Neighbourhood 24 MARCH 2019
PROPERTY & LIFESTYLE
Live, work, play Mixed-use developments are all the rage right now – and with good reason, page 2
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PROPERTY NEWS
24 MARCH 2019
Neighbourhood
Property focus
Opportunities in the mix Wherever a new development is going up along a city skyline, there’s a good chance the billboards will proclaim ‘mixed use’ WORDS: GEORGINA GUEDES
IMAGES: SUPPLIED & SHUTTERSTOCK
RIVERSANDS, JOBURG
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ixed-use developments make sense for the developer, who can hedge their investment bets across a range of property types. But they also offer significant appeal to buyers, who can beat the traffic and keep their petrol prices down by staying within their precinct, which should – if it delivers on the mixed-use promise – fulfil all their “live, work, play” requirements. “These types of development are taking inspiration from international trends parallelling global demand for investment in locations where you can live, work and play,” says Nicholas Stopforth, managing director, Amdec Group, which is responsible for the award-winning Melrose Arch development in Joburg, and the stillunder-construction Harbour Arch in Cape Town. “We’re utilising space to its greatest capacity in major city centres and offering a safe, convenient urban living experience, but it also boasts fantastic real-estate returns.”
OASIS LUXURY RETIREMENT RESORT, CENTURY CITY
PUBLISHED BY TIMES MEDIA PROPERTY PUBLISHING 1st Floor, Block H, Sable Square cnr Bosmansdam and Ratanga roads Milnerton, Cape Town
Alex Oberholzer, Sandton area specialist, Knight Frank, says the popularity of mixed-use developments has been growing steadily in South Africa over the last five years.
“Property developers are capatalising on this movement with new precincts popping up all over South Africa. Consumer convenience, new building technology and a ‘new population culture’ are major driving factors for these developments,” he says. “Their popularity is greatly concentrated in the main business hubs in and around South Africa. It’s driven by the ‘live, work, play’ movement in the market where individuals want to live close to where they work with less travel time, and it also requires the need for the retail component to maximise efficiency and drive convenience.” He adds that there’s further appeal in the sustainability, security and efficiency of the overall design of these mixed-use spaces.
These are some of the leading mixed-use developments in South Africa right now:
KwaZulu-Natal Gold Coast Estate Set within the Sibaya Coastal Precinct, Gold Coast Estate developed by
Devmco is a secure estate situated between dense coastal forest and the sands of the North Coast. It offers freestanding homes, beach pad apartments and recreational amenities across four villages called Maui, Bondai, Kirra and Laguna. Features include a clubhouse, wine cellar and events venue, kids area with supertubes and fountains, lazy lounge area, lap pool, private gym, squash court, aerobics studio, restaurant, business lounge, jogging and cycling paths, and many more modern conveniences and leisure facilities.
Joburg The Houghton The hotel component of this mixeduse apartment block in Houghton, Joburg will be completed shortly. “The Houghton will soon celebrate the much anticipated completion and launch of The Houghton Hotel, with the final phase of apartments also done. The hype around owning a property at The Houghton address has only increased enthusiasm among international investors, as well as local families seeking a secure, convenient,
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24 MARCH 2019
Neighbourhood
PROPERTY NEWS
luxurious lifestyle with the amenities of a five-star hotel at their disposal,” says The Houghton director Arnold Forman. Sandton Gate This is a brand-new precinct on the doorstep of the Sandton CBD. The all-inclusive precinct makes it possible for residents to maintain a balanced lifestyle within its gates, with residential, office, retail, active and environmental space all on offer. Sandton Gate Terrace has recently been launched as one of the highlights of the development. “Comprising 137 luxury apartments, Sandton Gate Terrace overlooks the lush Braamfontein-spruit and was designed for private, open-plan living,” says Simon van Helsdingen, Sandton Gate development manager, Abland. “Each apartment makes the most of natural light and facilitates modern lifestyles with large balconies and savvy floorplans.” Riversands The Riversands development is following a similar concept to that of Waterfall City, where Century has been extremely successful. “The main difference is the realisation that this specific precinct needs to be more affordable and cater to an emerging LSM group. Upon completion, Riversands will offer residential nodes, commercial precincts, educational institutions, retail parks and light industrial warehousing – creating an economy within one development,” says Jessica Hofmeyr, the executive of sales, rentals, marketing and operations, Century Property Developments. She believes Riversands will become an extremely desirable place to live
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in and work from, where people can enjoy a varied and healthy lifestyle, all within walking distance.
Cape Town Harbour Arch This development provides a prime opportunity to invest in the Cape Town CBD’s first large-scale, innercity, mixed-use precinct. Like Melrose Arch, this precinct will encapsulate the principles of new urban living, and present an opportunity for people to live, work, play, relax, and stay in a safe, convenient, enjoyable and sustainable community-focussed environment. Located close to the city and its surrounds, Harbour Arch’s six towers will be located alongside landscaped public spaces with shops, restaurants, cocktail bars, international hotels, offices, health clubs and a range of residential apartments.
Port Elizabeth Westbrook This Amdec development is its own trendy hub of Port Elizabeth, which adds “shop, retire” to “live, work, play”. It’s just 15km from the city centre on 128ha of land, boasting a variety of housing options, a school, retail outlets, and 48ha of open space with parks, wide pavements and green spaces. “What’s really special about Westbrook is that it ’s not just a secure lifestyle estate. It’s a community where people of all ages can live, learn, work and play,” says Clifford Oosthuizen, managing director, Westbrook. “People here enjoy all the benefits of a safe and secure estate, with a very relaxed atmosphere and a great sense of community.”
