The Premier
Situated on Main Road, Rondebosch, in the heart of the Southern Suburbs, The Premier launched in June 2014 and was completed in October 2016. Combining elegant sophistication with local convenience, this 7-storey building with 79 luxury units has delivered impressive gains for buyers.
Unit Type |
Size |
Original Price |
Date |
m2 Rate |
Re-sale price |
Date |
m2 rate |
% gain |
% gain per year |
Two bed |
71m2 |
R 2 005 990 |
June ’14 |
R28 253 |
R 3 000 000 |
Oct 16′ |
R 42 254 |
50% |
21% |
One Bed |
46m2 |
R 1 207 441 |
June ’14 |
R 26 249 |
R 1 795 990 |
Oct 16′ |
R 39 043 |
49% |
21% |
Studio |
31m2 |
R 940 990 |
June ’14 |
R 30 355 |
R 1 450 000 |
Oct 16′ |
R 46 774 |
54% |
23% |
Two Bed |
71m2 |
R 1 967 441 |
June ’14 |
R 27 710 |
R 3 100 000 |
Oct 16′ |
R 43 662 |
58% |
25% |
One bed |
46m2 |
R 1 283 441 |
June ’14 |
R 27 901 |
R 1 850 000 |
Oct 16′ |
R 40 217 |
44% |
19% |
Average capital gain per year 22%