Greeff Christie’s International Real Estate City Bowl officially open office in Observatory
Category Property news
Greeff Christie's International Real Estate City Bowl have become synonymous in the Cape Town property market for leading the way in professional, contemporary real estate brokering. They have regularly made headlines due to their consistency in achieving record prices and “shaking up” the status-quo. Over the last 12 months alone, Greeff Christie’s International Real Estate have achieved R2 billion in sales turnover.
Greeff City Bowl Director, Ryan Greeff says, “We have identified Observatory and surrounds as key markets where we feel we can add significant value to our seller’s assets through our unique approach coupled with our international affiliation. Our clients have enjoyed success in partnering with us over the years, resulting in a significant increase of demand for our services. We are passionate about the communities we serve and sought to create convenience to our clients by opening an office whereby residents can speak to a qualified, professional broker. The branch is also a channel to receive walk in buyers, allowing us to assist in increasing the platform of competition which in turn assists in achieving the best prices for our sellers. We also look forward to continuing to play a role in community initiatives through our #GreeffLove sponsorship programs.”
Observatory has proven itself to be a popular choice with investors, first-time buyers, professionals and young families that are looking to move from apartments in the City Bowl to cottages or houses. The area has seen an increase in demand from foreign buyers as well as parents investing in the area in order to provide secure accommodation for their children that are attending university.
Data from Lightstone Property show an increase in first time buyers in Observatory with 38% of buyers in the 18- to 35-year old range purchasing their properties in recent years. It further reveals that sectional title purchases in the last 12 months have far outweighed the purchase of full title properties with more people opting to purchase lock up and go properties.
Marthinus Botha, Managing Director at Greeff Christie's International Real Estate City Bowl says, “Observatory features a variety of homes with something for everyone’s tastes including; bachelor flats, one and two-bedroom flats, two and three-bedroom houses as well as some excellent new sectional title opportunities that allow purchasers to take advantage of the UDZ tax break opportunity.”
The new Observatory office is located at 211 Lower Main Road Observatory, providing a prime space for buyers and sellers to filter through conveniently.
“We are looking forward to making a significant impact on the growth of the property market in Observatory and Woodstock through our innovative and efficient approach in making sure you achieve the highest possible return on investment for your asset,” Botha concluded.