Tri-Star Construction and Profica have broken ground on Rosebank’s new development, Saxon Square.
The development will offer 138 luxury studio, one- and two-bedroom apartments at accessible price points during phase one.
“We are excited that the vision we had for this unique development is becoming a reality as we reach the next milestone”, says Malose Kekana, Chairman of Tri-Star Construction. “Investors can now look forward to the efficient construction and completion of the development over an anticipated 16-month period as every detail comes together.”
“We have reached our pre-sales targets in record time, even needing to redesign to make more of the popular one-bedroom units available as they sold out so fast … Many of our buyers are property investors, particularly those in financial and property circles, who have recognised a good opportunity. We expect this to include more first-time and buy-to-live buyers as soon as we start construction and people see the development coming to life”.
A comprehensive rental management solution delivered by Flyt Property Investment and managed on-site by Wink Aparthotels has further enhanced the appeal of Saxon Square. “Having just one phase is another clear advantage for both investors and prospective tenants”, says Profica CEO Tim White. “Saxon Square buyers will be able to settle in or start letting out quickly, without being on a partial construction site while other phases are completed”.
Located close to the Rosebank Gautrain on Oxford Road, Saxon Square offers that unique blend of modern detail, upmarket suburbia, and everyday city access. In addition to the sophisticated unit designs featuring high-end finishes and floor-to-ceiling glass windows, the development’s amenities include a 24-hour concierge, biometric access control, a resident’s café, a pool, a large rooftop garden as well as a garden courtyard, a yoga lawn, an outdoor cinema, and a co-working lounge.