Break­ing new ground in Brack­en­fell

Brack­en­fell/Bur­gundy in the north­ern sub­urbs of Cape Town is home to a new de­vel­op­ment look­ing to de­liver around R1bn in sales in the next three years. Michelle Funke finds out more

Business Day - Home Front - - HOME FRONT -

WITH a to­tal sales fig­ure of around R1bn to be achieved over a two and a half to three­year pe­riod, a new res­i­den­tial de­vel­op­ment in the Cape Town sub­urb of Bur­gundy, which will de­liver over 600 homes, is now be­ing brought onto the mar­ket.

About two months ago, the Raw­son Prop­erty Group Brack­en­fell Roslyn fran­chise sold 80ha of re­zoned agri­cul­tural land in Bur­gundy, an area south­west of Brack­en­fell with good views of Ta­ble Moun­tain, to a con­sor­tium of Cape res­i­den­tial de­vel­op­ers. The de­vel­op­ers, Brick ’n Board, Trin­ity Projects, In­novia and MSP, paid R187m for the land. All, says Raw­son Brack­en­fell Roslyn fran­chise owner An­dre Swart, are recog­nised front-run­ners in res­i­den­tial prop­erty de­vel­op­ment and are well known for be­ing able to give value for money.

“The great ad­van­tage of hav­ing four de­vel­op­ers,” says Rowan Alexan­der, Raw­son Brack­en­fell Roslyn’s sales man­ager, “is that we will get ex­cep­tion­ally fast de­liv­er­ies — over 20 homes per month will come on stream by Au­gust next year and as each de­vel­oper will be of­fer­ing dif­fer­ent styles, there will be a won­der­ful va­ri­ety of fixtures and fit­tings to choose from. What is very un­usual on this type of de­vel­op­ment, buy­ers will even be al­lowed to al­ter the home lay­outs and in many cases this will not cost them any­thing ex­tra.”

On of­fer will be around 300 sin­gle res­i­den­tial units, on plots of roughly 500m² each, ap­proxi- mately 200 town­houses in se­cu­rity com­plexes and around 100 apart­ments.

“What we can guar­an­tee,” says Swart, “is that the fin­ishes are well above what is nor­mally avail­able in this price bracket. The will in­clude gran­ite tops, solid or lam­i­nated wood floor­ing, bulk­head ceil­ings and alarm sys­tems as well as fea­tures such as in­door braai fa­cil­i­ties, while con­form­ing to the lat­est en­ergy ef­fi­ciency stan­dards. In ad­di­tion, all the town­house schemes and the apart­ment de­vel­op­ments will be well pro­tected by se­cu­rity fenc­ing and other se­cu­rity mea­sures. The de­vel­op­ers will also jointly fa­cil­i­tate the de­vel­op­ment of 13 parks and their land­scap­ing over the full 80ha.”

Swart has pre­vi­ously com­mented that no one new res­i­den­tial de­vel­op­ment in the en­tire Greater Cape Town area has seen such strong on-go­ing de­mand as the Bur­gundy area. In the last two years, he says, prop­erty val­ues have in­creased by over 20%.

“One of the big draw cards in this de­vel­op­ment,” he says, “is that a top pri­vate school de­vel­op­ment group, al­ready well known in SA, has com­mit­ted it­self to build­ing both a preschool and a pri­mary school and th­ese will be com­pleted in time for the 2015 school year.

“I have to stress again,” says Alexan­der, “that this could be the last chance to buy in a Brack­en­fell mega-de­vel­op­ment. As far as we know, no other de­vel­op­ers will ever be able to get hold of such a large and well sited tract of land nor will they be able to find land on of­fer at such an af­ford­able price. This rep­re­sents a very big step up for the en­tire area.”

An artist’s im­pres­sion of two of the home styles that will be avail­able for the sin­gle res­i­den­tial units. Buy­ers of th­ese units will also have a va­ri­ety of fixtures and fit­tings to choose from.

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