DEVELOPMENT TEAM
Developers
Eris Property Group (Pty) Ltd
The developer, Mill Street Development (Pty) Ltd (Reg No: 2024/826367/07), is a registered entity backed by prominent shareholders: Eris Property Group (Pty) Ltd and Absa Bank Ltd. Their involvement in this landmark development in Newlands offers buyers confidence and peace of mind.
Eris Property Group is a fully integrated property development and services company, offering a comprehensive range of commercial real estate expertise across South Africa and sub-Saharan Africa.
Established in 2008 through the restructure of RMB Properties (Pty) Ltd – an industry leader since 1987 – Eris has continued to build on a legacy of excellence in property development and management. In 2010, the company entered a new phase of growth with Momentum Metropolitan Holdings becoming a major shareholder, strategically positioning Eris to expand its footprint across key markets in the region.
With a proven track record, strong financial backing, and an unwavering commitment to quality, Eris delivers developments that buyers can invest in with complete confidence.
Architect & Interior Designers
TwoFiveFive Architects
TwoFiveFive Architects, with studios in Johannesburg and Cape Town, are the creative minds behind the design of this iconic development. Known for their thoughtful and timeless approach, they specialise in crafting residential spaces that enhance everyday living.
Their focus is on creating apartments that are not only beautiful but practical – featuring smart layouts, abundant natural light and ventilation, and quality materials that stand the test of time. Developments such as Uxolo, Three43onB, and Agora reflect their commitment to long-term value, offering homes that remain functional, relevant, and elegant for years to come.
By combining design innovation with sustainability and attention to detail at every stage, TwoFiveFive ensures that the spaces they create are a pleasure to live in – designed with real people and real lives in mind.
Construction Team / Builders
The Marlow on Mill’s construction team will be selected following a competitive invited tender process.
Transferring Attorney
STBB Cape Town: Liezl Solomon
The transfers and registration of the sectional title scheme at The Marlow on Mill are being expertly managed by STBB (Smith Tabata Buchanan Boyes), one of South Africa’s leading property law firms.
Liezl Solomon, the appointed attorney, brings extensive legal expertise across conveyancing, property law, land development, sectional titles, notarial contracts, and mortgage bonds. Known for her professional yet personalised approach, Liezl is committed to making the legal process smooth, transparent, and stress-free.
Bond Originator
Betterbond
BetterBond offers one of the simplest and most efficient home loan pre-approval processes in the market. The Marlow on Mill has already been pre-approved by all major South African banks, streamlining the financing journey for buyers and ensuring a hassle-free experience.
BetterBond submits your home loan application to multiple top banks – including your own – negotiating competitive offers on your behalf. This allows you to choose the financing that best suits your budget and long-term goals. Best of all, their expert service comes at no cost to you.
With the BetterBond DigiApp, you can get pre-approved quickly – saving you time and effort. We strongly recommend securing your pre-approval before the official sales launch, so you’re ready to reserve your preferred unit as soon as they become available.
https://digiapp.betterbond.co.za/AnnerieThiart/102969/103092
Short Term Rental Operator
Propr
Propr are a short-term letting and property management company offering end-to-end Airbnb and short-term rental management solutions in major cities like Cape Town and Johannesburg. They help property owners maximize returns by handling everything from marketing, pricing, guest communication, cleaning, and maintenance.
Propr have been appointed as the short-term letting operators and will offer the following services:
- Hassle-free hosting: hosting guests will no longer require any effort taking away the hassle for you, as the owner, from start to finish.
- Flexible personal use: your unit is available when you need it.
- Propr features the following amenities at The Marlow on Mill:
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- Daily on-site receptionist
- Daily on-site housekeeping
- Hotel quality linen and amenities
- Fully equipped kitchen
- Maintenance Management
- Dedicated guest experience team
- Serviced bar and pool area
- 1-night stays offered, boosting occupancy rates and potential yield
- Management software allowing owners to see a dashboard of occupancy and activity
- Beneficial commissions are offered to all home owners and no fees charged to the body corporate.
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Managing Agent of the Body Corporate (Building Management)
Stonewood Property Management
Stonewood Property Management has been appointed to professionally manage the day-to-day operations of The Marlow on Mill. With a strong track record in overseeing sectional title schemes and homeowners’ associations across Gauteng, KwaZulu-Natal, and the Western Cape, Stonewood ensures that your investment is well cared for.
