A chance to enjoy the best of both worlds
ANEW development is taking shape in the Cape town of Stellenbosch, which is about 28km from Cape Town International Airport.
Stellenbosch, which was founded is 1679, is at the head of the Eerste River Valley and home to a major wine region. The town still pays homage to its culture and heritage, evident in the care taken for aesthetic values. The influence of many architectural styles over the past three centuries is seen in the many restored buildings.
The new development, Andringa Walk, will consist of 119 apartments, including bachelor, one-, two- and three-bedroom units, and a few duplexes.
It will have a direct link to the Eikestad Mall, allowing residents to utilise its array of shops, restaurants and entertainment facilities. Pam Golding Properties has the exclusive mandate to market the apartments, which are priced from R1,4m to R3,35m, inclusive of VAT.
Louise Varga, Pam Golding Properties’ project manager for the development, says construction of the apartments is already well under way. The site will include two floors of retail space, including a Woolworths, Food Lovers’ Market and Virgin Active Gym. These will be topped by a large podium level containing Andringa Walk’s ground floor and a large communal open garden.
The 30 apartments on this level will all have their own private gardens in addition to the extensive communal space. A further two levels of apartments above these will have views of the surrounding mountains and vineyards. The units range in size from 33m² to 123m², with high-quality finishes including marble countertops and bathroom vanities. The building will have round-the-clock security, with a 24-hour concierge and its own private elevators.
Varga says while the building is contemporary in style it has been designed to blend harmoniously with its heritage surroundings.
“This is the historic heart of the town, with numerous national monuments, gracious homesteads and massive oak trees lining the streets. There is a wonderful street café atmosphere in the surrounding area, and residents will be able to tap into this relaxed environment as well as enjoy the convenience of living connected to their own shopping mall.
“The university campus is just a few minutes’ walk away, making this a very attractive location for students, with significant potential for rental income as a result. It is a simply unparalleled location that should attract sustained demand,” she says.
Annien Borg, Pam Golding Properties’ MD for the Boland and Overberg region, says the developers, Abacus Asset Management, are renowned for their commitment to green building standards, including energy reduction, recycling of grey and rain water, and the use of natural light.
“This approach is also being applied at Andringa Walk to create the ideal private retreat in the heart of town,” she says.
Parking spaces can be purchased at extra cost in the secure basement area, where residents will also be able to rent storage space if they need to store big items such as mountain-bikes and other sporting equipment.
Occupation is anticipated from October next year. Price From R1,4m to R3,35m inclusive of VAT Contact: Pam Golding Properties Vanessa Johnson 082 588 7007 Louise Varga 082 552 4118 Office 021 887 1017