The August launch of The Docklands, an upmarket apartment block in the highly desired Prestwich Street in De Waterkant, Cape Town comes at just the right time.
There is a variety of apartments in a number of Cape Town CBD and Foreshore developments currently under construction or about to be released on to the market. However, there is very little stock available in the trendy and cosmopolitan De Waterkant neighbourhood, according to Jayson Sprawson, who will be marketing the new development as part of Tyson Properties Cape Town.
He says it’s important for those wishing to buy at The Docklands to get in early as those who invest in properties in that neighbourhood seldom sell.
The apartment block – which includes a variety of one and two bedroomed apartments as well as two 144m² penthouses – has drawn a great deal of interest since construction began late last year.
Designed by FWJK Developments’ architectural division, it sports an edgy architectural style and comes with luxury interiors. “In short, The Docklands fills a long-standing gap in the Cape Town real estate market for stylish, contemporary accommodation,” Sprawson points out.
According to Dave Williams-Jones, CEO of FWJK Developments, The Docklands offers residents the must-haves for modern daily living including high speed, fibre optic internet, secure undercover parking and 24/7 manned security with access control and a white glove concierge.
The development is one of FWJK’s projects under construction in Cape Town totalling R1,8 billion,” added Williams-Jones.
“What’s really important is that we are selling a lifestyle that is on par with some of the most fashionable in the world,” says Sprawson.
The Docklands comes with a magnificent roof top pool deck and entertainment area with stunning views of South Africa’s most beautiful city, the mountains and the sea. The Vida E café on the ground floor not only serves superb coffee but adds to the urban chic vibe.
Sprawson says De Waterkant, which is the mother city’s IT playground and home to a host of creative and communications companies, has its own unique energy and pulse.
The city’s top restaurants and eateries are virtually on the doorstep and both the nightlife and sporting events in Cape Town that can help stressed city slickers to kick back and chill are also close by.
A retail experience second to none is just a stroll away with some of the country’s best shopping at the V&A Waterfront, iconic Foundry and historic Cape Quarter which offers an upmarket and sophisticated take on the precinct’s unique history.
Sprawson says an apartment at The Docklands is an excellent investment for both those wishing to live alongside the city beat and those looking for the ideal lock-up-and-go residence.
“The area is equally attractive to foreign buyers and local people buying to live the trendy and upmarket lifestyle of De Waterkant. Semigrating South Africans as well as straight forward investors also want in as the demand creates excellent capital growth and a good rental return. The Docklands is also positioned perfectly for Airbnb as so many travellers love the area,” he says.
Apartments are priced from R2,85 million for a one bedroomed apartment to R9,4 million for a penthouse apartment.
The development is scheduled for completion in August 2018.