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Discussion Starter · #1 · (Edited)
Rawson Developers, having already completed over 500 sectional title residential units in the Rondebosch/Claremont precinct, have acquired yet another site in this area that they find so suitable for developments – and they hope by September this year to be able to launch a further development, this time with 185 apartments.

The site is situated between Brook Street and Grove Avenue and has an L-shaped formation. Rawson Developers’ acquisition, for which they paid R38 million, covers 2448 m2 on the back section of the site. The deal was negotiated by Rawson Developers’ Chairman, Bill Rawson and their Strategist/Marketing Manager, Trevor Weston-Green. On the site they plan to erect an 11 storey block in which the apartments will be suited to middle and upper income buyers, says Paul Henry, Managing Director of Rawson Developers. At this stage, he predicts, the prices of the units will range from approximately R 800 000 to R2, 4 million.

“We already know from our many previous projects in this area (Rivers Edge, Rondebosch Oaks and The Rondebosch) that demand for quality, well-appointed units here is very strong, especially from buy-to-let investors, university students, their parents and, surprisingly, those who are looking to downscale from larger homes all around the Cape Peninsula,” says Henry.

Rawson Developers will again be using Gordon Hart as their architect. He has, says Henry, shown a real flair for being able to design units that genuinely maximize the use of available space and are light-filled year round.

“A big plus factor on this project,” says Henry, “is that most of the units will have the same 180 degree views of the southern spine of Table Mountain, that have made certain other projects in this area so very attractive to buyers.”

The development’s close proximity to Cavendish Square and the fact that it is on the UCT shuttle bus route are also, he says, bonus points. Security, he promises, will be given a very high priority: the foyer will be manned and guarded 24 hours a day and anyone entering the building will have to undergo biometric screening before they are able to have access to the lifts and the apartments.

“A very big advantage of this new development,” says Henry, “is that it is already zoned for residential development and is exactly the sort of building that the City of Cape Town had hoped to see erected here. This is one occasion on which we believe there will be no objections – a big relief.”

Rawson Developers is also now in the final approval stages of a 41 unit development at the Marist Cricket Club in Park Road, Rondebosch, where they have been through a four year planning and re-planning exercise to meet and accommodate objections.
















 

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The front section (on the corner of Main Road and Brooke) has been sold to Stor-age/Fair Cape for a 7 storey self stroage facility. The Rawson site begins almost at the side boundary of the ABSA building and runs to Brooke Str. It includes the sliver running through to Grove Ave as well.

A very exciting 12 storey (ground commercial plus 11 floors of residential) project. Hopefully launching around November this year - 2 year project time frame.

It will match the max height in Claremont of 33.75m
 

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Karoo Prime
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This company Stor-Age is popping up everywhere... I see them in Roeland Street, Peter Barlow, now here too...
 

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Stor-Age is going up more floors in Roeland street as well (I think topping out at 7 storeys). We are still waiting to see the Stor-Age plans for the Claremont site, but are forging ahead with our plans for The Beaumont.
Cheers
Trevor: Rawson Developers
 

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The Sky's the Limit
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Stor-Age is going up more floors in Roeland street as well (I think topping out at 7 storeys). We are still waiting to see the Stor-Age plans for the Claremont site, but are forging ahead with our plans for The Beaumont.
Cheers
Trevor: Rawson Developers
Wow, this is awesome news? How is that possible though, what about the current roof? You going to take it off or just build on top of it??

It's an amazing little "business-plan," seems to be very popular with lots of people in CT!!
 

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Hey Mark. Not sure how they will make the additional floors work on the current structure. Was mentioned in passing in one of the meetings we had with Stor-Age/FairCape. The facility is totally full with a long waiting list, so they want to maximise the site. We were trying to get our building in Claremont (The Beaumont) to interact better with what they planned on their portion, but we are just going ahead with our plans. They were going to move on site quite soon actually. Will let you guys know of any progress.
 

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That pic looks familiar. Can't think why... :)
 

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Thanks Lydon. Still finding my way around Skycrapercity :)
The development is made up of 2 buildings on top of a double basement over the entire site. The Brooke str side is 12 stories and the Grove ave is 5 stories (still waiting for renders of Grove Ave side).

Pre-launch to our investors secured 36 sales of the 179 already!

Press Release:

The Beaumont high rise development to be launched in December 2012 will be equal in height to the highest building in the Claremont precinct

The Beaumont is being promoted as being a revolutionary modern art deco styled complex, with a unique design of a type never yet seen in Claremont. It is one of the most conveniently sited residential complexes in the entire Cape Peninsula. Fronting onto both Brooke Road and Grove Avenue, it is only half a block away from Main Road and some 200 metres from the nearest University of Cape Town Jammie Shuttle bus stop, the Claremont train station and bus terminal. It is also only one block away from Cavendish Square, the Southern Peninsula's most successful retail mall says Paul Henry, Managing Director of Rawson Developers.