MIXED USE IS BIG IN RETIREMENT TOO Oasis Luxury Retirement Resort in Century City falls within the Century City mixeduse development which offers residents every amenity right on their doorstep. It also boasts a wide range of its own lifestyle components for residents. These include a club house, a 25m indoor heated pool, a massage room, sauna, steam room, gym, a library, lounge areas, a restaurant, bar, a bridge room and a billiard room. AMDEC HARBOUR ARCH, CAPE TOWN
beach resort
Book your school holiday break at Salt Rock Hotel for Amazing sea views, Tidal Pool, Dolphin viewing fresh Oysters & of course our famous curries
Your Home, Our Core Business
SHAKAS ROCK 3 BEDROOM APARTMENT IN SHAKAS ROCK
R2 350 000
Top floor unit with stunning sea views. Main en suite - both bedrs open onto a covered balcony with unlimited views. Open-plan lounge & kitchen with granite tops. Fittings for 2 appliances. Pool just a few steps away from unit. 1 lock up garage.
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SHAKAS ROCK 3 BEDROOM APARTMENT WITH SEA VIEWS!
R3 250 000
Main en suite with a sea view & access to covered patio. Full 2nd bathr serves 2nd & 3rd bedrs. Lounge, dining room & kitchen are open-plan. 1 lock up garage & 1 parking. Pool on premises! To be sold fully furnished!
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SHAKAS ROCK
R2 650 000
4 BEDROOM DUPLEX - WALKING DISTANCE TO THE BEACH 4 bedr, 2.5 bathr duplex apartment with easy access to shopping centres, schools & churches. Open-plan lounge, dining room & modern kitchen, opens onto covered patio with Jacuzzi. Pet friendly. Double garage. Communal swimming pool & garden.
WEB REF: AP 12567 YVONNE WICKS - 082 333 1799
SALT ROCK PRISTINE 3 BEDROOM APARTMENT IN SALT ROCK
R4 750 000
This home has a beautifully designed interior & is in a secure complex. Only 6 units in the complex & a communal pool. 3 bedrs all with en suite bathrs. Open-plan kitchen, lounge & dining room with enclosed patio. Lots more!
WEB REF: AP 12486 YVONNE WICKS - 082 333 1799 T
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SEAWARD ESTATES SOLE MANDATE
IMMACULATE 4 BEDROOM FAMILY HOME
R3 395 000
Freestanding 3 storey home in Secure Gated Estate. Open-plan living leads onto an enclosed balcony. Kitchen with granite tops, courtyard, pool & undercover patio. 4 bedrs, 3 full bathrs & outside flatlet with own entrance.
WEB REF: AP 12463 YVONNE WICKS - 082 333 1799
SEAWARD ESTATES
R1 780 000
BRAND NEW DEVELOPMENT - NO TRANSFER DUTY
Ecologically rich, ZUKA VALLEY is the final large-scale development at Seaward Estates ensuring privacy & convenience. Walking distance to Ashton International College, shopping centers & Netcare Hospital.
WEB REF: AP 12598 YVONNE WICKS - 082 333 1799
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ONLINE PROPERTY AUCTION 10th APRIL Bidding opens 8am
4 APOSTLE STEPS WAY, CLIFTON. ERF 96
THE REEDS AT BALGOWAN ECO ESTATE, KZN MIDLANDS
One of the last remaining vacant stands with exceptional views.
Entire eco estate with modern design main lodge and 8 serviced stands plus 17 Ha forest. * The eco estate and forest are sold separately.
455 m2
44.33 Ha
233 BLUE CRANE DRIVE, WESTLAKE COUNTRY CLUB & SAFARI ESTATE, NORTH WEST
Home in Eco Estate. 5 bed, 5 bath - all en suite, garage, pool, staff quarters. 5
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156 BENGUELA COVE ESTATE, HERMANUS Designer home in secure private wine estate, with panoramic views over lagoon and Kogelberg mountains. 4
4
2.5
2 036m 2
52 SYCAMORE AVE, ALBERT FALLS, KZN MIDLANDS
5 Bedroom home with 8 564 m2 of land.
92 UMAVOTI ROAD, ALBERT FALLS, KZN MIDLANDS 6 928 m2 of land with 3 houses. 5
5
2
2
8 564m 2
Cottage:
2 3
1
6 928m 2 2
16
15
EMOYENI, NELSPRUIT
+/- 173 Ha Development land next to Emoyeni Mall. Ptn 15 & 16 of the farm Broerdershoek No. 129, Nelspruit. 4
3.5
3
4 556m 2
DOOR 10, VILLA DE VANTRE, UVONGO
Large double storey unit.
40 BANKSIDE CRESCENT, KINGSWOOD GOLF ESTATE, GEORGE
UNIT 3 CRESWELL COURT, HIGH LEVEL ROAD, SEA POINT
Vacant stand in exclusive golf estate. 3
3
478m 2
BANK AUCTIONS
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2
Parking
62m 2
840m 2
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COMMERCIAL UPMARKET OFFICES TO LET : POINT WATERFRONT 1084m2 at R130pm2 Time to make your move! Double story AAA Grade offices with incredible exposure in the secure Point Waterfront which is well on its way at becoming the symbol for the future of Durban. These premises are positioned directly in front of the new Cruise Line Terminal which is underway and due for completion by March 2020. The building’s interior has exceptional aesthetic and modern finishes creating a wonderfully motivating work environment. Ideally located within walking distance to Ushaka Marine World, cafés and restaurants. Ample shaded parking and additional off street parking. Do not miss out! CONTACT: KALE - 073 469 4894
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