Developers sold on city of gold

Posted On Tuesday, 22 November 2005 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

A consortium that includes Pretoria developers Atterbury has launched a 117-unit sectional title hotel in the Johannesburg CBD's financial district.

Property-Housing-Residential

 

Units in the eight-floor French House building, which was built in 1950 and has been renamed Mapungubwe House, will be ready for occupation late next year.

Apart from furnished one-, two- and three-bedroom apartments fitted to four-star hotel standards, there will be valet parking, a cigar lounge and a state-of-the-art gym. The apartments are priced from R440,000-R2m (for a penthouse).

Mapungubwe is named after an archaeological site in Limpopo Province, discovered in the 1930s by a local farmer.

Consortium member Gustav Holtzhausen says 40 units have already been sold.

 

Last modified on Saturday, 17 May 2014 11:41

Most Popular

Five things you need to know about the repo rate

Jan 28, 2021
Carl_Coetzee_BetterBond_CEO
The South African Reserve Bank has just announced that it is holding the repo rate…

SA REIT Association - Chairman's message and 2021 sector outlook

Feb 02, 2021
Estienne de Klerk_Chairman of SAREIT
Real estate has long been a rewarding sector of the financial markets. Like all sectors,…

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
Carl_Coetzee_BetterBond_CEO
If the past year has taught us anything, it is how important our homes have become to us.

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani_City_Locality_Layout
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Kent_Exterior
Such is the consistent high demand for centrally located, well-priced residential…

Please publish modules in offcanvas position.