Their team brings deep expertise in community scheme management, backed by a thorough understanding of the Sectional Titles Schemes Management Act and Community Scheme Ombud Service Act. This allows them to offer reliable guidance while managing the scheme with transparency, efficiency, and professionalism.
From handling financial administration and coordinating meetings to overseeing insurance and ongoing maintenance, Stonewood delivers a full suite of services—ensuring your home and communal spaces are well maintained, and the building is run smoothly from day one. View Management and Conduct Rules doc.
Agent Information
Pam Golding Properties (Pty) Ltd
Pam Golding Properties has been appointed as the exclusive sales agency for The Marlow on Mill. With a legacy of excellence and over four decades of experience in South African real estate, Pam Golding Properties is known for its professionalism, integrity, and personalised service. Their dedicated team is on hand to guide buyers through every step of the process, ensuring a seamless and rewarding property journey.
Managers: Samantha Nel & Shelly Keys
Lead agents: Ashleigh Chase (079 940 0823), Dex Zweistra (067 331 7605), Lee-Ann Trout (064 997 8311)
DEVELOPMENT FACTS
Address
Mill Street, Newlands, Cape Town
View on Google Maps: https://maps.app.goo.gl/1gfUBDSTraLnGqpE6
Estimated start and completion date of development
Anticipated completion: November 2027
Anticipated commencement date: February 2026
Apartments
The Marlow on Mill offers a selection of versatile pet-friendly apartments. From studios, deluxe studios, 1-bedrooms, 2-bedrooms, 3-bedrooms and an iconic penthouse.
Fixtures, finishes & upgrades (specification doc)
All of the luxurious apartments come with high-end finishes. Details of the finishes are available in the architect’s specification document.
Amenities
The Marlow on Mill offers a premium selection of lifestyle amenities designed to elevate urban living.
Lifestyle Amenities include:
- Rooftop swimming pool with shaded seating areas, loungers, and a serviced bar
- Spectacular views of Table Mountain
- Indoor/outdoor communal braai area with individual seating pockets
- Fully equipped residents’ gym
- On-site laundry facilities
- Ground floor restaurant for added convenience.
These thoughtfully curated amenities are designed to offer residents a modern, connected lifestyle in the heart of Newlands.
Electricity and water meter
Each unit at The Marlow on Mill offers:
- A prepaid electricity meter, allowing residents to easily manage and monitor their electricity usage
- Individually metered hot and cold water via smart meters, with consumption conveniently recovered through the monthly levy invoice.
These features ensure transparency, control, and ease when it comes to managing your utilities.
Security features
Residents at The Marlow on Mill will enjoy peace of mind with a comprehensive suite of security features designed for safety and convenience:
- A secure ground floor lobby with a concierge desk and full-time on-site security.
- Controlled access to the lift lobby from the main entrance, ensuring only authorised individuals may enter residential areas.
- Access-controlled basement parking for secure vehicle entry and exit.
- A dedicated box room for safe and convenient deliveries.
- CCTV surveillance covering all entrances and key strategic points throughout the building.
These measures are in place to ensure a secure, well-managed living environment at all times.
Is parking available?
Yes, The Marlow on Mill offers four levels of secure basement parking, providing ample space for residents and ensuring convenient, hassle-free access.
Is parking included in the price of a unit?
- 1-Bedroom units include 1 secure parking bay, additionally some 1-bedroom units have a tandem bay allocated (allowing two vehicles to park behind one another), select units include a storeroom.
- 2-Bedroom units include 2 secure parking bays, plus a storeroom.
- 3-Bedroom units each include 1 tandem bay and a single bay, plus a storeroom.
- The Penthouse includes 4 secure parking bays, plus two store rooms.
What optional extras are available?
All units at The Marlow on Mill offer a range of carefully selected optional extras, allowing residents to personalise their apartments for enhanced comfort, functionality, and style:
- Air-conditioning
- Double glazing for improved insulation and soundproofing
- A curated furniture, décor, and appliances package by Weylandts, available in the following options:
- Full package (Furniture, Décor & Appliances) making the unit fully short-term letting ready. This package includes everything that a unit requires down to the knives and forks.
- Furniture & Appliances only
- Extractor hood above the stove for improved ventilation whilst cooking
- Backlit bathroom mirror for a sleek, modern aesthetic
- Balcony planting and irrigation (available on select units only)
These premium upgrades are ideal for both owner-occupiers and investors – particularly those planning to rent their units through Propr – offering elevated design, convenience, and appeal.
Are there storerooms available?
