The 15th of November was a milestone day for Cape Town’s Rawson Developers. The launch of its latest development, Maritime Place, saw a remarkable 220 units sold in 12 hours. This included a staggering 100 units within just 47 minutes of sales going live – both new records!
Maritime Place is the latest in a series of forward-thinking developments by Rawson Developers, and the market clearly recognises the fine work being done by the Cape Town developer; in addition to record-breaking sales, nearly 6 000 people signed up at maritimeplace.co.za prior to the launch.
This follows the outstanding success of The York in September – another development that sold out on day one.
When taking a closer look at what Maritime Place offers, it’s not hard to see why this interest translated to such phenomenal results. A bold, ambitious development, located in historical Paarden Eiland, promises to establish a thriving community and signal the beginning of an exciting new era for the district.
Rawson Developers’ partner, Charles Arton of Redwood Property Ventures, had the following to say:
We’re pleased that the market has taken so well to Maritime Place and could not have asked for better partners, or a better launch. Having acquired the property in 2017 with a view to getting mixed-use rezoning, this is a great result of a process that took us the better part of four years.
We have always believed in Paarden Eiland’s future as a mixed-use node, and together with Rawson, we have successfully transformed our vision into a reality.
We’re proud to be a part of the area’s regeneration and as a show of our commitment will be retaining the commercial component of Maritime Place and will bring modern and cutting-edge retail spaces and showrooms to the rental market in early 2026.
As we’ve always said, this is the cheapest beachfront real estate in South Africa.
The transaction was facilitated by Jonathan Kantey of Kantey Commercial, who made the following comment:
A development of this profile and scale is certainly a landmark in stature, and being an absolute first for the area needed a partnership with equal parts vision and ambition.
And this is exactly what it got in the strategic collaboration between Redwood and Rawson who first sat around the table in late 2021. The result achieved on launch day feels well deserved, especially considering that the transaction has been so long in the making.
Priced from just R1.29 million to R3.75 million, with the significant bonuses of no transfer fees, no transfer duty and guaranteed rentals on selected apartments, Maritime Place is positioned as an all-inclusive building where residents can live, work, play and thrive.
A central location, diverse accommodation options, great transport links and elegant, cutting-edge design deliver uncompromised value. World-class professional facilities offer outstanding convenience, complemented by access to lush green spaces, a swimming pool, waterside living and an array of amenities on your doorstep.
The 24/7 security and CID CCTV surveillance ensures a safe environment where you can enjoy peace of mind. All of this is set to magnificent, uninterrupted views of much of the Cape’s natural beauty, including Table Mountain, Lion’s Head, Table Bay and the Stellenbosch Mountains.
Maritime Place is steeped in a unique urban and historical atmosphere, complemented by spectacular ocean and mountain views. Rawson Developers says it’s the perfect place for anyone looking to escape the hustle and bustle of the city while only being a few minutes away from the centre of Cape Town.
The result is an investment opportunity the developer believes is the first of its kind and truly unparalleled, and one for which it expects demand will remain exceptionally high.
Maritime Place is being built on the corner of Marine Drive and Amphion Street, Paarden Eiland. The development has an expected completion date of December 2026.
There are 89 stunning apartments still available, boasting breathtaking views, but these are selling fast. If you’d like to take advantage of the opportunity to be part of this unique development, head on over to maritimeplace.co.za to reserve your unit(s) now.
Also read:
Maritime Place: A seamless blend of modern living and historical ambience
Picture: Supplied