117 on Strand is ideal for sophisticated city dwellers, young professionals and investors in the letting market, with easy access to all the lifestyle attractions and offices of central city Cape Town, Cape Quarter, Atlantic Seaboard and the V&A Waterfront – an easy walk to many venues, or quick trip on the MyCiti bus.
The developer, Ingenuity CEO Arnold Maresky, says: “City rejuvenation has led to an extremely vibrant and liveable city centre and 117 on Strand will offer the best of modern living in an area that combines rich history with timeless appeal.”
Laurie Wener, Pam Golding Properties Senior Executive Developments – Cape Region, says: “The city centre has seen capital growth of some 800% since 2003, when the first major residential conversion, Mutual Heights in Darling Street, had approximately 174 units sold at a paltry R6000/m² m in one week.”
“The city centre has seen capital growth of some 800% since 2003”
Offering luxurious studio apartments priced from R2,255 million (VAT- inclusive, with no transfer duty payable), through to four three-bedroomed duplex penthouses ranging from 169m² to 233m² and situated on the highest floors of the tower block. These enviable penthouse apartments will offer double-volume spaces wrapped around the four corners of the building, making the most of the spectacular views. A limited number of apartments will have terraces, ideal for making the most of relaxing summer days and evenings.
Finishes will include high quality flooring, Italian porcelain tiles and imported sanitary ware and taps, with buyers being able to choose from different themes to tailor their apartments to their tastes.
117 on Strand has been designed to achieve a four star Green Building rating and incorporates numerous energy-efficient features for optimal environmental performance (and cost savings for owners). Construction is scheduled to start in September and the units should be completed in the third quarter of 2018.
Contact Pam Golding Properties, City Bowl, for more.
