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Renprop to Launch 2nd Development in Rosebank

March 2015 saw the launch of Renprop’s second apartment development in Rosebank, named The Tyrwhitt, on the back of the success of The Vantage, a 10-storey apartment block that is situated on the corner of Bath and Tyrwhitt avenues. The Vantage launched a year ago and is currently under construction.

It is anticipated that construction of The Tyrwhitt will start mid-2015, with an estimated completion date of June 2017. The Tyrwhitt, which is being launched by Renprop in conjunction with its development partner, Grapnel Property Group, will account for 200 of the more than 1 000 apartments that Renprop MD Chris Renecle expects will be required to satisfy demand in the area in the foreseeable future.

Russel Peach, divisional manager of Renprop Residential Projects, says that the 200 units in the 14-storey Tyrwhitt building will be slightly larger than those at The Vantage, ranging in size from about 70m2 to more than 110m2. The penthouses will measure between 180m2 and 400m2. Prices will start at R1.8 million and will reach close to R10 million for the bigger penthouses.” Amenities will include a coffee shop and concierge.

 

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