EXECUTIVE UPDATE | December 2012

Dear Subscriber

After an exponential and unbelievably exciting six months since we launched Signatura, it’s time to wish all our subscribers a wonderful Festive Season.

May you enjoy a well-earned rest, joyous celebrations with family and friends, and a chance to charge up your batteries and get ready for 2013.

Best wishes for a healthy, happy and prosperous new year, from all of us at Signatura!

John Rabie
R13 Million in 2 Weeks – Robyndale Sales Sizzle!

Signatura’s launch of Robyndale in Upper Kenilworth has far exceeded expectations, according to Sales Manager Anton McElhone. “With over R13 million in prime residential real estate sold in the first two week of the launch, we couldn’t be happier with the response!” he commented.

“In what many experts still regard as a sluggish and cautious market, we believe that buyers at Robyndale have recognized the exceptional value we are offering here, and have moved quickly to secure their preferred apartments.

“In this well-established, upper-income residential area, close to outstanding public and private schools and within easy access of the University of Cape Town, we have been able to offer really spacious apartment sizes – something that is not being offered anywhere in brand new residential developments in this area.

“In addition, the lifestyle improvements we have made at Robyndale – including the upgraded foyer and public areas, the concierge, the improved security and the swimming pool – all increase the development’s appeal to residents, and give our investors the confidence that they will be able to achieve top rental returns in this already sought-after residential area.”

Student Accommodation ‘the New Residential Gold Mine’
Recently published research by the PayProp Rental Index shows that investors in accommodation near the country’s top universities stand to achieve far better rental income returns than the average buy-to-let investment delivers.

In fact, the study concludes, driven by a massive shortage of student accommodation, residential investments in high-demand academic areas can achieve an annual return on investment of up to 15%, as opposed to the national average of 6%!

According to John Rabie, these findings illustrate a clear trend amongst buyers at Robyndale, which is just 10 minutes away from the main UCT campus in Rondebosch.

"Quite a number of our buyers have indicated they are purchasing apartments for their children to live in while they are studying at the University of Cape Town, and that they are well aware of how an increasing demand for secure, good quality accommodation close to the campus will assure them of substantial rental returns in the future," he said.

"When you add to this rental yield the kind of capital growth we are expecting to see picking up significantly in the near to medium term, an investment in Robydale looks very attractive indeed." 

For sales enquiries, email Anton McElhone (083 506 7829) or William Wallace (082 410 8214).

For development opportunities, email John Edgar or phone him on 083 270 2434.