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 […]
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 […]
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 […]
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 […]
Century City residential sales up 150%
It’s official, the residential property has finally turned with sales at Century City up a staggering 150% for the year to end June. Allen Usher, managing director of Property World, the official on-site agency for developers, Rabie Property Group, said they had secured a total of 104 sales at Century City totaling R206million for the […]
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 […]