Grocott's Mail
  • NEWS
    • Courts & Crime
    • Features
    • Politics
    • People
    • Health & Well-being
  • SPORT
    • News
    • Results
    • Sports Diary
    • Club Contacts
    • Columns
    • Sport Galleries
    • Sport Videos
  • OPINION
    • Election Connection
    • Makana Voices
    • Deur ‘n Gekleurde Bril
    • Newtown… Old Eyes
    • Incisive View
    • Your Say
  • ARTSLIFE
    • Cue
    • Makana Sharp!
    • Visual Art
    • Literature
    • Food & Fun
    • Festivals
    • Community Arts
    • Going Places
  • OUR TOWN
    • What’s on
    • Spiritual
    • Emergency & Well-being
    • Safety
    • Civic
    • Municipality
    • Weather
    • Properties
      • Grahamstown Properties
    • Your Town, Our Town
  • OUTSIDE
    • Enviro News
    • Gardening
    • Farming
    • Science
    • Conservation
    • Motoring
    • Pets/Animals
  • ECONOMIX
    • Business News
    • Entrepreneurship
    • Personal Finance
  • EDUCATION
    • Education NEWS
    • Education OUR TOWN
    • Education INFO
  • Covid-19
  • EDITORIAL
Facebook Twitter Instagram
Trending
  • National shutdown goes off peacefully in Makhanda
  • A bond forged by mentoring
  • Ibe yimpumelelo itumente yolutsha eQhorha
  • A good financial planner is indispensable
  • Exciting encounters in LFA Premier League weekend games
  • Thembie is working towards STARDOM!
  • From Robben Island to the world
  • SACP build a house for Mama Regina after a three-year-long waiting period
Facebook Twitter Instagram
Grocott's Mail
  • NEWS
    • Courts & Crime
    • Features
    • Politics
    • People
    • Health & Well-being
  • SPORT
    • News
    • Results
    • Sports Diary
    • Club Contacts
    • Columns
    • Sport Galleries
    • Sport Videos
  • OPINION
    • Election Connection
    • Makana Voices
    • Deur ‘n Gekleurde Bril
    • Newtown… Old Eyes
    • Incisive View
    • Your Say
  • ARTSLIFE
    • Cue
    • Makana Sharp!
    • Visual Art
    • Literature
    • Food & Fun
    • Festivals
    • Community Arts
    • Going Places
  • OUR TOWN
    • What’s on
    • Spiritual
    • Emergency & Well-being
    • Safety
    • Civic
    • Municipality
    • Weather
    • Properties
      • Grahamstown Properties
    • Your Town, Our Town
  • OUTSIDE
    • Enviro News
    • Gardening
    • Farming
    • Science
    • Conservation
    • Motoring
    • Pets/Animals
  • ECONOMIX
    • Business News
    • Entrepreneurship
    • Personal Finance
  • EDUCATION
    • Education NEWS
    • Education OUR TOWN
    • Education INFO
  • Covid-19
  • EDITORIAL
Grocott's Mail
You are at:Home»Uncategorized»New property development launched
Uncategorized

New property development launched

adminBy adminOctober 15, 2010No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

Property developers Pieter Muller and Louis Schlebusch together with Lew Geffen Sotheby's International Realty launched a new property development at Henry Ate restaurant recently.

Property developers Pieter Muller and Louis Schlebusch together with Lew Geffen Sotheby's International Realty launched a new property development at Henry Ate restaurant recently.

Louis Schlebusch, one of the developers said, "We chose Grahamstown for the gap it has in middle income earners and we will also be using Grahamstown locals as labourers. It is a very safe investment for a first time buyer because of the good return on the investment."

According to Marinda van Achterbergh of Sotheby's, they have already sold 17 of the 40 planned units. "The municipality has approved the project, which will consist of two bedrooms, two bathrooms, a dining room and a kitchen in one unit," said Steve Birt of Sotheby's.

"There will be a lift at the rear of the building for disabled people, an electric fence and gate for security. The units on the ground floor will cost R512 000 each and the ones on the top floors R465 000 per unit."

Rental income is expected to amount to R2000 per room per month. The development's architect Hennie Bezuidenhout said: "The old Victorian type of style had an influence in my design because I didn't want to fiddle with the vintage theme of Grahamstown buildings."

Kingswood Mews is expected to be complete before the end of next year and tenants are expected to be able to start moving in from 1 December.

Previous ArticleFamily gets ID back from loan shark at last
Next Article Good rainfall this week, but more is needed
admin

Comments are closed.

Tweets by Grocotts
Newsletter



Listen

The Rhodes University Community Engagement Division has launched Engagement in Action, a new podcast which aims to bring to life some of the many ways in which the University interacts with communities around it. Check it out below.

Humans of Makhanda

Humans of Makhanda

Weather    |     About     |     Advertise     |     Subscribe     |     Contact     |     Support Grocott’s Mail

© 2023 Maintained by School of Journalism & Media Studies.

Type above and press Enter to search. Press Esc to cancel.