential sales prompt further new development at Century City
Strong residential sales in Century City over the past 15 months, have far exceeded expectations and are prompting further new development. Miguel Rodriques of the Rabie Property Group said more than 90% of the 57 water fronting apartments and six double storey townhouses at their Quayside development had been snapped up seven months ahead of …
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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 sales top R300million
Residential sales at Century City by Property World, the official on-site agents, totalled R320million in the past year – the highest in five years. Of this 139 units totalling more than R241million were for new development sales while resales totalled 56 and accounted for just over R78million. Brian Usher, sales manager for Property World, said …
Central Park third phase launching soon
The third and final phase of Central Park, an 18 000 square metre low rise office park situated around a village green at Century City, is to be launched shortly. This follows the successful completion of the first two phases of the development comprising 10 standalone buildings totalling around 12 000 square metres . Giles …
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 …
Century City residential sales at five year high! Read More »
Quayside showhouse now open
A furnished showhouse and new sales office have been completed at Quayside, Rabie Property Group’s latest residential development at Century City where 37 of the 63 apartments and townhouses have been sold since its launch late last year. Brian Usher of Property World, the official on-site agents, said total sales in the development to date …
Century City apartments : Buyers snap up Quayside apartments
Buyers snapped up 28 of the 63 apartments and townhouses in Quayside, Rabie Property Group’s latest development at Century City, in the first two days of it being launched. The total rand value of the sales was more than R41,5 million. Brian Usher of Property World, the official on site agents for Century City, said …
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Century City apartments : New water-fronting homes launching soon
Quayside, a new residential development at Century City comprising 63 apartments including six semi-detached homes, is to be launched on November 10 to meet the burgeoning demand for waterside living in the precinct. Being developed by Rabie Property Group at a total cost of around R95million, Quayside is the first large development to be launched …
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Century City residential sales top R60 million in 3 months
Residential sales at Century City have picked up strongly with total sales of more than R60,8 million being recorded since July 1 this year. Brian Usher, sales manager of Property World, the official on-site agents for Century City, said these sales included 26 developer sales totalling R43,8million and 12 resales totalling just under R17 million. …
Century City residential sales top R60 million in 3 months Read More »
Century City residential : Water fronting properties in high demand
Is it on the water? That is the first question potential residential buyers at Century City tend to ask, says Miguel Rodrigues, project manager of Rabie Property Group. Rodrigues says there was no doubt that water-fronting properties were the most popular units for which buyers were willing to pay a premium. “There is something very …
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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 residential : High demand for rental units sees return of investors Read More »
Residential property, Cape Town : 50% of Little Moorings apartments snapped up
Nearly 50% of the 39 apartments in Little Moorings, Rabie Property Group’s latest residential development under construction at Century City, have been sold. Rabie director John Chapman said they had taken advantage of the recessionary conditions in the industry to renegotiate building contractors and this had effected significant savings which had been passed on to …
Residential property, Cape Town : 50% of Little Moorings apartments snapped up Read More »
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 …
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Century City rentals up by 15% to 20%
Demand for rental accommodation at Century City is outstripping supply and has resulted in a 15% to 20% growth in rentals in the past year, says Rob Downey, manager of Property World, the official on-site agency. He said they currently had around 170 rental properties on their books and a waiting list of would-be tenants …