The Riverine, Rondebosch: Boutique Units with Big Upside

Background

‍Tucked into a quiet, leafy cul-de-sac at 67 Albion Road, Rondebosch, The Riverine offers a limited release of just 19 apartments garden duplexes, 2-beds and penthouses, blending sanctuary living with Southern Suburbs convenience.

Expect secure, modern design, communal leisure spaces and future-proofed services (backup power, CCTV, access control). Completion: Q3 2027.

Investor Snapshot

• Location: 67 Albion Rd, Rondebosch, Cape Town (minutes to UCT, top schools, hospitals, rail/road links)
• Developer: Horizon Capital Residential
• Scheme: The Riverine — sectional title, low-density (19 units)
• Typologies: Garden duplexes • 2-bed apartments • Penthouses
• Amenities: Communal pool, braai area, landscaped gardens, pet-friendly, secure parking included, CCTV, access control, electric fencing, backup power
• Pricing (guide):
  • From R3,795,000 (±60–76 m² one/compact two-bed)
  • Core 2-beds R4,395,000–R5,295,000 (±68–88 m²)
  • Penthouses R6,495,000–R7,495,000 (±103 m² total)
  • Selected units reserved; detailed availability on request
• Launch value: R200,000 discount for first 10 reservations + draw for 2× R50,000 furniture vouchers (Weylandts/Sofa Company)
• ROI (indicative gross): Around 4.8% - 6.2% on new 2-beds, assuming market rentals of R18k–R24k pm (net yield lower after levies/rates; verify per unit)

Why Invest

• Scarcity value: Only 19 units in a blue-chip node with tight new-build supply.
• Tenant demand drivers: Proximity to UCT, schools and medical precincts supports steady student/young-professional and downsizer demand.
• Yield + lifestyle: Sub-R5m 2-beds in Rondebosch with modern spec, secure parking and backup power are rare; rental appeal is strong.
• Future-proofing: Backup power and robust security reduce vacancy friction and protect rent rolls.
• Launch incentives: R200k discount for early buyers enhances entry pricing and IRR.

Contact Us
CLICK HERE https://www.rei.co.za/contact-us
The Riverine Info Pack and we’ll send the brochure, floorplans and OTP. Viewings and virtual walkthroughs can be arranged on request.