Tuesday, 28 March 2017 14:17

Signatura launches Cosmopolitan lifestyle on Bantry Bay/Sea Point cusp

Written by
Rate this item
(0 votes)

Some of the most exclusive real estate in the country – Cape Town’s Atlantic Seaboard – will shortly have a new addition to the portfolio with the launch of The Cosmopolitan residential development.

Sea_PointCusp

One of the long-established Signatura Group’s most prestigious projects, The Cosmopolitan, will be located just over 200 metres from Queen’s Beach. Opposite King’s Road at the terminus of Regent Road, it will rise on the cusp between Bantry Bay and Sea Point.

Including three magnificent penthouses, 35 apartments will be located on the top six floors of the nine-storey building. Units will range from 42m² bachelor units to the largest 187m² penthouse, with prices starting at R2,5 million.

There is plentiful parking on the lower floors, with a ground floor retail section. Negotiations are currently underway for a welcoming bistro/coffee shop outlet.

“It is a rare opportunity to acquire such a prime site, benefitting from the seafront/ mountain cross-section, in a well-established area,” said Signatura Chief Executive Jonathan Stoller. “A seaboard address is inherently valuable and we intend maximising its full potential.”

Property is increasingly in demand following urban regeneration and community safety projects, underpinned by migration from across the country to the Western Cape.

Sea Point is one of the city’s most cosmopolitan neighbourhoods, featuring a picturesque, recently-enhanced beachfront promenade, small upmarket shopping centres, and a variety of restaurants, clubs and coffee shops. The MyCiti bus service brings Clifton’s beaches, the central city, V&A Waterfront and good schools within easy reach.

Just about everything you need can be found in this part of the city. Queen’s Beach is the most popular of the Sea Point beaches for sunbathing. It is the most secluded and a shallow gully between the rocks provides a safe spot to swim.

The Point shopping and wellness centre in Regent Road is ideal for meeting up with friends for coffee, enjoying an invigorating workout at one of South Africa’s premier gyms, getting medical care and stocking up on groceries.

Main Road offers Piazza St John (Woolworths, Ocean Basket, trendy shops and coffee bars) while Piazza Da Luz has  a Spar, restaurants, hair, beauty and health  outlets.  

Sea Point has a long-established reputation for excellent food. Welcoming family-owned Mediterranean restaurants are now complemented by cutting-edge eateries bringing enticing international flavours, from tapas-style authentic Southern Indian cuisine, to tasty Latin American-inspired tacos.

Signatura is collaborating with Fabian Architects and Make Studios on The Cosmopolitan. Their architecture and interior design responds to the desirable location by creating inward space around a light well, plus outward space to the city and the sun, said Fabian Architects and Make Studio partner Andries Samuel. This will maximise both interior living space and views from the apartments, with balconies looking out to the sea and sunsets.

“The building is designed in a classic, but contemporary style. This is in keeping with the generally Art Deco and Modern flavours of the buildings of the neighbourhood, but also suits the complex expression needed for an urban site.

“The materials will reflect the complexity found in the building and the site. They are simple and robust because they will be combined and recombined throughout the building in a striking way. This allows great diversity from a simple palette.”

The penthouses will have access to private roof terraces via a showcase stairway.

Lines of plant boxes will accentuate the façade and greenery will soften the roof edges. The naturally ventilated parking floors will also have spaces for scooters and bicycles, so that residents can make the most of the surrounding streets and mountain slopes.

Last modified on Tuesday, 28 March 2017 14:46

Most Popular

How smart corporates are maximising returns by consolidating their property footprint

Sep 01, 2017
Amrod
For businesses that are seeking to be more efficient and productive, consolidating…

JSE listed Rebosis Property Fund announces R917 million B-BBEE transaction

Sep 01, 2017
Andile Mazwai COO Rebosis
Rebosis Property Fund, the JSE’s first listed black-managed and significantly black owned…

The Property Practitioners Bill set to transform the entire property market

Sep 19, 2017
Storme Heath CAF2
Gazetted in March 2017 for comment, the long-awaited Property Practitioners Bill is…

Growthpoint Properties posts forecast-beating distribution growth and achieves key strategic successes

Aug 31, 2017
Growthpoint Norbert Sasse
Growthpoint Properties today posted distribution growth of 6.9% per share for its…

Energy saving technologies will help consumers prepare for massive electricity price hikes in 2018

Sep 06, 2017
Cala van der Westhuizen
The latest ruling by the Constitutional Court, allowing Eskom to retrospectively ask the…