The Marlow on Mill has 68 storerooms, ranging in size from 3.03m² to 11.5m², offering practical additional space for residents. Each storeroom has been individually allocated to a specific apartment and will form part of that unit’s Exclusive Use Area (EUA) – ensuring convenient, private storage.
Air-conditioning
The penthouse at The Marlow on Mill comes standard with air-conditioning throughout, while it is available as an optional extra for all other units. *See optional extra’s section.
Furniture packs
To make moving in effortless and stylish, The Marlow on Mill offers a curated selection of furniture packs by renowned lifestyle brand Weylandts. These packages have been thoughtfully designed to complement the architectural style and finishes of the development, combining functionality with timeless elegance.
Buyers can choose from two tailored options:
- Full Package – Includes furniture, décor, and appliances, offering a complete, move-in-ready solution with beautifully styled interiors and premium appliance selections.
- Furniture & Appliances Only – Ideal for buyers who prefer to personalise their décor, while still enjoying the convenience of professionally selected furnishings and high-quality appliances.
These discounted furniture packs are perfect for homeowners seeking a turnkey solution or for investors planning to list their units through Propr, ensuring consistency, comfort, and aesthetic appeal for every guest.
Download the doc to view more.
Backup power solutions
The Marlow on Mill provides backup power to all common areas, ensuring lifeline systems – such as lighting, security, lifts and access control – remain fully operational during power outages.
Green building
The Marlow on Mill is being developed with sustainability at its core, and the project is actively pursuing IFC EDGE certification to ensure it meets international green building standards.
High-speed Wi-Fi
The Marlow on Mill will offer high-speed internet access, with each unit fully cabled and ready for seamless Wi-Fi connectivity.
Lift access
The Marlow on Mill is serviced by three modern lifts, ensuring convenient and efficient access to all levels of the development.
Pet Policy
The Marlow on Mill is a pet-friendly development which is a rare and highly appealing feature for a building of this nature in the Southern Suburbs. Pets will be allowed subject to Trustee approval and reasonable conditions, in line with standard pet ownership regulations will be applied.
RENTAL POLICY
Who is managing the rental scheme?
The Short-Term rental management provider appointed to manage the short-term rentals scheme is Propr.
Short-Term Letting Policy
Short-term letting is defined as any rental period shorter than three months. Owners at The Marlow on Mill wishing to place their apartment in the short-term letting market will benefit from Propr’s vast expertise and reach.
To maintain harmony between permanent residents and investors, the scheme’s rules allow only one appointed STL operator at any given time. This centralised approach offers significant benefits for all stakeholders and ensures consistent, high-quality service.
The trustees regularly review the commercial agreement with the STL operator to ensure owners using the service remain satisfied with both service levels and pricing.
Benefits of the exclusive STL operator include:
- A single point of contact for all STL-related queries and feedback
- A dedicated concierge desk managed by the STL operator for smooth guest check-ins and check-outs (cost borne only by STL users)
- Permanent on-site cleaning staff providing daily servicing of apartments under STL management (cost borne only by STL users)
- Ability to offer 1-night stays, thanks to economies of scale, boosting occupancy rates and potential yield
- Professional servicing of communal bar and pool areas by the STL operator
- Reduced management fees for owners who use the STL operator, reflecting cost efficiencies.
This structure strikes the ideal balance between the needs of permanent residents and investors, fostering a well-managed, vibrant community at The Marlow on Mill.
The Short-Term Rental Operator appointed is Propr and detailed information on their offering can be supplied on request.
Can I make use of external rental agencies for short-term rentals?
No, the appointed Short-Term Rental operator is Propr.
Can I make use of my apartment if I am letting it out short-term?
Yes, flexible personal use is offered allowing your unit to be available when you need it via Propr’s digital platform.
Are furniture packs available?
Yes, furniture packs are available from Weylandts. Buyers can choose from two tailored options:
- Full Package – A comprehensive, move-in-ready solution that includes furniture, décor, and premium appliances. Interiors are beautifully styled, with every detail considered – right down to crockery, cutlery, and other essentials.
- Furniture & Appliances Only – Ideal for buyers who prefer to personalise their décor, while still enjoying the convenience of professionally selected furnishings and high-quality appliances.
Download the doc to view more.
Can I furnish the apartment myself and still use the rental services provided by the appointed operator?
All apartments are able to participate in short-term rentals which are managed through Propr, the short-term letting operator. Apartments do not need to be furnished through the Weylandts furniture pack option in order to appoint Propr to manage your unit. The furniture will however need to meet standards acceptable to Propr.
Can I short-term let if I am an Owner-occupier?
