SA Affordable Housing May / June 2017 // Issue: 64 | Page 15

COVER STORY Two-bedroom unit. Outdoor gym. The affordable housing sector is a huge sector that needs to be addressed. The team, from left Carina Neethling (property manager), Chantal Moeller (quantity surveyor), Beyers Lategan (project manager), Gideon van Tonder (property developer) and Erika Sutton (managing director of Realgrowth Development). He finds it stimulating to be developing in the affordable housing sector and to tackle a housing segment that is addressing the middle sector or the ‘missing middle’ as it is known. LAUNCHING THE COMPLEX At the launch hosted on site, Rossouw thanked everyone who played a role in completing the project on time. He mentioned them all one by one from architects to landscapers, health and safety consultants to the legal team who ensured all agreements ran smoothly. “If the agreements weren’t right this day would not have been possible,” he says. Chris Rossouw (Snr), who is also part of the family business that builds and manages properties, described the project as a “wonderful monument”. “I take my hat off to you [Charles] and the team,” he says. “Building is bred into the Rossouw’s genes. We like to create and build. This is a massive project that doesn’t skimp on quality. Look around and see for yourselves. “We try to optimise the space and deliver a quality product using quality materials. We also make significant effort in getting the right people involved,” says Chris Rossouw (Snr). It was unexpectedly announced by the rental agency that the 100 units are fully occupied, and tenants already moved in on 1 April. “Tenants for the 100 units were secured all in one month,” says Jo-Ann Barvik, from Rental Pros. “We really owe you a big thank you,” says Charles Rossouw. “We’re definitely ecstatic about achieving a 100% occupation for beginning of April by the rental agency. This mitigated the month lost to construction due to the rains,” says Gideon van Tonder, development manager for Realgrowth. OTHER DEVELOPMENTS Finding the right place to build such a complex takes extensive geotechnical and other investigations. “It’s quite challenging in Centurion because you have variable ground conditions that makes it very important to choose sites very carefully and specific for residential developments,” says van Tonder. However, finding the right spot and completing the project is worth it. We are seeing an influx of people moving into the city and Van Tonder believes Centurion is a good place to focus on. “It’s a transport oriented node, you’re close to the Gautrain, and you’re close to the highway. It’s a very exciting area,” he says. Realgrowth Development, co-owned by the Rossouw Family and managing director Erika Sutton have their first 224-unit complex running successfully in Lyttleton, Centurion. It features similar facilities as Limpopo Valencia, with the difference of three play areas. More properties are under development in this exciting suburb. “We are targeting this and the greater Midrand area. We currently busy with a 300-unit development not far from Limpopo Valencia, of which the first 150 units are estimated to be ready by end of 2017. We are working on yet another development just opposite the Gautrain station in Midrand, that will have 328 units,” says Rossouw. Overall the company is targeting having 1 000 units in Centurion and Midrand over the next three years. “Realgrowth and its partners are all set up to achieve that - and that makes it very exciting,” says Erika Sutton, managing director of Realgrowth Development. AFFORDABLE SA HOUSING MAY - JUNE 2017 13