The complex will consist of two blocks, one five stories high and the other 12 stories high. The larger building will be in an 'H' shape, with southern facing access points from Brooke Street. Most of the apartments will have spread out views of Devil's Peak and the southern spine of Table Mountain and the units facing south will also look over the attractive, fully landscaped St Saviour's Church property – the ultimate in peaceful surroundings.

The standard units in "The Beaumont" will vary in size from 33 m2 to 110 m2 and will either be bachelor pads, one or two bedrooms apartments. They will sell in a price range of R684,000 to R2,6 million. On the top floor of the 12 storey block, there will be five penthouses with floor areas of 93 m2 to 238 m2. These will be sold in a price range of R2,5 million to R5,2 million and it is said that at least one has already been reserved for purchase by a senior Rawson director.

The Beaumont will have two levels of parking basements and every unit will be entitled to at least one parking bay.

Trevor Weston-Green, Rawson Developers' Property Development Analyst, has already gone on the record saying that the finishes and features in this development will be of a standard never seen in a Rawson Developers' complex before. Buyers will have the option of ceramic tiles, laminated wood floors or carpeting. Countertops will be in solid granite and in colours chosen by the client and the kitchen equipment will be from a supplier with a wide range of international connections and will have a distinctly avant-garde appearance. Similarly, the lighting will be of a quality and design not previously seen before.

From the very start of the planning process, the safety of residents has been treated with the utmost seriousness, said Weston-Green. Access will only be given by biometric fingerprint recognition and concierges/guards will be on duty in the foyer round-the-clock, seven days a week. The parking basement, in turn, will only be accessible to people with the correct remote controls.

Weston-Green said that he anticipates at least a 12% rise in the value of the units by the time transfer takes place in 2015.

"I think we can say with some confidence that although the South African economy is not at its best, by 2015 it will once again be on a more noticeable upward trend, making all residential units of this kind even more sought after."
 

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Rawson Developers have just hit 50% sold out on The Beaumont! Amazing response from the market in just 3 weeks. Happily on track to go into ground in March 2013 to commence with the double level parking basements.
Stor-age piling rigs on the site next door should be completed by this time, so it will be Rawson's turn to shake the ABSA staff up ;-)
www.thebeaumont.co.za
 

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Discussion Starter · #20 ·
Rapid take-up at The Beaumont in Claremont
Published: January 29, 2013

FNB property economist, John Loos, recently said that residential property developments seem to be increasingly popular and more investors are expected to buy this asset class this year.

At Rawson Developers’ recently launched The Beaumont in Claremont, 91 of the total 179 apartments were sold by December 9, within just two and a half weeks of the launch. Rawson Developers managing director, Paul Henry, says the on-site sales team stayed on duty throughout the holiday period and he believes sales are likely to continue steadily.

“We have not seen a bull run like this since the launch of Rondebosch Oaks, one of our previous southern suburbs developments in 2008. It looks very much as if astute investors are again realising the value of bricks and mortar in high demand areas such as Claremont. Rental demand here now outstrips supply and yields of 7 percent are easily achieved from the day the first tenants take occupation.”

Henry says that developments like The Beaumont, positioned one block from the Cavendish Square shopping centre, tend to follow the same sales pattern that beachfront plots in the few really good coastal developments do. As soon as they are sold out, the original investors will see significant appreciation.

The Beaumont consists of 179 apartments in two adjacent blocks – one of 12 storeys and the other five storeys. The taller block will be one of the tallest buildings in Claremont and 105 apartments will have mountain views from their balconies. Features of the scheme include a foyer with a concierge on duty 24 hours a day, underfloor heating, heated towel rails, granite kitchen tops and sink consoles in the bathrooms.

Two penthouses on the top level of the 12 storey building, priced at R4.2 million and R4.9m, have already been sold. Prices of the remaining units vary from R850 000 to R3.995m. Henry says prices of all units in The Beaumont are fixed and cost increases will be absorbed by the developer.

“We are confident that most of the apartments will be sold by the time Rawson Construction begins work on the double level basement parking,” says Henry. “This should be during April, with handovers of the apartments scheduled to take place in the second quarter of 2015. A huge cost saving to buyers of all units will be achieved by the use of heat pumps in the basement instead of the conventional hot water cylinders for each apartment. Continuous hot water will be available at much lower prices as a result of this.”

A portion of the ground floor of the building will house two retail sections of about 250m2 each, and both are for sale.

“Buyers of the retail portion will be carefully screened and we give potential buyers our assurance that we will select only businesses suitable for the development,” says Henry.

Source: SA Property News
 
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