Stand-alone business units prove a major attraction at Century City.

Posted On Monday, 17 February 2003 10:01 Published by
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CONSTRUCTION of the first two office blocks in Waterford Mews, a cluster of 12 stand-alone units at Century City, has started.

CONSTRUCTION of the first two office blocks in Waterford Mews, a cluster of 12 stand-alone units at Century City, has started. Waterford Mews is the first development at Century City allowing buyers to acquire 'own front door' freehold title units from as small as 150m2.

Tony Bales, sales and marketing manager of the developer, Century City Ltd, said the project was a response to strong market demand from small-to-medium size users and the units had been snapped up in record time with only three remaining to be sold.

While a few buyers have bought for investment purposes, the majority will occupy their own buildings, he said.

The development is taking place on a 7 957m2 site within the well-secured Waterford precinct, which is already home to a number of blue-chip corporates including PricewaterhouseCoopers, Vodacom, Comparex, Old Mutual Private Bank, The Louis Group, Unisys, SAP SA, Discovery Health, Nashua and Telkom.

The site, which nestles between PricewaterhouseCoopers' regional offices and Waterford Place, stretches over both sides of the canal allowing for seven canal-fronting office blocks in a landscaped environment.

Two other office blocks have N1 frontage, with the remaining four fronting onto Century Boulevard, the main road within Century City.

The two level units vary between 150m2 and 954m2. Ample undercover and open parking will be provided. Buyers have the option of acquiring land and developing it themselves or acquiring a turnkey development solution.

Architect Wim Coetzee, whose firm Maas and Coetzee is responsible for the design of the first two units at Waterford Mews now under construction and which is developing one of the sites for their own new head office, says the development offers a unique opportunity for smaller business to be located in a purpose-designed, canal-fronting/mountain-view location within the greater Century City security environment.

'The quality of lifestyle offered by Century City generally and this development in particular is unrivalled.

'The guideline architectural approach for the Mews Development attempts to complement the surrounding architectural language while simplifying detail and expression suited to a more intimate environment, allowing tremendous design freedom to suit a more contemporary studio-style internal approach.

'Maas and Coetzee Architects have been associated with Century City since 1996 and we jumped at the opportunity to establish our own design studio in the Waterford Mews development as the environment created and investment value are unsurpassed.'

Work on at least five further buildings in the mews development is expected to start shortly with the balance by the end of the year.

Publisher: Weekend Argus
Source: Weekend Argus

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