Monday, 12 September 2016 14:51

Brackenfell rental market off the charts

The recent development of some of the last remaining land in Cape Town’s Northern suburb of Burgundy Brackenfell has caused a massive boom in the rental market, with prices skyrocketing over the past year.

Anyone who has ever bought or sold a property is aware that a valuation is a prerequisite to the completion of the transaction. Louis van Rooyen, commercial and industrial broker with Rawson Commercial Somerset West says, “Some may view an annual valuation over a commercial property as an unnecessary exercise and expense.

Construction on the second phase of a successful medical facility in Paarl, due for completion in September this year, has commenced and will comprise a state of the art oncology centre and sub- acute facility.

PGP tops previous record price twice in past five months

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