The first residential project in Paarden Eiland has started sales. Rawson Developers presented this launch as 'a bold and ambitious development that promises to create a thriving community and marks the beginning of an exciting new era for the area.'
The complex is named Maritime Place and features a fully equipped building where residents can live, work, and relax. Various layout options and housing types are available.
For people working near this industrial zone, living here could significantly reduce the time spent on daily commutes. The planned completion date for Maritime Place is December 2026, allowing buyers to move in or rent out the property in early 2027, provided the schedule is maintained.
The development is located in the central part of Paarden Eiland, at the corner of Marine Drive and Amphion Street. Available options include studios, as well as one, two, or three-bedroom apartments. Prices for these units range from R950,000 to R3.2 million.
Each resident has access to a fitness center, swimming pool, children's playground, barbecue areas (braai pods), 24-hour security, a co-working space, as well as an on-site restaurant and cafe. According to Rawson, all apartments are ready for fiber optic and DSTV connections. Furthermore, the complex welcomes pets and allows short-term rentals, making it an attractive investment property.
The developer noted that this project is ideal for those who wish to avoid the hustle and bustle of the city while remaining just a few minutes away from Cape Town's center. Many apartments offer scenic views of the sea and mountains, despite the proximity of factories and commercial buildings in the area.
This presents an opportunity for those looking to be the first investors in Paarden Eiland real estate. Based on this developer's experience, these apartments are expected to sell very quickly.