Yes, Propr will let your apartment in the short-term market should we wish to do so temporarily.
Long-Term Letting Policy
Owners at The Marlow on Mill are free to engage any letting agency of their choice for long-term rentals of their apartments. Long-term letting is defined as a lease agreement between the owner and tenant for a duration of three months or more.
INTERACTIVE SALES PLATFORM
How it works
- Sales are live via the interactive price list: https://sales.themarlow.co.za/
- Here you can easily browse the available units and use the filters and sort function to narrow down your search.
- On each unit, the layout, all costs and expected rentals are shown.
- You can reserve your preferred unit/s with a R10,000 reservation fee.
Your shortlist
Your Shortlist acts as a “wish list” of units you can quickly access before and on launch day. Simply click the “Add to List” button on your favourite units. You can also reserve your preferred unit directly from your Shortlist once sales go live.
Unlocking your R100 000 launch discount
To unlock your discount, simply click the green discount button below the price on any unit and follow the prompts to complete your Buyer Profile. Once completed, the discount will be applied to all units, and the discounted prices will appear on the price list.
*Terms & Conditions apply.
The reservation process
All reservations will happen online via the interactive price list.
- Register and log in to https://sales.themarlow.co.za/.
- Click the RESERVE button on your selected unit to start the process.
- Add a parking bay if required.
- Complete the form and click PROCEED.
- Your reservation will now move to the pending state where you will have 10 minutes to finalise the reservation.
- You will then pay your R10,000 reservation fee via the following methods:
- Visa or Mastercard
- Masterpass
- Snapscan
- Once the R10,000 fee is concluded, your unit will be reserved!*
- You will then receive an email from our team confirming your reservation.
*Ts&Cs Apply
Next steps:
- The Agreement of Sale will be sent to you via email, this will need to be signed and returned to us within 48 hours from receiving it.
- The full deposit required is 10% of the purchase price within 7 days from receiving a counter-signed agreement of sale. The deposit is paid into the transferring attorney’s interest-bearing trust account and your money will earn interest for you subject to you providing your required FICA documentation.
- The balance (90%) will need to be secured within 30 days by either a bond approval, bank guarantee, or cash.
- Alternatively, we will also accept a 30% non-refundable deposit with the balance payable 90 days prior to the transfer.
Benefits of purchasing at launch
Purchasing at launch offers a rare and strategic opportunity to secure the best possible value in this landmark Newlands development. Here’s why early buyers benefit most:
- A significant R100,000 launch discount
- Buying at launch gives you first pick of the most desirable units – whether it’s the perfect orientation, top-floor views, private outdoor spaces, or preferred layouts. These units are limited and go quickly.
- A rare opportunity to own a property in an exclusive upmarket Cape Town neighbourhood, with a prime location and proximity to key amenities and tourist attractions.
- Securing your place in a premium, architecturally significant development from day one adds a sense of pride and peace of mind. The Marlow on Mill’s innovative and sustainable design, upmarket finishes, and reputable team ensure a sound, future-forward investment.
GENERAL PURCHASE QUESTIONS
Finance options
Financed/Bonded Purchases:
A minimum 10% deposit is required, with the balance secured through an approved home loan.
- The deposit must be paid within 7 days of signing the Agreement of Sale.
- It is to be paid into the transferring attorney’s interest-bearing trust account, where it will earn interest for your benefit.
- The remaining 90% must be secured by means of a formal bond approval from a registered financial institution within 30 days of signing the contract.
Cash Purchases:
A deposit is payable within 7 days of receiving the signed Agreement of Sale. Buyers may choose one of the following two payment options:
- Option 1: Pay a 30% non-refundable deposit, with the balance payable to the transferring attorneys no later than 90 days before lodgement.
- Option 2: Pay a 10% deposit, and provide a bank guarantee for the balance of the purchase price within 30 days of purchase.
These flexible options are designed to accommodate varying buyer preferences while ensuring a smooth transaction process.
What happens if my bond is not approved, do I get my deposit back?
Yes, the deal is subject to your bond being approved and should it not be approved the deposit is paid back to you with interest. If you are unsure if you can afford the bond it is a good idea to get pre-qualified prior to the launch as the R10,000 reservation fee is not refundable.
Use the BetterBond DigiApp to get pre-approved: https://digiapp.betterbond.co.za/AnnerieThiart/102969/103092
Once my bond is approved, when do I start paying?
Bond repayments will only commence after the development has been completed and once the transfer of the apartment you have purchased, has taken place.
