Re­tire in style and lux­ury

Palm Royale, a new R255m sec­tional ti­tle apart­ment block, will be built as part of the award-win­ning Oa­sis Lux­ury Re­tire­ment Re­sort at Cen­tury City. Michelle Funke finds out more

Business Day - Home Front - - HOMEFRONT -

THE go-ahead for the Oa­sis Lux­ury Re­tire­ment Re­sort at Cen­tury City fol­lows the achieve­ment of pre-launch sales of close to R100m, the near sell out of the first two apart­ment blocks and the re­cent ac­qui­si­tion of a 50% stake in the Oa­sis Joint Ven­ture by the Ra­bie Prop­erty Group.

Colin Green, a di­rec­tor of Ra­bie, said Palm Royale, the newly launched apart­ments at the Oa­sis Lux­ury Re­tire­ment Re­sort, will com­prise 58 lux­ury two- and three-bed­room sec­tional ti­tle apart­ments that are priced from R2.45m to about R8m.

The apart­ments, which will be set in a high-rise block of 11 storeys, range in size from around 110m² to 237m² and vary from gar­den apart­ments to homes in the sky. Many of the apart­ments boast spa­cious bal­conies suit­able for en­ter­tain­ing. All units will have base­ment park­ing bays and store rooms will also be avail­able.

All the apart­ments have been de­signed with the finest at­ten­tion to de­tail. Spe­cial fea­tures in­clude large, spa­cious liv­ing ar­eas and rooms, open ter­races or sun­rooms and low win­dowsills al­low­ing for un­in­ter­rupted views of Ta­ble Moun­tain and the ocean.

The kitchens have been de­signed to op­ti­mise space, fit­ted with the finest ap­pli­ances and gran­ite sur­faces. State-of-the-art, mod­ern bath­rooms, am­ple cup­board space and qual­ity fin­ishes all add to the over­all ap­peal.

Each apart­ment com­plex has its own se­cure, mon­i­tored un­der­cover park­ing, foyer, res­i­dents' lounge and twin lifts. All apart­ments have DStv and in­ter­net con­nec­tiv­ity, an in­ter­com, in­ter­nal and ex­ter­nal tele­phone sys­tems and un­der floor heat­ing.

The Oa­sis Re­tire­ment Re­sort en­sures an ef­fort­less life­style with a ded­i­cated 24-hour concierge ser­vice cater­ing to a res­i­dent’s ev­ery need. From re­ceiv­ing guests to deal­ing with queries and emer­gen­cies, the concierge takes care of time-con­sum­ing daily tasks.

Palm Royale utilises the most up to date en­ergy ef­fi­cient tech­nol­ogy. Wa­ter heat­ing and air con- di­tion­ing are pow­ered by a unique pump sys­tem. Low en­ergy and mo­tion sen­sor ac­ti­vated lighting and en­ergy ef­fi­cient ex­ter­nal glaz­ing are ad­di­tional green fea­tures.

To date, the Club House, the Care Cen­tre and the first two blocks of apart­ments — Palm Grove and Palm Spring — have been built. Only two of the 174 apart­ments in these blocks have not yet been sold, with sales to date ex­ceed­ing R330m.

Palm Royale will be linked to the Oa­sis Club and its fa­cil­i­ties. The Oa­sis Club, which of­fers both in­door and out­door fa­cil­i­ties, in­cludes a 25m in­door heated pool, mas­sage room, sauna, steam room, fully equipped gym, a li­brary, lounge ar­eas, a res­tau­rant, bar and bil­liard room.

Owen Futeran of Har­ries Con­sor­tium — Ra­bie’s part­ner in the joint ven­ture — said lessons learnt to date had been ap­plied to the ori­en­ta­tion and de­sign of Palm Royale, which will of­fer larger and even more up­mar­ket ac­com­mo­da­tion than pre­vi­ously.

“An anal­y­sis of pur­chasers to date shows their pro­file varies con­sid­er­ably from re­tired owner oc­cu­piers to peo­ple in their 50s who are still ac­tively em­ployed and who have bought into the Oa­sis for the qual­ity of life­style it of­fers. We have also seen a num­ber of in­vestors buy­ing to let or buy­ing for their own fu­ture use. The fact that we are sell­ing on a sec­tional ti­tle ba­sis makes it very pop­u­lar with in­vestors and with those look­ing to safe­guard the value of their as­sets.”

The Oa­sis Care Cen­tre of­fers ho­tel-style as­sisted liv­ing apart­ments and frail care. Its li­cense was re­cently up­graded by the Depart­ment of Health from a Sub Acute dis­ci­pline to a Phys­i­cal Re­ha­bil­i­ta­tion dis­ci­pline.

Con­struc­tion of Palm Royale is expected to start next month, with han­dovers sched­uled to take place in March 2014. Price: R2.45m to R8m Contact: Oa­sis Re­tire­ment Re­sort Cindy or Linda 021 528 7310

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