South Africa, Cape Town; An iconic 70’s high-rise in Cape Town’s downtown financial district is being redeveloped into a unique mixed-use building called Foreshore Place, which will feature 34 storeys of ultra-modern, luxury residential and commercial premises.

This month, Africrest Properties opened their latest residential conversion project up for leasing and the first tenants have started moving in.

Bellevue East, located on the border of the upmarket suburbs of Observatory and Upper Houghton, emerged as one of the top performing suburbs in Johannesburg in terms of property price growth.

Wednesday, 27 March 2019 13:10

The do’s and don’ts of downscaling

The long-held belief that bigger is better when it comes to property is certainly one that is being challenged all the time.

One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.

The Rubik , a newly launched luxury mixed-use building situated in the heart of Cape Town’s CBD is set to challenge property development in South Africa with its iconic and unique architecture and design.

JSE listed Balwin Properties, South Africa’s largest turnkey sectional-title developer, today announced a rental transaction that will see Balwin Rentals (Pty) Ltd retain a right of first refusal to acquire 4 544 rental apartments to be developed by Balwin Properties.

With sales of R150 million to date, only 52 out of the total of 143 apartments are still available for purchase in the brand new, designer apartment development, Le Boulevard, in the heart of uMhlanga on the rapidly expanding KwaZulu-Natal North Coast, according to Carol Reynolds.

Africrest Properties was thrilled to host the Member of the Mayoral Committee (MMC) for Development Planning for the City of Johannesburg- Reuben Masango as well as MMC for Housing- Meshack van Wyk, at the opening of their latest middle income residential development in Bramley, known as ‘The Village’.

JSE listed Attacq Limited  in collaboration with JV partner Tricolt, announced today that phase one of Ellipse Waterfall, the first high-rise residential development within Waterfall City is selling fast, with sales totalling R420m in the first week.

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