Bond registration costs
Bond costs are payable to the Attorney, appointed by the bank, handling the registration of the bond. This fee will become due and payable by you, as the buyer, at the time that the bond registers, once the development is complete.
Transfer duties
No transfer duty is payable, as the seller is VAT registered. However, standard transfer fees (attorney costs) will still apply and are payable by the purchaser.
What are the transfer fees?
Transfer fees refer to the legal and administrative costs paid to the conveyancing attorney for registering the property in the buyer’s name. For example, on a purchase price of R2.299 million, estimated transfer fees would be approximately R40,142.**
You can calculate your estimated transfer fees using the following link:
BetterBond Bond & Transfer Cost Calculator
* Be sure to select “Yes” when asked if the seller is registered for VAT.
** Please note that these figures are estimates and may be subject to change.
What do the levies include?
Levies cover the ongoing costs of security, cleaning, and maintenance of all common areas, as well as building insurance, operational expenses, and management fees associated with the upkeep and administration of the development.
The levies are calculated based the participation quota (PQ) of each unit and their exclusive use area (EUA). Estimated levies of each unit are included in the price list.
Rates
Estimated rates are included in the price list.
As at *July 2025 the rates payable are calculated based on the value of the property and then multiplied by 0.006161 to get your yearly rates. Divide this by 12 to get your monthly rates.
Example:
(R2,299 million property)
R2,299,000 x 0.006161 = R14 164 per annum
This equates to R1 180 per month
Are there any hidden costs?
There are no hidden costs – the contract price is VAT-inclusive and transfer duty-free. Additional costs are:
- Additional costs include monthly rates and levies, as outlined above.
- Bond registration fees will be due prior to bond registration when you take transfer of your unit. Transfer costs will also apply at that stage, but these are generally offset by the interest earned on your deposit during the construction period.
- The contract price represents the total amount payable for the property. Be aware that occupational interest becomes payable from the date you take occupation until the property is officially transferred into your name.
- Please note that municipal rates, taxes, and the Community Improvement District (CID) levy will apply. The CID monthly levy is calculated at 0.002109 of the value of the unit.
When will we be able to move in/find a tenant?
Upon completion of the development, the transfer process will begin. Occupation will be granted as soon as the occupation certificate is issued, allowing you to either move into or rent out your apartment from that date.
It is important to note that occupational interest becomes payable from the date you take occupation until the property is officially transferred into your name.
Buying off-plan property in Cape Town
- Average Annual Growth for Sectional Title Properties in the City of Cape Town from 2015-2025 has been 7.1% (*Source: https://www.statssa.gov.za)
- Your tenant effectively contributes towards paying off your investment property and bond, easing your financial commitment.
- Rental income typically rises annually, while bond repayments remain fixed, making your mortgage increasingly affordable relative to rising salaries and inflation.
- There is strong demand for secure, luxury properties in Cape Town – particularly in sought-after suburbs like Newlands – offering a sound and stable long-term investment.
- Delaying entry into the property market often results in higher purchase prices, making early investment more advantageous.
- Property investment provides a reliable pathway to building long-term, sustainable wealth and generating an increasing annuity income over time.
TAX INCENTIVES
Section 13Sex Tax Incentive
Investors have access to powerful tax incentives, including the popular Section 13sex of the Income Tax Act No 58 of 1962. This scheme enables any taxpayer who owns five or more new, residential rental units (do not all have to be from the same development), to claim up to 55% of the purchase price as a tax deduction.
Example
- Purchase five units at a total purchase price of R10 000 000
- Minus the launch discount = R500 000 (R100 000 per unit, if purchased on launch)
- Final purchase price = R9 500 000
- Deemed purchase price = R5 225 000 (55% of final purchase price)
- 5% of the deemed price may be used as a tax deduction per year
This works out to a tax deduction (tax write-off) of R261 250 per year for 20 years.
Total tax write-off = R5 225 000 (over 20 years)
Taxpayer criteria
- The taxpayer must own at least 5 residential units. The deal kicks in once the buyer takes ownership of their 5th new unit. A residential unit refers to a building or self-contained apartment, mainly used for residential accommodation with the exclusion of structures used for business purposes, for example, hotels.
- All units must be situated in South Africa.
- Residential units must have been purchased new and unused. (For example, buyers of flats that had previously been occupied would not qualify for this incentive.)
- The units must be used solely for the purpose of trade (i.e. residential letting). This prevents housing claims for personal use.
- Please consult your tax advisor for further clarification and information.
