{"id":834456,"date":"2025-08-09T13:00:00","date_gmt":"2025-08-09T11:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=834456"},"modified":"2025-08-09T13:31:16","modified_gmt":"2025-08-09T11:31:16","slug":"cape-town-is-about-to-get-a-very-pink-surprise","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/834456\/cape-town-is-about-to-get-a-very-pink-surprise\/","title":{"rendered":"Cape Town is about to get a very pink surprise"},"content":{"rendered":"\n

The Marlow on Mill, a very pink residential development, is coming to Newlands, Cape Town. <\/p>\n\n\n\n

The new development will be constructed on a consolidated erf in Mill Street, near the Sports Science Institute and Newlands sports stadiums. It will have sweeping views of Table Mountain.<\/p>\n\n\n\n

\u201cExtremely well situated in a prestigious area in Cape Town\u2019s sought-after Southern Suburbs, The Marlow on Mill is a sensitively designed, groundbreaking building, which is set to become an appealing landmark in the region,\u201d said Dr Andrew Golding, CEO of Pam Golding. <\/p>\n\n\n\n

\u201cThis iconic, upmarket new development will provide an important contribution towards meeting the ongoing demand for quality accommodation in Cape Town.\u201d <\/p>\n\n\n\n

The apartments range from deluxe studios and spacious one, two and three-bedroom apartments to a luxury 240sqm penthouse. <\/p>\n\n\n\n

The apartments, which are also pet-friendly, are being developed by Eris Property Group and designed by TwoFiveFive Architects. <\/p>\n\n\n\n

There will be four levels of basement parking, with 1,2 and 3-bedroom apartments including underground parking bays at their price.  Over 90 other parking bays are also available at R150,000, including VAT, per bay. <\/p>\n\n\n\n

The price of the units ranges from R1.72 million to R16 million, including VAT, with no transfer duty payable.<\/p>\n\n\n\n

Amenities at the development include a coffee shop, restaurant, rooftop with pool, entertainment deck, serviced bar, indoor and outdoor braais, a gym and laundry facilities.\u00a0<\/p>\n\n\n\n

There is also a ground-floor lobby with a concierge and full-time, on-site security. Construction on the development is set to start in early 2026 and be finished by November 2027. <\/p>\n\n\n\n

Growing area <\/strong><\/h2>\n\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n\n

Pam Golding said that on top of its lifestyle attractions, properties in Newlands show well above average capital growth. <\/p>\n\n\n\n

Lightstone statistics showed average capital growth for the suburb of over 7% during the past 10 years, compared to just under 5% for Cape Town.<\/p>\n\n\n\n

\u201cNewlands is a vibrant suburb where residents can enjoy active outdoor living and a cosmopolitan social scene,\u201d said Shelly Keys, a Western Cape area manager for Pam Golding. <\/p>\n\n\n\n

\u201cNearby iconic landmarks include Newlands cricket grounds, Newlands Forest and Kirstenbosch Botanical Gardens. Cavendish Square, artisanal coffee shops and world-class dining are just minutes away.\u201d <\/p>\n\n\n\n

Fellow Western Cape area manager for Pam Golding, Samantha Nel, said that Buy-to-let investors should not miss the Marlow on Mill. <\/p>\n\n\n\n

Nel said that there is a massive shortage of sectional tiles in Newlands and that the group expects a keen interest in buyers who want to live in the suburb or for those who want a base for use in Cape Town. <\/p>\n\n\n\n

The Marlow on Mill also offers an ideal option for student accommodation, given its proximity to the University of Cape Town. <\/p>\n\n\n\n

Pam Golding said that the short-term letting agency, Propr, will also take the hassle out of renting, while investors can also make use of the attractive tax incentives seen in the Income Tax Act. <\/p>\n\n\n\n

The scheme allows taxpayers who own five or more new residential rental units to claim up to 55% of the purchase price as a tax deduction. <\/p>\n\n\n\n

Sales for The Marlow launched earlier this week on 6 August 2025. The launch day drew a flurry of interested buyers to its online sales platform, with over 50 units reserved in under 10 minutes. <\/p>\n\n\n\n

\n\n\n\n

Images <\/strong><\/h2>\n\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n
\n
\"\"<\/a><\/figure><\/div>\n\n\n
\n","protected":false},"excerpt":{"rendered":"

The Marlow on Mill is coming to Newlands, Cape Town, with units ranging in price from R1.72 million to R16 million. <\/p>\n","protected":false},"author":95,"featured_media":834479,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[11941,10618],"class_list":["post-834456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-eris-property-group","tag-pam-golding"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/834456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=834456"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/834456\/revisions"}],"predecessor-version":[{"id":834496,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/834456\/revisions\/834496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/834479"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=834456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=834456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=834456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}