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storyRawson Developers have become one of the first Cape companies to break out of the “freeze syndrome” which has resulted in dozens of projects being put on hold.
Rawson Developers announced this week that they are going ahead with the development of 70 apartments in Klip Road, Grassy Park.
The 6315m² site, says Trevor Weston-Green, Rawson Developers’ planner and strategist, is convenient because it is next to a public park and within walking distance of a retail complex, schools and taxi ranks. In addition, the Ottery Hypermarket is less than ten minutes’ drive away.
The project will have its own children’s playground.
Cape architect, Gordon Hart, has designed the 51m² two bedroom units in two and three storey walk-up blocks. Buyers will be able to choose many of their finishes if they sign on timeously. The kitchens will have ovens, hobs, sinks and granite tops. Floors will be tiled or carpeted.
The price per unit starts at R469 990, which includes VAT, transfer and bond costs. Buyers will be encouraged to apply through Rawson Finance for bonds. This Rawson division, said Paul Henry, MD of Rawson Developers, has had an excellent track record recently in achieving a high success rate for bond approvals despite the stringency of the National Credit Act criteria.
“The big attraction of the scheme apart from the price (which is exceptional in today’s market) is its security,” said Henry. “Not only will the project be encircled by an electrified fence, it will have guards on duty round the clock.”
Henry and Weston-Green both testified that the competitive unit pricing was partly due to their using Rawson’s own in-house construction team. This has recently launched a civils arm which, using Rawson Construction’s plant is able to operate at rates not obtainable on the open market.
Rawson Construction is willing to work on non-Rawson projects and is increasingly doing so.
For further information contact Trevor Weston-Green on 021 658 7100 or email trevor@rawson-developers.co.za.
