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Rawson franchisees partners in Hemel en Aarde Development

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Rawson franchisees partners in Hemel en Aarde Development


Rawson Properties’ Hermanus franchisees, Peter Noel and Peter Greyling, have teamed up with a group of Cape Town investors to develop 24 erven in the successful Hemel en Aarde Estate, four kilometres on the Cape Town side of Hermanus, at the entrance to the wine growing area.



The new joint venture has acquired a 1,6ha parcel of land in the estate and is now applying for planning permission for the site.

The levy paid to the Home Owner’s Association for a typical 750 square metre property in the estate is about R450 per month. This covers all aspects of estate living including full use of the recreation facilities, 24-hour security and estate maintenance.
The ground to be developed by the Rawson franchisees and their partners is close to the clubhouse complex and offers panoramic views of Onrus, the adjoining coastline and the ocean.

It is in fact the last parcel of land still awaiting development in the estate where, to date, some 210 homes have been completed and work is proceeding on 45 new homes. The price of home re-sales at Hemel en Aarde has, said Noel, risen to an average of over R2 million. Smaller two and three bedroom homes (called ‘Streetscapes’) currently sell for between R1,4 and R1,8 million while other homes in the estate market prices range from R1,9 to R6million.

“Much of the success of the development,” said Noel, “stems from the strict application of the architectural design rules. Although there is a subtle diversity in styles across the estate, all conform to a Cape Vernacular appearance. This ensures that the homes have a pleasing uniformity and no one unit can let down the standards of the estate.”

The section to be developed by the Rawson franchisees and their partners will be on average 500 sq metres in size. Most of the homes will be double storey and floor areas will vary from 250 to 300m2 – which means that most of the homes will have three or four bedrooms.

Special attention, said Greyling, will be paid to creating large patios and balconies and all the homes will be eco-friendly, making use of solar power, heat retention techniques and water saving systems.

The prices are likely to be in the R2,5m to R2,8 million range.

Source



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